NewsThe Government Lined Up Loans

January 19, 2021Zayn0

The government has provided with new loans of over Rs five hundred eighty billion for the banking sector, costs 22% more than the target due to the loan taken.

According to the government ‘s debt new total of Rs 587 billion, 64 million to 40 million by the banking sector to back loans taken, the State Bank’s loan bills and investment bonds in the auction was achieved through, from 575 in for billion three months, for Rs 7 billion to 9 billion to 5 billion 77 million 6 months, two for the year debt were new loans to seven decimal two were interest rate of percent the auction overall for the borrowing target was set at Rs 475 billion, the government has to repay internal debts of Rs 532 billion during the week.

Extracted from City42 News

Zayn

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