Monday 23 January 2012

Government borrowing crowding out private sector | HALALTAMWEEL.COM

Government borrowing crowding out private sector

1/23/2012 2:40:20 PM


KARACHI: The borrowing of government from the State Bank of Pakistan (SBP) and commercial banks is rising significantly to meet its swelling expenses and thus providing less room for the economic managers to ease the monetary stance to provide stimulus to the private sector of the country, which is facing stringent business environment amid several hurdles.


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