Home
Search:
1146 feeds
357 categories
0 articles (<24 hours)
29 registered users

Use the Mobile version
Mobile

Follow our Twitter feed

View our Linkpartners
Links

Username:
Password:

Register | Retrieve

General


RSS FeedsNew govt has no option but to borrow to clear growing debt: official
(WorldNews Pakistan)

 
 

20 august 2018 05:26:04

 
New govt has no option but to borrow to clear growing debt: official
(WorldNews Pakistan)
 


ISLAMABAD: To hit the ground running - when it formally starts functioning this week - the new PTI-led coalition government is estimated to require an upfront settlement and restructuring of almost Rs1.9 trillion worth of liabilities and receivables of public sector entities. A senior government official said the Pakistan Tehreek-i-Insaf government would have to make book adjustments and oversee write-offs - apart from resorting to different kinds of borrowing - to clear the stockpile of debt and liabilities of loss-making entities. The official explained that a major portion of the liabilities piled up over time due to the widening gap between payables and receivables in...


 
13 viewsCategory: General > Asia > Pakistan
 
Aitzazīs `unilateralī nomination further divides opposition
(WorldNews Pakistan)
Jam takes oath as 16th CM of Balochistan
(WorldNews Pakistan)
 
 
blog comments powered by Disqus


Copyright © 2008 - 2024 Indigonet Services B.V.. Contact: Tim Hulsen. Read here our privacy notice.
Other websites of Indigonet Services B.V.: Nieuws Vacatures Science Tweets Nachrichten