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Karachi [Pakistan], July 12 (ANI): The Pakistani government has borrowed approximately Pakistani currency (PKR) 3.2 trillion from scheduled banks between May 15 to June 28 of the fiscal year 2023-24, this works out to an average of 71.8 billion PKR per day, Dawn reported This borrowing spree comes despite a 30 per cent increase in revenue generation compared to the previous year. The government’s reliance on borrowing suggests high spending levels. Meanwhile, the recently announced budget for the next fiscal year aims to generate 40 per cent more revenue than the previous year, partly through …

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