May 14, 2022

Huge foreign loans acquired by KP govt echoes in PA

PESHAWAR: The issue of the rising volume of foreign loans – over Rs 598 billion — by the KP government echoed in the provincial assembly on Friday.To a question by Rehana Ismail of the Jamiat Ulema-e-Islam-Fazl, it was informed the KP government had acquired foreign loans of Rs 598.78 billion so far.Rehana Ismail said she had sought a year-wise break-up of the loans the provincial government had received to date, but the Finance Department in its answer did not provide details and...