Govt projected to add PKR 19.3tr to public debt in 5-year.

The Pakistan Tehreek-e-Insaf (PTI) government is projected to add Rs19.3 trillion to the public debt in its five-year term - which will be equal to 80percent of the debt piled up in the past 71 years, and the debt will remain at unsustainable levels, showed figures of the Ministry of Finance. The public debt, which was at Rs24.2 trillion or 72.1percent of gross domestic product (GDP) at the end of Pakistan Muslim League-Nawaz (PML-N) government's term, would surge to Rs43.5 trillion or 70.1percent of GDP by 2022-23, showed the figures that the Ministry of Finance shared with the National Assembly Standing Committee on Finance. There will be an increase of Rs19.3 trillion or 80percent in the public debt during the five-year term as...