🔊 Listen to ArticleEvery single Pakistani is now under Rs 153,689 of debt as the per capita debt climbed by 28% at the end of the fiscal year. Last year, the per capita debt had been recorded at Rs24.9 trillion and the Ministry of Finance at that time worked out the per capita debt at Rs120,099. The resultant 28% increase has amounted to Rs33,590 per capita debt. The PTI government presented its annual Fiscal Policy Statement to the National Assembly as per the act, which has revealed the climbing rate of per capita debt. The fiscal policy statement showed that the total public debt was recorded at Rs32.7 trillion at end June 2019, resultantly, public debt per capita stood at Rs153,689 at end June 2019.

Source: Pakistan Today February 02, 2020 06:00 UTC