Budgetary borrowing showing upward trend to bridge short fall in revenue. It not clear what amount is included in borrowing. Do National Saving borrowing come under borrowing? What about T Bill borrowing? Private borrowing showing upward trend as cost of doing businesses has enhanced. Let's hope private borrowers are able to meet this high financial cost. Still the corporate results show decline in profit due to higher financial cost. I pray that there should not be.more default. Still there are alot of borrowers who are at default and are in litigation with Banks. It is high time that Banks interest may be protected by making necessary changes in laws. Banks has to lend at high price to meet these defaulters loan. Defaulters sins has to be paid by good borrowers. Banking courts should not let defaulters to take refuge under stay order. Sell defaulters companies and let new management to run these close units. This will result in creating more jobs and increase in productivity.

why 14% increase in government borrowing, instead they already stop all development projects, just for the better lifestyle ? also the private sector borrowing is two edge sword which is dramatic increase by 23%, hope it will not turned in to bad debts.

How the govt going to repay when there is a huge gap in revenue collection?? How long the bank can print money to fill the stomach of the govt??

Excellent results of Austerity drive

With PKR 450 billion in revenue shortfall which was targeted in two mini budget by our former financial wizard Asad Omar, what other options the govt. is left with. Having exhausted all other options providing temporary breathing space to our terminally ill economy, this is only course open to the govt. to sustain itself till injected with more a painful option in form of IMF bailout package having most stringent conditionalities in June this year. Realistically speaking, as demanded by the IMF too, the govt. must take prudent step to the privatization of 195 public owned company with prominent white elephants such as PSM, PIA, WAPDA, and Railways eating up more than PKR 1.3 trillions so far and adding on billions every month. Reduce expenditure of 30% of the GDP on oil imports mainly for electricity production by investing in renewable energy production & oil & gas explorations in Marri /Bugti areas of Baluchistan. The itenrary is difficult but the govt. has no choice other than that

Today has been a good day for entertainment and the Pakistan Economy has lived up to it's promise and provoded good entertainment and my pop corn consumption has doubled.