Islamabad [Pakistan], March 27 (ANI): Asian Development Bank released a report which states that Pakistan has accumulated over USD10 billion in new debt during the Covid-19 pandemic.
To manage the fiscal imbalance, the government massively stockpiled debt, which led to impacts on financial markets. A high fiscal deficit affects resource allocation among the private and the public sectors. In Pakistan, the borrowing of the
Pakistan accumulates over USD10 billion in new debt during Covid pandemic
