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Pakistan’s interest expenses increases, spends over PKR 3.2 trillion on debt servicing and defence

Islamabad [Pakistan], January 22 (ANI): Interest expenses in Pakistan have increased to Pakistani Rupees (PKR) 2.57 trillion in the first half of this fiscal year, amounting to 65 per cent of the annual debt servicing budget, and is forcing the Pakistan government to reduce its other expenses, except those on defence, The Express Tribune reported.
The development comes amid the government’s reluctance to opt for debt rest