Pak foreign, domestic loans cross figure of $100 bln

The country's foreign and domestic loans have crossed the figure of $100 billion and in one year, increase of $11.50 billion was registered. A private TV channel while quoting Budget Documents, said that Pakistan obtained loan worth of $7.27 billion from International Monetary Fund (IMF) in 1 year. Pakistan has to pay an amount of $8.5 billion as installment of loans in the budget of 2010-11 and the government has to pay $10 billion every year till 2015 under the head of loan. According to the documents, the government would get more loans to pay loans to IMF.

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