Pakistan Headlines 22/04/2014
- Published in News & Comment
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Interest Based Loans are Contributing to Economic Collapse The Monetary Policy Information Compendium for March 2014, released by the State Bank on Tuesday 15 April 2014, showed that the domestic debt increased by over Rs1 trillion. The State Bank in its latest report revealed that interest payments on domestic debt have shown an annualized growth of nine per cent during July-January of FY14. This abnormally high growth of domestic debt…
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