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Pakistan Debt surges by 40 percent.

Pandora

SENIOR MEMBER
Feb 15, 2013
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Devaluation of Rupee caused massive debt increase not massive borrowing. This is what happens when these good for nothing journos pretend to be economist/finance experts.

Ruppe was 123 when PTI govt took power now its 154.45 against usd. That is a percentage increase of 25.57 so in reality its an increase of 14.43 % in debt bcz of borrowing.
 

Protest_again

SENIOR MEMBER
May 19, 2019
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India
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Devaluation of Rupee caused massive debt increase not massive borrowing. This is what happens when these good for nothing journos pretend to be economist/finance experts.

Ruppe was 123 when PTI govt took power now its 154.45 against usd. That is a percentage increase of 25.57 so in reality its an increase of 14.43 % in debt bcz of borrowing.
This is including domestic debt. How does dollar devaluation affect the domestic debt?
 

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