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It is to be noted that in FY 2016-17 Pakistan's gross financing need was 17.107 billion i.e.
As such the external gross financing need this year will be less than the last year in terms of percentage of GDP.
The month wise data is adjusted for compilation of quarterly fiscal operation data and then it is made for public and also placed on the Ministry of Finance website for dissemination.
It's not as naughty as my regular fics but it is rated T and it will change over to M in the next chap.
Pakistan witnessed a marginal increase of 1.4 percent (from 60.2 percent in 2013 to 61.6 percent in 2017) in its total government debt to GDP ratio during last four years while during the same period global debt to GDP ratio increased by about 8 percent (IMF World Economic Outlook).
Furthermore, developed countries like USA, UK and Japan also carry debt and maintain levels as high as 80 to over 100 percent of their GDPs, well over Pakistan debt to GDP levels.
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