'Circular debt build-up reduced by 189bn for July-Apr this FY'

Circular debt build-up for July-Apr reduced by Rs189bn current FY, says Umar
Says full year debt expected to be Rs100bn less than that of PML-N's last year in government
ISLAMABAD:
Federal Minister for Planning and Development Asad Umar said on Tuesday that the circular debt build up for the period of July-April this fiscal year has been reduced by Rs189 billion as compared to the previous year.
"Circular debt build up jul-apr this fiscal year is 260 billion vs 449 billion same period last year, a reduction of 189 billion," the minister said in a series of Twitter posts today.
"The full year circular debt build up this year is expected to be more than 100 billion LESS than the circular debt build in PMLN last year of govt!," he added.

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