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Cutting out the middleman
Shift even a tenth of the Rs54tr domestic stock out of banks and into retail hands at a yield just 150 basis points cheaper, and the annual saving runs into the region of Rs80bn.
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Timeline cronologica
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Beyond budget arithmetic
Pakistan has absorbed much of the fiscal cost of devolution without fully realising its potential efficiency gains.
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Cutting out the middleman
Shift even a tenth of the Rs54tr domestic stock out of banks and into retail hands at a yield just 150 basis points cheaper, and the annual saving runs into the region of Rs80bn.