KARACHI: The government has been borrowing heavily from banks, as evidenced by the latest State Bank of Pakistan...

KARACHI: The government has been borrowing heavily from banks, as evidenced by the latest State Bank of Pakistan...

The government will spend Rs8tr on debt servicing in FY27 and will again borrow trillions for this purpose.

The banks come out with huge liquidity, over Rs2tr, to invest in government papers, the easiest way to earn risk-free profits.