Tag Archives: default

Due to mismanagement of Shahbaz Sharif Punjab is almost bankrupt!

Punjab government is almost bankrupt?

Punjab chief minister Shahbaz Sharif requested the federal government to convert the Rs. 50 billion overdraft of Punjab government into a loan. The federal government requested the state bank to do so which they oblige. If it was not converted then there was a danger that Punjab government default. The total overdraft of Punjab government is Rs. 70 billions. Shahbaz Sharif is not managing it properly?

Courtesy: Siasat