It is good to note that the Ministry of Finance has issued a timely correction to make it clear that the incumbent PTI government borrowed only Rs 3.44 trillion to finance its budget deficit during FY2018-19 while the figure of Rs 11 trillion being reported in a section of the media as increase in Total Debt and Liabilities requires certain clarifications. What are those clarifications. According to MoF, Total Debt and Liabilities actually increased by Rs 10.33 trillion (from Rs 29.88 trillion to Rs 40.21 trillion) during FY2018-19. That facts are sacred is a fact. Facts and figures are pieces of information, rather than opinions and ideas.

Copyright Business Recorder, 2019