In the next 2 years, after the transfer and interest payments to the provinces, the federation will have to take a loan for expenses.
According to private TV channel Dunya News, the sources of the Ministry of Finance say that the federal government will have to borrow more than 30 billion rupees on a daily basis, there will be no money for defense expenses, pensions, government expenses, and salary payments.
According to sources, the burden of interest payments will reach 10,300 billion rupees in the next financial year, the burden of transfers and interest payments to the provinces will exceed 20,630 billion rupees. The transfer budget is increasing rapidly, after the next budget, the federal government will save 500 billion rupees after the transfer to the states and provinces, there is a need to review to burden the NFC payments and interest payments.
