Govt prints 89 billion currency note pieces within one week of April

Share
Sources said that this is the first time in the history of Pakistan that stashed notes have increased to the level of 37 trillion 61 million.
In the first week of April on average notes worth 12 billion 740 million have been issued by the government.
Due to allowance of new notes in record worth, an increase of Rs 89 billion 110 million and 50, 00,000 has been recorded in the worth of stashed notes in the market and in this way overall volume of stashed notes has been observed on the highest level of Rs 37 trillion 61 billion and 650 million in the history of Pakistan while net volume of issued notes has been scaled up from the level of 37 trillion 61 billion and 810 million.
Professionals said that government despite low income started printing new notes instead of controlling expenditures which is leading to high inflation.
In the regime of premier government, notes worth Rs 17 trillion 8 million has been printed so far.-Online
- What is the right age of paddy nursery to transfer?03:14 PM | 2 Jul, 2022
- Cotton crop care during monsoon05:45 PM | 28 Jun, 2022
- Rooftop agriculture07:25 PM | 25 Jun, 2022
- Paddy directly from seed cultivation method05:56 AM | 22 Jun, 2022
- Bio-fertilizers | benefits and usage04:55 PM | 18 Jun, 2022
- Nawal Saeed melts hearts with new sizzling photos in saree11:10 PM | 6 Jul, 2022
- Michael Weisz’s YieldStreet faces litigation of over £100 million10:48 PM | 6 Jul, 2022
- Asad Zaman makes into Punjab Junior Tennis quarterfinals10:20 PM | 6 Jul, 2022
- DG ISPR, Information minister review Pakistan's diamond jubilee ...09:54 PM | 6 Jul, 2022
- In telephone call with Blinken, FM Bilawal reiterates commitment for ...09:29 PM | 6 Jul, 2022
- Nora Fatehi’s new video of playing cricket in saree goes viral06:06 PM | 6 Jul, 2022
- Fia Khan’s new bold pregnancy photoshoot with family goes viral05:18 PM | 6 Jul, 2022
- Dolly’s new TikTok video goes viral03:42 PM | 6 Jul, 2022
- Pakistani celebrities who are performing Hajj 202210:16 PM | 5 Jul, 2022
- Films releasing in Pakistan on Eidul Adha 202211:51 PM | 5 Jul, 2022
- Pakistan’s largest city Karachi still among world’s least ...06:26 PM | 23 Jun, 2022
- 42 Pakistani universities make it to Times Higher Education Asia ...07:52 PM | 1 Jun, 2022