Pakistan, March 18 -- The government has announced plans to borrow Rs6.75 trillion from commercial banks between March and May to cover its budget deficit and repay maturing debts. According to the State Bank of Pakistan (SBP), Rs3.65 trillion will be raised through short-term Treasury Bills (T-bills), while Rs3.1 trillion will come from long-term Pakistan Investment Bonds (PIBs). These bonds will have maturities ranging from two to fifteen years, ensuring both short-term and long-term financing.

During this period, the government faces repayments of Rs3.87 trillion for maturing securities. However, due to weak tax collection, low financial inflows, and growing expenses, it continues to rely on domestic borrowing. This borrowing is essen...