Pakistan, Feb. 10 -- The Federation of Pakistan Chambers of Commerce & Industry's Businessmen Panel (BMP) has stated that the massive investment in government papers leave little room for lending to the private sector, as the banks' investments in government papers reached Rs26 trillion by December 2024, contributing 57.6 percent to the central government's domestic debt.

The BMP Chairman and FPCCI former president Mian Anjum Nisar said that the government has been using taxpayers' money to pay unprecedented returns to the banks, urging the central bank to review its policies to facilitate the private sector.

The latest data issued by the State Bank of Pakistan (SBP) revealed how banks' money runs the central government and how the bank...