Finance Ministry has expressed dissatisfaction over huge variation seen in the important statistics related to treasury position of the country and has urged the central bank to look into the matter.
A press release issued by Ministry of Finance on Sunday stated that the overall treasury position of the country was in surplus of Rs 3.25 billion in a weekly statement issued by the central bank at the end of last fiscal year.
As a result of surplus treasury position, the government mobilized Rs 6.60 billion less internal loans than planned for last year. However, all of sudden, the central bank, in its third amendment of the treasury position issued on September 20 this year, stated that the overall treasury position was in deficit by Rs 7.99 billion. Though there used to be minor adjustments in the past, the variation of such an extent is worrisome, stated the release.
Source:Republica
|
| share with your friends |
Tuesday, November 3, 2009
Subscribe to:
Post Comments (Atom)
If you are interested to publish your own articles and stories related to stock exchange, then you may submit your articles via our email. If you are interested to display your picture, then you may send your passport size picture. Our contact email address is: 
No comments:
Post a Comment