Year-wise impacts of devaluation of Pakistani Rupee against US dollar on the foreign debt during the last 5 years till date

According to the information made available to the National Assembly by Minister for Finance, Revenue, Economic Affairs, Statistics and Privatization, (Mr. Muhammad Ishaq Dar), following is the year wise impact of devaluation of Pakistani rupee on foreign debt since 2008:

2008-2009: 582,194 (Million Rs.)
2009-2010: 211,200 (Million Rs.)
2010-2011: 25,807 (Million Rs.)
2011-2012: 458,738 (Million Rs.)
2012-2013: 228,224 (Million Rs.)
Jun 2013-Oct 2013: 403,063 (Million Rs.)

Note: The above information is based on the question & sessions of the National Assembly of Pakistan. Please visit the official website of the National Assembly for details.

About National Assembly: The National Assembly of Pakistan is the country's sovereign legislative body. It embodies the will of the people to let themselves be governed under the democratic, multi-party Federal Parliamentary System. The National Assembly makes laws for the Federation in respect of the powers enumerated in the Federal Legislative list. Through its debates, adjournment motion, question hour and Standing Committees, the National Assembly keeps as check over the Executive and ensures that the government functions within the parameters set out in the Constitution and does not violate the fundamental rights of citizens. Only the National Assembly, through its Public Accounts Committee, scrutinizes public spending and exercises control of expenditure incurred by the government.

Tags: Pakistan, Economics, Business

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