Pakistan's humungous internal borrowings push it towards a double debt crisis

Karachi [Pakistan], September 6 (ANI): The internal debt of the central government of Pakistan has increased by PKR 537 billion in July this year; according to experts, the situation reflects the steep rise in expenditure of the state machinery in Pakistan, Dawn reported on Friday.

Pakistan currently finds itself in a double-edged debt trap. The entire budget of the country goes into domestic and foreign debt servicing, w