Either they know very little about finance or try to mislead deliberately..or both! PTI added less to ext debt in its first FY than preceding year (pmln).
Gross inflows matched with outflows i.e. debt retirement = net impact on ext debt. In this case its USD 1.3 bn.
In a panel discussion on “Trade as a strategic development: the role of ITFC and its partners”, Hammad Azhar said: 40% of Pakistan's economy is based on SMEs and we are building an export oriented economy. CPEC offers investment opportunities to all countries.3