| Tuesday, February 17, 2009 By Khalid Mustafa ISLAMABAD: The plan of the government to go for borrowing of over $12 billion just from the International Monetary Fund (IMF) will expose the country to huge debt servicing that will eat up 44 per cent of tax collection leaving meagre resources for defence expenditures and for paying salaries of employees, a senior official at Ministry of Finance told The News. |
