Domestic debt comprises permanent debt (medium and long-term), floating debt
(short-term) and unfunded debt (primarily made up of various instruments available under the National Savings Schemes).
Most of the increase in domestic debt came from short term floating debt
while net mobilization from permanent debt and unfunded debt remained limited during first nine months of current fiscal year.
He said that floating debt
was now 36.5pc compared to 63.5pc of fixed debt.
Liabilities due in 2018 (floating debt
) of ARS6.3 billion corresponded to a high 11.5% of operating revenue.
will account for the greater part of public debt, with the government expecting to raise a total Rs292.5bn under this head.
Permanent debt, floating debt
foreign currency loans, short-term loans unfunded debt formulate the total domestic debt stocks.
The share of permanent debt in the total domestic borrowing is falling, while the share of floating debt
An important change in debt management is the government's decision to stop accumulating arrears with suppliers, known as floating debt
The Instituto Centroamericano de Estudios Fiscales (ICEFI) also accused Segura of failing to investigate the administration's "floating debt
." The administration of President Otto Perez Molina was strongly criticized for awarding public works contracts even though these expenses had not been included in the budget.
According to the State Bank of Pakistan, the country's overall stocks of domestic debts, comprising permanent debt, floating debt
, un-funded debt and foreign currency loan continued to rise during the current fiscal year.
Permanent debt rose from Rs 678 billion at the end of June 2009 to Rs 789 billion at the end of May 2010, floating debt
rose from Rs 1,904 billion to Rs 2,397 billion and unfounded debt rose from Rs 1,270 billion to Rs 1,440 billion.