Constitution

Part VI · Finance, Property, Contracts and Suits · Borrowing and Audit

Borrowing by Federal Government

Article 166

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The executive authority of the Federation extends to borrowing upon the security of the Federal Consolidated Fund within such limits, if any, as may from time to time be fixed by Act of 1[Majlis-e-Shoora (Parliament)], and to the giving of guarantees within such limits, if any, as may be so fixed.