Upon what security may the Federal Government borrow under Article 166?

A. The Provincial Consolidated Funds jointly

B. The Public Account of each Province

C. Private bank deposits

D. The Federal Consolidated Fund

Explanation

Article 166 extends the Federation’s executive authority to borrowing upon the security of the Federal Consolidated Fund. Borrowing and federal guarantees remain within any limits that Parliament fixes by law from time to time.

Source

Pakistan Code — Constitution of Pakistan (Twenty-Seventh Amendment incorporated)

Answer verified on 2026-10-20

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