Finance Minister Miftah Ismail stated on Saturday that the federal government has no plans to strategy the Worldwide Financial Fund (IMF) for a bailout package deal earlier than the top of its tenure.
Talking at a publish-price range press convention in Islamabad, the newly-appointed finance minister stated the measures taken by the federal government since December of final yr together with modifications delivered to the foreign money markets will assist it keep away from looking for one other bailout.
Ismail revealed that the federal government has immediately secured $1 billion financing which can assist increase the extent of foreign exchange reserves on the State Financial institution.
This can be a creating story that’s being up to date because the state of affairs evolves. Preliminary studies within the media can typically be inaccurate. We’ll attempt to make sure timeliness and accuracy by counting on credible sources reminiscent of involved, certified authorities and our employees reporters.
Your email address will not be published. Required fields are marked *
Sign me up for the newsletter!
The content is the property of the Roznama Urdu and without permission of the publisher will be considered copyright infringement..