Islamabad: On Wednesday, Finance Minister Ishaq Dar said that Pakistan was well-positioned to manage around $34 billion in external financing in the fiscal year 2023. “The total (borrowing) requirement for the current fiscal year is about $32-34 billion. You will have $22 billion liabilities due to the multilateral, and roughly $12 billion deficit,” Dar told journalists. “We can, God willing, manage that.” “I assure you that you don’t need to worry. We will get that,” Dar added.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Elon Musk’s Starlink to launch internet services in Pakistan

On Monday, it emerged that a delegation from Starlink, a US-based broadband…

Suez Canal traffic disrupted after oil tanker engine breaks down

An oil tanker caused a temporary disruption of traffic in Egypt’s Suez…

Pakistan, China agree to further strengthen high-level engagement

Pakistan and China on Wednesday agreed to further strengthen high-level dialogue and…