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Your email address will not be published.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

Lufthansa orders 80 planes from Boeing and Airbus

The Lufthansa Group has ordered purchase of a total of 80 state-of-the-art…

U.S. VP Kamala Harris starts investment in Central America

Washington: On Monday, U.S. Vice President Kamala Harris announced a new investment…

Gold price in Pakistan jumps on seasonal demand

Gold prices jumped on Friday as demand for the safe-haven metal was…

First female MD of Falcon-i

Farha Naz is appointed as the first female managing director of Falco-i,…