Pakistan Seeks IMF’s Help To Finance Fiscal Year
Jun 1, 2022 ·
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Description
Finance Minister Miftah Ismail says Pakistan’s government is unable to secure funding from the global bond market and commercial banks, making it even more important to secure an agreement with...
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Finance Minister Miftah Ismail says Pakistan’s government is unable to secure funding from the global bond market and commercial banks, making it even more important to secure an agreement with the International Monetary Fund.
Pakistan’s dollar bonds gained a key benchmark for the IMF to resume its loan program. Pakistan is seeking to secure a staff-level agreement with the fund in June.
Ismail says Pakistan needs about $36 billion to $37 billion in financing for the fiscal year starting June.
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Pakistan’s dollar bonds gained a key benchmark for the IMF to resume its loan program. Pakistan is seeking to secure a staff-level agreement with the fund in June.
Ismail says Pakistan needs about $36 billion to $37 billion in financing for the fiscal year starting June.
Information
| Author | Africa Business Radio |
| Organization | Africa Business Radio |
| Website | - |
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