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Foreign reserves cross $ 10b: Dar
 
 
 
Foreign reserves cross $ 10b: Dar

WASHINGTON- Finance Minister Ishaq Dar has said that foreign reserves have crossed ten billion dollar mark.

Finance Minister Ishaq Dar said this during his meeting with US Deputy Secretary Treasury Sarah Bloom Raskin in Washington and briefed her about Pakistan economic recovery plan. The Minister noted that fiscal deficit is well below the target, inflation is down to single digit, and foreign reserves have crossed ten billion dollar mark. The Finance Minister said stock market is booming and has reached the 29,000 mark. He said the Government has taken bold reforms in energy sector to overcome energy shortage. He said the government cleared circular debt and added 1,700 MW electricity to the national system, which resulted in growth in large scale manufacturing. The Deputy Secretary congratulated Finance Minister on a very successful launch of the Eurobond and appreciated strong economic recovery plan.

 
 
 
 
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