CPEC bonds suggested to govt
ISLAMABAD: After the successful auction of Sukuk bonds, The United Business Group (UBG) of the Federation of FPCCI has suggested to the government to launch CPEC bonds to overcome financial difficulties. Lauding the government for the successful auction of bonds of worth $2.5 billion without being under IMF programme, the UBG said that the issuance of these bonds would help government. However these would not resolve the financial difficulties on the back of falling exports and increasing imports, said top officials of the group in a statement issued here.–APP
“The government needs at least $10 billion to tackle the situation for which it could consider issuing CPEC bonds,” Naseemur Rehman, a central leader of the UBG said.