The federal government has decided to raise funds by issuing dollar bonds next year for the first time in nearly five years, Bloomberg reported.
Advisor to the Finance Minister Khurram Schehzad informed the media about this. If successful, the country also intends to issue Yuan-denominated bonds this year to raise $250 million.
The return to global debt markets has put Pakistan at the top of investment options. The International Monetary Fund has also strengthened investor confidence and contributed to a 24 percent surge in the country’s dollar bonds this year, which is the highest performance in Asia.
Meanwhile, investor demand has also been bolstered by easing global financial conditions, including anticipated US Federal Reserve rate cuts, providing economies like Pakistan with renewed access to international markets.
Funny how govt is not worried about people conditions
It costs over 1500 for 2 people to buy food at even a moderate restaurant.
It costs nearly 3000 rs to buy sweets for a family on a happy occasion.
It costs 1000 rs to buy just 2 pomegranates. Just 2. Everything is expensive and e commerce sites are forced to charge 40 percent taxes for anything you buy.
You pay 2000 rs for every 5000 you spend
The fact that people are paying more taxes but being nothing for it shows this is not good