ISLAMABAD:,,, Caretaker Federal Minister for Finance, Dr Shamshad Akhtar on Wednesday said Pakistan anticipates raising nearly 4.5 billion dollars from multilateral and bilateral sources in the current fiscal year.
According to Radio Pakistan’s report, in an interview with official flagship Journal of Institute of Cost and Management Accountants International, the minister said for the second quarter, the government expects to receive over 1.6 billion dollars from these sources.
She said negotiations for some program loans have been completed, and disbursements are expected soon. She said that Pakistan is currently meeting its debt obligations in a timely manner and intends to continue doing so in the future.
Talking about International Monetary Fund (IMF) programme, the minister said, the first review of the Standby arrangement has successfully concluded and a Staff Level Agreement has also been reached.
She said the government is quite vigilant of the challenges emanating from the domestic and external sides and taking timely measures to address them.
