LONDON: The federal minister for finance Ishaq Dar said on Saturday that the country’s forex reserves have increased to $12 billion and will reach $15 billion by September 30 this year.
Talking to prominent UK fund managers including Chief Executive Officer London Stock Exchange Xavier Rolet who called on him in London, the finance minister apprised them about the country’s macro-economic indicators and structural reforms undertaken by the government.
The finance minister also apprised them that the country is open to business and offers attractive investment opportunities with high returns.
Dar said that with the launch of the Euro Bond Pakistan has returned to the international bond market after seven years absence. He also informed that Pakistan will issue an Islamic bond denominated in dollars for Islamic banking institutions and funds.
