Pakistan plans to boost bond market under IMF
The Pakistani government has revealed a plan to strengthen the local currency bond market, which includes allowing the public to trade treasury bills and government bonds through the stock market. This effort is part of compliance with the requirements of the International Monetary Fund program. The move comes within a strategy to improve the performance of the bond market and follows discussions with the IMF, which is currently visiting the country in preparation for disbursing approximately $1.2 billion. The Finance Minister confirmed that economic indicators are improving, despite challenges resulting from the conflict with Iran and its impact on public revenues.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)