Pakistan’s dollar-denominated bonds are great investment: Miftah Ismail

By MG News | April 26, 2022 at 01:18 PM GMT+05:00

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April 26, 2022 (MLN): Pakistan’s US dollar-denominated bonds are a great investment, said Federal Finance Minister, Miftah Ismail on Twitter.

The federal minister, along with the governor State bank of Pakistan (SBP) Dr. Reza Baqir, and High Commissioner Moazzam Khan met with investors yesterday.

“My message was that Pakistan’s bonds are a great investment.”

He thanked the JP Morgan team, a global leader in financial services offering solutions to the world's most important corporations, governments, and institutions, especially Saad Siddiqui, for hosting the event.

To note, cash-strapped Pakistan has been in dire need of funds for shoring up its foreign exchange reserves in the face of increasing import bill.

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