While the world’s economy is declining, Pakistan’s economy is about to reach new heights.
According to reports, Pakistan received 2.5 billion in Eurobonds, after which the country’s foreign exchange reserves have reached the highest level in three years.
According to a statement released on SBP’s social networking site Twitter, Pakistan has received 2.5 billion in Eurobonds.
According to the tweet, the country’s foreign exchange reserves reached US$16 billion.
Earlier, a statement was issued by the Finance Ministry stating that Pakistan has returned to the international capital market after three years. The capital market raised US$2.5 billion from 5, 10 and 30 year Eurobonds.
According to a statement issued by the Ministry of Finance, investors from Asia, the Middle East, Europe and the United States have shown keen interest in Eurobonds. For the first time, Pakistan has issued bonds under the Global Medium Term Program. Pakistan will continue to issue bonds in the capital market in the future as well.