Islamabad May 9 2023: Pakistan made arrangement for a repayment of USD 3.7 billion due by the end of June, 2023, according to ministry of finance.
“The media has carried a news that 3.7 billion dollar has to be repaid by GoP by the end of June, 2023, which is correct. However, this should not be any cause of concern as arrangements have been made for the rollover/repayment of this debt” according to the statement released by Ministry of finance.
The statement added, “It may also be noted that during this period significant inflows are also in the pipeline. The coalition government has averted the default and the economy is now on a course to stability and growth.”