Pakistan may raise US$2.5bil as in previous bond sale


ISLAMABAD: Pakistan’s Minister of State for Finance Rana Afzal Khan said the government may raise the “same” amount of funds from global debt markets as it did at a US$2.5bil sale in November.

A final decision hasn’t been taken yet and the government is studying all options, Rana said in an interview on the sidelines of a conference in the capital, Islamabad, on Tuesday. Pakistan aims to issue bonds or Islamic-compliant sukuk before elections in July as it looks to boost dwindling foreign-exchange reserves and continues to invest in infrastructure projects, Rana told Bloomberg last month in Karachi.

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Business , Pakistan , bond , sale

   

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