Pakistan Eyes Global Bond Issues, Sees Budget Upside from US-Iran Deal
Pakistan is considering issuing more global bonds and anticipates a positive impact on its budget from a potential US-Iran deal. Finance Minister Aurangzeb noted that while the deal could be beneficial, it is too early to revise financial projections.
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Aurangzeb sees budget upside from US-Iran deal, but says 'way too premature' to revise projections
Pakistan could improve economic projections for 2027 after the end of the Iran war, but it is still too early to revise the budget, Finance Minister Muhammad Aurangzeb told Reuters, hours after the US and Iran signed a deal to end the fighting. Damaged energy infrastructure meant supply chains would take time to return to normal, after the conflict pushed inflation back into double digits, Aurangzeb said. “We were looking at how we manage the second, third-order impact in case this conflict c...
By none@none.com (Reuters)
Read full article →Pakistan eyes more global bond issues, sees budget upside from Iran deal
FinMin says may use commercial borrowing in 2027 to change creditor profile without increasing overall external debt
By Reuters
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