In a positive development, Pakistan Foreign Exchange Reserves hits 4 years high

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In a positive development, Pakistan Foreign Exchange Reserves hits 4 years high

Pakistan’s foreign exchange reserves have reached a four-year high, says a special assistant to the Prime Minister on political communication Shahbaz Gill.

As per the details, Shahbaz Gill tweeted Friday morning that the reserves have increased to $16 billion.

He mentioned the values of foreign exchange reserves in 2008, 2018, and 2021.

فارن ایکسچینج ریزرو مارچ 2008 = 11.2 ارب ڈالر مارچ 2018 = 9.5 ارب ڈالر اپریل 2021= 16 ارب ڈالر

ملکی زرمبادلہ ذخائر 4 سال کا بلند ترین سطح عبور کرکے 16 بلین ڈالر ہوگئے ہیں.

— Dr. Shahbaz GiLL (@SHABAZGIL) April 9, 2021 link

In another tweet, Gill criticized former finance minister Ishaq Dar, saying, “There was a time when a fraudulent finance minister like Ishaq Dar blew 8 billion from the Foreign Reserve to appease his leader and show fake performance, bringing the country’s economy to the brink of disaster.”