ISLAMABAD – The PTI government is likely to issue euros and sukuk (Islamic)bonds worth $3 billion in order to generate money for the loans repaymentsand other issues.
However the loans worth more than 6 billion are likely to be taken fromother sources.
Loan of $2 billion can be taken from commercial banks. The government islikely to take loans of $840 million from China.
The Asian Development Bank (ADB) can lend Pakistan $1.38 billion, IslamicDevelopment Bank can provide $1 billion and World Bank can loan out anamount of $700 million. During July 2018, Pakistan took a loan of nearly$470 million.
Read Top Stories
The State Bank of Pakistan issued details of government dues and loans atthe end of fiscal year 2017-18 on August 28, according to which thegovernment’s debt has reached Rs29.86 trillion.
