Federal Minister of Finance, Shamshad Akhtar, has said that the goal is toobtain $11 billion from friendly countries and donors. It is expected toreceive $3.5 billion under the Rise Program from the World Bank.
While speaking here today, they said that the target for the current fiscalyear is to obtain $11 billion from donors and friendly countries.
Discussions are underway with China and Saudi Arabia to collect $11billion. It is expected to receive $350 million under the Rise Program fromthe World Bank.
In addition to receiving $11 billion from friendly countries and donors inrepayments, a request for oil on deferred payments has also been made toSaudi Arabia.
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Through the IMF, work is underway to bring in foreign investment, andagriculture, retail, and real estate sectors will have to be brought intothe tax net.
The state of domestic loans is extremely precarious, and a major reason forinflation is the depreciation of the rupee. No one will be allowed toengage in illegal activities in the currency market, and all unlicensedexchange companies will be closed.
