Finance Minister Muhammad Aurangzeb concluded his US visit, discussing a potential $10 billion Exchange Stabilisation Support Facility and American investment in key sectors to foster Pakistan's economic growth. Meetings with IMF officials focused on continued support and structural reforms, while discussions with US Exim Bank and DFC aimed to attract foreign investment. Islamabad highlighted improved fiscal balances, stronger foreign exchange reserves, and an improved current account, signaling economic recovery. If approved, the US facility and increased investment could significantly bolster Pakistan's foreign exchange reserves, potentially stabilizing the PKR and influencing local gold prices.
بحوالہ / Source: www.dawn.com