Aurangzeb Discusses US EXIM Financing for PIA, Reko Diq Gold Project

Finance Minister Aurangzeb held talks with the US Export-Import Bank (EXIM) on potential financing for key projects, including Boeing aircraft for a privatised PIA, refinery upgrades, and the Reko Diq copper and gold mining venture. Adviser Khurram Schehzad confirmed the government is facilitating PIA's access to financing without sovereign guarantees. This potential foreign financing could improve Pakistan's economic outlook and foreign exchange reserves, possibly impacting the USD/PKR rate and local gold prices.

بحوالہ / Source: www.brecorder.com