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Islamabad Fear of more pressure on the currency of Pakistan.

ByAdmin

May 5, 2023 , ,

The director of Fitch told Bloomberg in an interview that Pakistan has to pay by the current fiscal year, which could put further pressure on the Pakistani currency.

Director Fitch said that Pakistan has to return 3.7 billion dollars by the current financial year, Pakistan has to return 700 million dollars in May and 3 billion dollars in June.

The Fitch director said that due to foreign payments, there could be further pressure on Pakistan’s currency.

The Fitch director also says that Pakistan expects a rollover of 2.4 billion dollars from China, and Pakistan needs to restore the IMF loan program.

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