The minister says Pakistan would continue to honor its all financial commitments on time
Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar said here Friday that Bloomberg has pitched Pakistan’s one year probability of default at a low of 10 percent.
Taking to tweet, the minister said the default probability was quite opposed to a highly dubious number of 93 percent circulated by an unscrupulous local political leader a few days ago.
The minister also shared on his twitter account the graph of Bloomberg’s Estimated Default Probability in Emerging Markets (One-year probability of default).
He said, Pakistan would continue to honor its all financial commitments on time.
“#Bloomberg pitches Pakistan’s one year probability of default at a low of 10% as opposed to a highly dubious number of 93% circulated by an unscrupulous local political leader a few days ago. Pakistan will inshaAllah continue to honor its all financial commitments on time!” he tweeted.
SOURCE: APP
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