Pakistan
Bloomberg pitches Pakistan’s default probability at low of 10pc: Dar
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
-
Pakistan 2 days ago
Plea filed in SC for implementation on national action plan 2014
-
Sports 1 day ago
Fourth T20I match: Imad can be part of Pakistan’s squad against New Zealand
-
Pakistan 18 hours ago
Petition to file case against Punjab CM for wearing Police uniform
-
Pakistan 2 days ago
Iranian President Raisi reaches Lahore
-
Business 2 days ago
Gold price falls drastically by Rs7800 in Pakistan
-
Pakistan 2 days ago
Delay in tax cases: PM orders to suspend Chief Commissioner Inland Revenue
-
Pakistan 2 days ago
US reacts to Iran’s president visit in Pakistan
-
Pakistan 1 day ago
PM Shehbaz suggested reaching out to Imran Khan, India