Pakistan Government considering dollar-denominated bond

“The News” report by Mehtab Haider

The government is considering launching dollar-denominated Pakistan Infrastructure Development Bond in the next financial year to arrange financing for mega projects such as construction of Bhasha dam, metro bus service and other new initiatives, official sources said.

To meet the infrastructure requirements, Pakistan requires multibillion dollars investment to fill this gap and there is a concept to involve overseas Pakistanis in the development projects where return on savings will be guaranteed by the government of Pakistan.

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