ISLAMABAD: Federal Finance Minister Ishaq Dar has said that Pakistan’s exports had reached $ 16 billion mark.
While addressing a news conference in Islamabad, he said that it was due to prudent economic policies of the government that the export target is higher this fiscal year than before.
Dar announced that Pakistan’s foreign exchange reserves have reached $ 11.67 billion. He concluded that the government would achieve the target of $ 15 billion in foreign exchange reserves by September 30, 2014.
He added that Eurobonds issued by Pakistan received an overwhelming response from the international investors. He said the proceeds of the $2 billion bonds have already been received by the State Bank of Pakistan.
