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.
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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.
