AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad: Government and Special Investment Facilitation Council (SIFC) policies are beginning to yield tangible results on the economic front. Due to the government’s prudent and well-structured borrowing strategy, a significant reduction in the cost of public debt is being recorded.
According to Radio Pakistan, through borrowing on favourable terms, the Ministry of Finance has reduced funding costs and enhanced overall market stability. In a recent Pakistan Investment Bond auction, the government successfully raised 488 billion rupees against a target of 450 billion rupees.