Troublemaker Country Pakistan Is Crippled, Pakistan To Borrow Gold From Citizens To Increase Foreign Exchange Reserves

Troublemaker Country Pakistan Is Crippled, Pakistan To Borrow Gold From Citizens To Increase Foreign Exchange Reserves
Photo courtesy: Republicworld

Crippled under rising debts, Pakistan is planning a proposal to borrow gold from its citizens to increase its foreign exchange reserves. According to the State Bank of Pakistan (SBP), as of February 11, the central bank’s reserves which have been on a constantly declining path further slid to USD 17 billion.

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Read more at: https://www.republicworld.com/world-news/pakistan-news/pakistan-to-borrow-gold-from-citizens-to-increase-foreign-exchange-reserves-report-articleshow.html

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  • 21 Feb 2022
  • WerIndia

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