Ishaq Dar claimed Pakistan’s forex reserves are $10 billion not $4 billion

Islamabad: (Staff Reporter) Finance and Revenue Minister Muhammad Ishaq Dar claimed that Pakistan’s foreign exchange reserves weren’t $4 billion but were actually $10 billion.

According to the reporter, he said Pakistan was repaying its outstanding debts on time, adding the foreign exchange reserves would soon stabilize again. The minister said that the country s foreign exchange reserves clocked at $10bn as $6bn were lying with the local commercial banks.

As per details he said a delegation of the International Monetary Fund (IMF) would visit Pakistan soon and that he would also meet with the Funds officials in Geneva. Dar further said funds from friendly countries including Arab countries would also be transferred to Pakistan soon.

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