Pakistan To Soon Bridge External Financing Gap Of $4

ISLAMABAD: Pakistan will soon bridge its external financing gap of $4 billion with the help of friendly countries under the IMF condition in the face of huge pressure on foreign currency reserves, said Acting Governor SBP Dr Murtaza Syed on Sunday. He also conceded that inflation would persist in a higher range for the next 11 to 12 months, so the central bank was seeking an inflation target in the range of 18-20 percent on an average for the current fiscal year 2022-23.

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