After having concluded its visit to Middle East, addressing largely attended investors conferences in Dubai and Abu Dhabi, the Pakistan team led by Finance Minister, Ishaq Dar has arrived in London to cover the Europe side of its campaign for Islamic Bonds (Sukuk).
The Finance Minister on Tuesday addressed meetings attended by leading investors, banks and financial institutions highlighting the Sukuk. The Minister shared with the participants, the key economic indicators, saying these manifested a turn around in Pakistan’s economy. All this he said, was the result of consistent economic reforms agenda pursued by the present government.
Eulogizing the role played by the Overeseas Pakistanis to offset negativities of two sit-ins, the Minister said, their remittances would also help us achieve the 15 billion dollar forex reserve target by year end.
He welcomed the deep interest evinced by investors in the sukuk bond. He said seeing the turn out in conferences in UAE and now in London, he was positive the response for sukuk far exceeded the interest evinced in Euro Bonds.
The US dollar denominated sukuk transaction is set to follow as the investors conferences/meetings conclude in Singapore and London
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