Pakistan, Feb. 11 -- The government has postponed the issuance of $250 million worth of Panda Bonds for the fourth time this fiscal year, after the Finance Ministry failed to complete the required preparations on schedule.
Originally planned for early February, the bond launch could not move forward due to incomplete documentation and pending approvals, although officials remain hopeful that the process will be completed within the next month.
Meanwhile, the government is also arranging funds to repay $1.2 billion in Eurobonds due in April 2026, adding pressure on financial managers to ensure smooth handling of upcoming external obligations.
Moreover, sources revealed that international financial institutions, including the Asian Devel...
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