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Chakaravarthy Profile picture
Chakaravarthy
@chak2006
Indian first. #MakeinIndia! Defence Enthusiast! Interested in World Economics.
Mar 17, 2019 • 23 tweets • 11 min read
A detailed thread on Pakistan's debt and Foreign exchange reserves. #NayaPakistan is on the way becoming #NayaPaisaPakistan In August 2018, foreign exchange reserves with the State Bank of Pakistan (SBP) stood at $10bn. Pak borrowed $3bn from SaudiArabia and $2bn from UAE. As of March 8, 2019, foreign exchange reserves with the SBP stood at $8bn. Still they are in talks with IMF to get $12bn more.