Pakistan improbable to meet debt reduction targets.


The government may not achieve most of its targets set in the medium-term debt reduction strategy due to current high public debt levels amid addition of $14 billion to the external public debt in current fiscal year, said the Ministry of Finance on Friday.

However, it emphasised that the country would make significant progress on achieving the targets set for the 2019-24 period, including putting the country's debt on a downward path.

Headed by Pakistan Tehreek-e-Insaf (PTI)'s former finance minister Asad Umar, the National Assembly Standing Committee on Finance...

To continue reading