Imran Khan’s Flagship Diaspora Bonds Earn Pakistan A Mere $26 Million

Islamabad: Pakistan Prime Minister Imran Khan’s second appeal to overseas Pakistanis has failed to yield desired results as less than 600 expatriates have invested a mere $26 million in Diaspora bonds, Express News reported. Raising funds from non-resident Pakistanis was Pakistan Tehreek-e-Insaf (PTI) government’s out-of-the-box solution to the country’s current account deficit problem. Launching the Pakistan Banao Certificate in January, Prime Minister Imran Khan had hoped for a huge response from Pakistanis living in the United States, Canada and the United Kingdom. However, according to sources in the Ministry of Finance and the State Bank of Pakistan (SBP) at the end of June, less than 600 non-resident and resident Pakistanis invested roughly $26 million in Pakistan Banao Certificates, said the report. (IANS)

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