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"Let there arise out of you a band of people inviting to all that is good enjoining what is right and forbidding what is wrong; they are the ones to attain felicity".
(surah Al-Imran,ayat-104)
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User Name: Riaz
Full Name: Riaz Jafri
User since: 25/Jan/2008
No Of voices: 834
 
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Foreign Exchange Reserves

 

Never in the history of Pakistan our FE reserves crossed the 20 billion dollar line, claims the government and the PM congratulated the Finance Minister applauding his efforts in achieving this Herculean fiscal marvel.  It is indeed a matter to rejoice for all Pakistanis and we sincerely hope, wish and pray that it  is all ours and ours alone and not loaded with some foreign debts from the World Bank, IMF, ADB, some consortium or any donor country, for which we would have not only to pay back the principal amounts in dollars, Euros and Yuans but also with heavy interest upon them too!

 

Col. Riaz Jafri (Retd) 

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