ISLAMABAD: Minister for Finance Ishaq Dar has expressed confidence that Pakistan’s foreign exchange reserves would cross $22 billion by the end of this month.

He was speaking at an MOU signing ceremony between Pakistan and the World Bank. The MOU was signed by Secretary Economic Affairs Division Tariq Bajwa and World Bank Representative Anthony Cholst.

The WB support is to assist Pakistan in carrying out critical economic structural reforms initiated by the present government to accelerate and reinvigorate inclusive growth in Pakistan.

Dar said that the assistance will pave the way for enhancing investment in the country. He said it will increase the value of Pakistani rupee.

World Bank representative Anthony Cholst said the Bank will continue economic cooperation with Pakistan.

He appreciated the government for stabilising the economy of the country.

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