{"id":96805,"date":"2024-04-16T12:20:54","date_gmt":"2024-04-16T07:20:54","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=96805"},"modified":"2024-04-16T12:51:18","modified_gmt":"2024-04-16T07:51:18","slug":"pak-govt-eyes-2-47tr-financial-reserves-june","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pak-govt-eyes-2-47tr-financial-reserves-june.html","title":{"rendered":"Govt plans to raise PKR 2.47 tn through T-bills auction"},"content":{"rendered":"\n<p>Islamabad: The Pakistan Government has unveiled an ambitious plan to bolster its financial reserves by generating PKR 2.47 trillion over three months from April to June 2024, as claimed in a news article on April 11.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/tenders-pak-iran-gas-pipeline.html\" target=\"_blank\" rel=\"noreferrer noopener\">Tenders invited to initiate work on 80-km Pak-Iran Gas Pipeline<\/a><\/p>\n\n\n\n<p>According to the details, this plan, outlined in the State Bank of Pakistan&#8217;s auction calendar, aims to exceed the maturing amount of PKR 2.123 trillion. The strategy involves seven Market Treasury Bill (MTB) auctions spread across the final quarter of the fiscal year, with specific fundraising targets for each month: PKR 1.05 trillion for April, PKR 600 billion for May, and PKR 825 billion for June. <\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/uap-rail-project-see-new-development-soon.html\" target=\"_blank\" rel=\"noreferrer noopener\">PAK, Russia, CARs convene for UAP Rail Project funding talks<\/a><\/p>\n\n\n\n<p>The auctions will feature various MTB durations, including 3-month, 6-month, and 12-month terms, to procure PKR 825 billion through each duration. This proactive approach demonstrates the government&#8217;s commitment to managing its finances effectively and ensuring stability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Pakistan Government has unveiled an ambitious plan to bolster its financial reserves by generating PKR 2.47 trillion over three months from April to June 2024, as claimed in a news article on April 11. Read: Tenders invited to initiate work on 80-km Pak-Iran Gas Pipeline According to the details, this plan, outlined in the State Bank of Pakistan&#8217;s auction calendar, aims to exceed the maturing amount of PKR 2.123 trillion. The strategy involves seven Market Treasury Bill (MTB) auctions spread across the final quarter of the fiscal year, with specific fundraising targets for each month: PKR 1.05 trillion for April, PKR 600 billion for May, and PKR 825 billion for June. Read: PAK, Russia, CARs convene for UAP Rail Project funding talks The auctions will feature various MTB durations, including 3-month, 6-month, and 12-month terms, to procure PKR 825 billion through each duration. This proactive approach demonstrates the government&#8217;s commitment to managing its finances effectively and ensuring stability.<\/p>\n","protected":false},"author":88,"featured_media":64102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[58058,58025,8328],"persona":[],"class_list":{"0":"post-96805","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-financial-reserves","9":"tag-gop-news-and-updates","10":"tag-government-of-pakistan","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pak Govt Eyes 2.47Tr Financial Reserves by June - Zameen News<\/title>\n<meta name=\"description\" content=\"The Pakistan Government aims to generate PKR 2.47 trillion by June 2024. 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Read more in the April 11 news.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pak-govt-eyes-2-47tr-financial-reserves-june.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-16T07:20:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-16T07:51:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/GoP.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Muhammad Zohaib Nasir\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Zohaib Nasir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Pak Govt Eyes 2.47Tr Financial Reserves by June - Zameen News","description":"The Pakistan Government aims to generate PKR 2.47 trillion by June 2024. 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