ISLAMABAD: Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar said here Friday that Bloomberg has pitched Pakistan’s one year probability of default at a low of 10 percent.
In a tweet, the minister said the default probability was quite opposed to a highly dubious number of 93 percent circulated by an unscrupulous local political leader a few days ago.
The minister also shared on his twitter account the graph of Bloomberg’s Estimated Default Probability in Emerging Markets (One-year probability of default).
He said, Pakistan would continue to honor all its financial commitments on time.
“#Bloomberg pitches Pakistan’s one year probability of default at a low of 10% as opposed to a highly dubious number of 93% circulated by an unscrupulous local political leader a few days ago. Pakistan will inshaAllah continue to honor its all financial commitments on time!” he tweeted.
