ISLAMABAD : Pakistan will exceed the revenue target set in the last budget for the current financial year, the country's finance minister said on Wednesday.
Speaking at a news conference, the minister, Shaukat Tarin, said revenues would hit 6.1 trillion Pakistani rupees , compared to a target of 5.8 trillion Pakistani rupees . He said a recent fuel and electricity subsidy package announced by the government would be partially financed by the extra revenues.
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Japan Finance Minister voices view against turning BOJ-held bonds into perpetual debtTOKYO : Japanese Finance Minister Shunichi Suzuki shrugged off an idea of turning government bonds (JGBs) held by the central bank into perpetual bonds.Such an action would be tantamount to debt financing and it could trigger a spike in government bond yields, Suzuki told a parliament session.
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