{"id":11000,"date":"2021-05-22T14:15:32","date_gmt":"2021-05-22T14:15:32","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=11000"},"modified":"2021-05-22T14:15:43","modified_gmt":"2021-05-22T14:15:43","slug":"pakistan-foreign-exchange-reserves-exceed-23-billion-minister","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2021\/05\/22\/pakistan-foreign-exchange-reserves-exceed-23-billion-minister\/","title":{"rendered":"Pakistan foreign exchange reserves exceed $23 billion: minister"},"content":{"rendered":"<p>Pakistan&#8217;s foreign exchange reserves have crossed the $23 billion mark, Energy Minister Hammad Azhar said Saturday.<\/p>\n<p>There has been a boom in the export sector that would help stabilise the economy, Azhar said at a press conference in Islamabad.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-11002\" src=\"https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/05\/forex-reserves-climb-to-historic-23-billion-rapidnews-pakistan-dailyrapidnews.jpg\" alt=\"forex-reserves-climb-to-historic-23-billion-rapidnews-pakistan\" width=\"1280\" height=\"720\" srcset=\"https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/05\/forex-reserves-climb-to-historic-23-billion-rapidnews-pakistan-dailyrapidnews.jpg 1280w, https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/05\/forex-reserves-climb-to-historic-23-billion-rapidnews-pakistan-dailyrapidnews-300x169.jpg 300w, https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/05\/forex-reserves-climb-to-historic-23-billion-rapidnews-pakistan-dailyrapidnews-1024x576.jpg 1024w, https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/05\/forex-reserves-climb-to-historic-23-billion-rapidnews-pakistan-dailyrapidnews-768x432.jpg 768w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<p>The country exported goods worth $3.2 billion in the month of March alone, the minister said. He was hopeful of achieving 4% growth rate this fiscal year.<\/p>\n<p>The former Pakistan Muslim League-Nawaz government obtained Rs7,000 billion loans by asking the State Bank of Pakistan to print excess notes, the minister said.<\/p>\n<p>The economy was artificially supported in the tenure of the former government, he said.<\/p>\n<p>The Pakistan Tehreek-e-Insaf government has obtained no loan from the central bank, Azhar added.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"col-md-12 desk\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan&#8217;s foreign exchange reserves have crossed the $23 billion mark, Energy Minister Hammad Azhar said<\/p>\n","protected":false},"author":1,"featured_media":11001,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-11000","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pakistan foreign exchange reserves exceed $23 billion: minister<\/title>\n<meta name=\"description\" content=\"Pakistan&#039;s foreign exchange reserves have crossed the $23 billion mark, Energy Minister Hammad Azhar said Saturday.There has been a boom\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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Meanwhile, foreign reserves held by the State Bank alone stood at a\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"govt-endeavouring-to-take-forex-reserves-to-dollar-25-billion-by-june-Pakistan-foreign-exchange-reserves-jump-to-53-month-high-rapidnews","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/04\/govt-endeavouring-to-take-forex-reserves-to-dollar-25-billion-by-june-Pakistan-foreign-exchange-reserves-jump-to-53-month-high-rapidnews.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":8680,"url":"https:\/\/dailyrapidnews.com\/eng\/2021\/04\/12\/pakistans-overseas-remittances-exceed-2bn-for-10th-straight-month\/","url_meta":{"origin":11000,"position":3},"title":"Pakistan&#8217;s overseas remittances exceed $2bn for 10th straight month","date":"April 12, 2021","format":false,"excerpt":"Remittances from Pakistani workers employed abroad exceeded $2 billion for the 10th consecutive month in March at $2.7 billion \u2014 up 43 per cent from a year earlier, the State Bank of Pakistan (SBP) said on Monday. 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The economic indicators were improving in the country due to the prudent policies of the government, he added. 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