Quarterly Review Video.
Fitch International asked Pakistan’s Finance Ministry policy the following questions regarding China potentially bailing out Pakistan in a situation:
What is the estimate for economic growth in FY 2021 and forecast for FY 22?
How will the most recent wave of the Coronavirus impact growth outlook?
What do you view as the biggest non-Coronavirus risks to the growth outlook?
What is your outlook for the current account deficit?
What is driving the strong acceleration in import growth and does this pose potential risk for external finances?
What led to the sharp rise in remittances despite global pandemic shock?
Do you expect the high level of remittances to be sustained?
What is the budget estimate for FY 21?
How much is the virus resurgence likely to dampen revenue?
What is the government’s current medium-term fiscal strategy?
How is the current sixth review of the IMF program progressing?
Are there any potential areas of disagreement with the Fund?
What are the prospects for the State Bank of Pakistan (SBP) and Nepra Acts being passed through parliament?
China has been a key source of bilateral financing, particularly as Saudi Arabia did not roll over its deposits at the SBP. What role do you expect China to play going forward?
What is the outline of external debt servicing amortization and interest payments over the coming years?
Do you plan to tap international markets again this year? Any prospects for issuing of Panda bond or Sukuks?
How much do you estimate will be the savings for Pakistan over the final 6 months of Debt Service Suspension Initiative (DSSI)?
Has Pakistan considered joining the G-20’s Common Framework?
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