Islamabad, The Pakistan Government has announced its strategy to raise PKR 2.47 trillion through Treasury bill (T-bill) auctions from April to June 2024. This financial maneuver is part of a broader effort to enhance the country's fiscal reserves and surpass the maturing debt amount of PKR 2.123 trillion.

According to Zameen.Com, the funding initiative, detailed in the State Bank of Pakistan’s auction calendar, is structured around seven Market Treasury Bill (MTB) auctions scheduled for the last quarter of the fiscal year. The government plans to raise PKR 1.05 trillion in April, followed by PKR 600 billion in May, and PKR 825 billion in June. The auctions are set to include T-bills with 3-month, 6-month, and 12-month terms, aiming to collect an equal amount of PKR 825 billion across each duration.

This strategy underscores the government's proactive approach to managing the nation's finances and maintaining economic stability amid varying fiscal challenges.