Pakistan wants to demand Rs 9.21 billion to Bangladesh

Staff Correspondent | Published at 03:25pm on November 15, 2016

Pakistan government has decided to demand its reported ‘outstanding amount’ from Bangladesh.

Pakistani newspaper Express Tribune report said, ‘Bangladesh as East Pakistan owed Pakistan 9.21 billion rupees by June 30, 2016 in respect of transactions between government offices, loans, advances and papers.’

The State Bank of Pakistan, country’s central bank, has written to all commercial banks and development finance institutions, asking for details of accounts of assets and other dues receivable from Bangladesh to compile a final assessment of ‘amount due to Bangladesh’.

A circular issued by the State Bank of Pakistan to the heads of banks and financial institutions advised them to provide complete details of the dues that are outstanding against the government or central bank of Bangladesh in terms of land, building, furniture and fixtures, office equipment and vehicles, government securities, papers, loans, advances and investment.

They were also asked to provide details of any write-offs they made in respect of assets or dues.