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The auction of 3G licenses in Pakistan can attract more than one billion dollar as against a minimum target of $850 million, resulting positive impacts on economy mainly to contain a widening fiscal deficit of the country, said Yaseen Anwar Governor State Bank of Pakistan.
- He said the government’s projected privatization proceeds of $800 million of Pakistan Telecommunication Limited (PTCL) will add handsome financial inflows to the state kitty along with different sources such as issuance of $500 million “euro bonds” and $800 million from Coalition Support Funds.