Federal Minister for Finance, Senator Ishaq Dar said yesterday that talks will be held with Swiss authorities in August to bring back US$200 billion to Pakistan from banks in Switzerland.
In a statement issued here, he said talks would be held in several phases and it could take three to four years to bring back the said money to the country.
The Pakistan Muslim League-Nawaz (PML-N) senator said that economic situation was fragile when his party took charge of the affairs of the country.
Dar said international monetary institutions had predicted that the country would be bankrupt in 2014, but the PML-N government with good performance proved that Pakistan has a strong economy.
