Earlier, addressing the conference, Dar said Pakistan needed about USD 34 billion to pay its obligations, including about USD 24 billion for paying off debts during the current year but he promised that he would meet the challenge. He rejected the fear of Pakistan failing to fulfil its international obligations, saying the threat of default was over and the country was well poised to discharge its responsibilities. "There is no need to panic as I have already said that we will meet our commitments," he said.
