ISLAMABAD - Pakistan's forex reserves will rise to more than $12 billion after it receives some $2.4 billion from China in the next two to three days, Finance Minister Miftah Ismail said on Thursday

Speaking at the launch of the annual Economic Survey report, Ismail also said that Pakistani exports rose 28% and imports increased 48% in the current financial year 2021-22 compared with last year, and the trade deficit stood at $45 billion.

(Reporting by Asif Shahzad, Editing by Gareth Jones)