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Finance minister dar rules out the financial emergency in pakistan

Dar reiterates govt’s commitment to complete IMF program
Finance Minister of Pakistan Ishaq Dar

Finance Minister Dar rules out the financial emergency in Pakistan

ISLAMABAD: Finance Minister Senator Muhammad Ishaq Dar ruled out the imposition of a financial emergency in the country.

Addressing a press conference in Islamabad today, Dar said that PTI leaders were deliberately spreading rumors to achieve their nefarious motives.

Dar says Government allocates Rs 118.4 billion for road safety
Ishaq Dar, the Finance Minister of Pakistan, at the closing ceremony of IPC on road safety.

Finance Minister also dispelled rumors about default and once again said that Pakistan will not default.

Dar blamed the PTI government for throwing the country on the brink of default. He claimed that the coalition government saved the country from default. 

Dar said, “My press conference today would be a reality check for Imran Khan.” Finance Minister angrily said that the PTI leaders were calling him out since the rupee value fell to a historic low of 285 on Thursday while February’s inflation hit nearly a 50-year high of 31.5%. 

On Thursday, former prime minister Imran Khan took to Twitter to censure the PDM-led government for slaughtering the rupee. Khan blamed former army chief General (retd) Qamar Javed Bajwa for regime change conspiracy.

“Rupee slaughtered — lost over 62% or 110/$ in 11 months of PDM. This has increased public debt alone Rs 14.3 [trillion and] historic 75 [year] high inflation 31.5%,” Khan tweeted.

Dar taunted: “I am unable to understate whether he (Khan) has a problem in his leg or brain.”

Finance Minister said that instead of protecting the national interest, Khan tried to sabotage the IMF deal. 

More to follow……..

Javed Mahmood
Written By

I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.

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