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Improving Exchange Rate is my First Priority, Says FM Ishaq Dar

Ishaq Dar, the minister of finance, stated that he prioritised improving the currency rate above all other concerns.

Ishaq Dar was speaking to reporters after appearing before an accountability court in this city today.  “Zubair Umar and Miftah Ismail did their best. The dirt of four years could not be cleaned in six months,”    Pakistan’s new finance minister stated.

“Pakistan has been saved from bankruptcy, we will further improve it,”  Dar said. “Give me a few days, I can’t say anything about fuel prices right now,” he added.

“Rupee was stable at 104.5 per dollar in 2018 during the PML-N government, our growth rate was 6.3 percent at that time”. “Inflation and price hike is the result of damage to Pakistani rupee. This damage to the currency in around four years could not be reversed in six months,”  Finance Minister said.

He continued, “As a nation, we have so many challenges,” 

He further added We were going to become 18th largest economy of the world, but now becoming 54th economy,” he lamented. “We have lost the past 3 years and nine months,”

In connection with the NAB’s assets referral against him, Ishaq Dar previously appeared before an accountability court.

Written By

Pavan Manzoor is an experienced content writer , editor and social media handler along with a track record of youth-oriented activities in Pakistan and abroad. She was selected as a fully-funded delegate as a leadership fellow in Turkey. She also led a team of 5 volunteers at the week-long Young Professionals Fellowship in Maldives. She is also a member of the Youth Standing Committee on Higher Education.

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