Things are progressing well with the IMF, we have taken all the necessary steps, Finance Minister (Photo File)
Islamabad: Federal Finance Minister Ishaq Dar has said that the problems of letter of credit are being solved, solving the problems of the industrial sector is one of the top priorities of the government. .
The Federal Finance Minister expressed these views while addressing a function organized under the auspices of Islamabad Industrial Association. In his address, the finance minister said that Prime Minister Shehbaz Sharif is working hard for the country, if we all work together then Pakistan will take off.
He said that the government cannot do anything alone, the business community is the backbone of the economy, the development of the industrial sector and solving the problems is a priority. The federal minister said that during the previous era of PML-N, the country was developing rapidly, Pakistan was going to join the list of G-20 countries, while during the PTI era, the economy was downgraded from 24th to 47th.
Ishaq Dar said that now we have to leave these things and move forward. The finance minister said that the rate of inflation was 2 percent in the previous era of PML-G, the country was developing, I don’t know who noticed it, Allah Almighty has to protect Pakistan, threats of sanctions were given to prevent nuclear explosions.
Federal Minister for Finance and Revenue Senator Muhammad Ishaq Dar further said that the country is currently facing economic challenges, but I believe that the government, the industrial sector and the business community can put the country on the path of economic growth and development. Policy should be made with sincerity and good intention.
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The Finance Minister said that there is potential in Pakistan and God willing, we have put the economy on the path of stability, even after the 1998 nuclear explosions, we were facing a difficult situation, but even then we had come out of a difficult period.
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The finance minister said that the letter of credit issues are being resolved and progress has been made.
In his address, Ishaq added that things are progressing well with the IF, Pakistan has taken all the necessary steps, but we have to stand on our own feet. He said that our effort is to increase the foreign exchange reserves to 12 billion dollars by June. Current accounts and trade deficit have come down significantly.
Ishaq Darne said that I had said that I would pay the bond on time, he did it, he did not delay in paying the loan even a day in 5 months.
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