Reacting to Imran Khan’s claim that Pakistan’s default risk soared from 5% to 80% during the tenure of the incumbent coalition government, the finance minister said that the PTI leaders should think that whether they were working in or against the interests of the country.
The finance czar berated the former PTI government for borrowing historic loans and ruining the economy ahead of the COVID-19 outbreak. He reiterated that Pakistan will not default and would repay loans on time.
“They must stop the dirty politics,” he added.
The coalition government was taking measures to repay the loans, he said, adding that they were engaged with friendly countries besides multilateral donors such as World Bank, IMF, Asian Development Bank and Asian Infrastructure Investment Bank.
Dar maintained that due to Imran Khan and other PTI leaders’ speeches, the multilateral donors seek queries from the government.
‘Dollar’s real value should be around Rs190’
Ishaq Dar claimed that the real value of US dollar should be around Rs190. Long march, political instability, negative statements and lack of confidence were the major reason behind the high rates of the US dollar.
He maintained that the opposition should not make point-scoring on the economy. Responding to a question on petroleum prices, the minister said that the government would pass on the benefit of reduced fuel prices to the masses.
