Miftah Ismael says Pakistan-IMF deal ‘imminent’

Says economy resurrected and now it’s being stabilised

By: News Desk
Published: 04:32 PM, 7 Jul, 2022
Miftah Ismael says Pakistan-IMF deal ‘imminent’
Caption: TV grab.
Stay tuned with 24 News HD Android App
Get it on Google Play

Finance Minister Miftah Ismael said on Thursday that the country was close to striking a deal with the International Monetary Fund (IMF), reported 24NewsHD TV channel.

Addressing a press conference in Islamabad, he said that the government gave relief to the poor in the budget presented on June 10, 2022 while levied taxes on the money class. “We have resurrected the country’s economy, and are now stabilizing it further. We are very much in-charge of the affairs,” he claimed.    

Asserting that increasing the prices of items of essential use was necessary, the minister said that soon the prices of ghee and cooking oil would come down by Rs150 per kilo in the country after their plunge in the international market. 

Similarly, he assured, people in Pakistan would be able to benefit from drop in petrol prices in the global market at an appropriate time. “The government is trying to ensure the sale of one kilo of flour at Rs70,” he announced.     

The finance minister did not forget to accuse the last government of Pakistan Tehreek-i-Insaf (PTI) of ‘corruption’ and ‘incompetence’. “Today, we are paying the price of the last government’s ‘incompetence’,” he added. 

Reporter: Awais Kiyani