The Federal Minister for Finance, Ishaq Dar has said that Pakistan is heading in the right direction and it will not default despite fake speculations by the opposition.
According to the media reports, the Finance Minister made these remarks while addressing a ceremony in Islamabad on Wednesday. He urged political parties to show some serious attitude and should not play with the country’s economy for petty political gains.
On the occasion, Ishaq Dar said that the Stock Exchange and Securities and Exchange Commission of Pakistan are of great significance in improving the country’s economy; therefore, we are focused to improve their functioning. He said the inputs of business community will be acknowledged for this purpose.
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The Finance Minister further stated that the restraints on imports are aimed at saving the economy. He said we have not banned imports but prioritized import items under different categories so the essential items can be imported on a priority basis. He said essential items including medicine and edible oil have been put in category one, energy imports in category two, imports for the export-oriented industry in category three while imports for the agricultural industry in category four.
“We should learn from the mistakes of the past and work together for the development of the country.
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