i NEWS PAKISTAN

No need to freak-out if the debt has raised to $150bn, says DarBreaking

August 01, 2024

Deputy Prime Minister Ishaq Dar said that there was no need to worry as Pakistan was on its way to financial stability. Ishaq Dar while addressing a gathering on Thursday said that there was a strong need to curb negative behaviors from the society. He said that the potential to accelerate the economy existed in Pakistan and all it needed was to remove the barriers stopping Pakistan from financial stability. He also warned that elements are present in and outside Pakistan who want Pakistan to end up as a default state. “On the other hand the government was working on a single agenda and that was to save Pakistan from bankruptcy,” he said. Dar reiterated that we are strongly facing all the challenges. Even with limited resources the government was working continuously on developmental projects, Dar said. The Foreign Minister claimed that the inflation rate had reduced from 30 percent to 10 percent. “We fought bravely for 15 months to save Pakistan from bankruptcy and we succeeded, there was no need to worry even when Pakistan’s foreign debt had raised to 130 billion dollars.” Ishaq Dar said

Credit: Independent News Pakistan