ISLAMABAD: Federal Minister for Finance, Ishaq Dar on Friday vowed that steps were being taken for bringing economic stability in the country as PML-N led government was committed to ensuring transparency and good governance.
An aggressive plan had been devised for 25 percent increase in revenue collection in the country, he added, saying that government was working to bring people in tax-net.
He said that government was also taking steps for GDP growth in the country.
Talking about Qatar-Pakistan LNG gas agreement, Dar said that government had not fixed long term prices of LNG gas, adding that the prices would be variable with international market mechanism. The proper process for establishing LNG terminal in Pakistan also had been lunched, he added.
He said that the agreement would be helpful to reduce shortage of gas in Pakistan as domestic and industrial consumers were facing this problem.
Talking to a private TV channel, he said that IMF had agreed to pay loan of 6.5 billion dollars to Pakistan. The government had to pay three billion dollars to IMP as the installments of loans that were taken during previous regime, he said.
To a question, he said that the payment of remaining circular debt would be ensured in coming weeks.
He hoped that exchange value of Pakistani rupee would be stable in coming month as it was reduced due to the payment of heavy amount of circular debt.
Comments
Comments are closed for this article.