AIRLINK 62.48 Increased By ▲ 2.05 (3.39%)
BOP 5.36 Increased By ▲ 0.01 (0.19%)
CNERGY 4.58 Decreased By ▼ -0.02 (-0.43%)
DFML 15.50 Increased By ▲ 0.66 (4.45%)
DGKC 66.40 Increased By ▲ 1.60 (2.47%)
FCCL 17.59 Increased By ▲ 0.73 (4.33%)
FFBL 27.70 Increased By ▲ 2.95 (11.92%)
FFL 9.27 Increased By ▲ 0.21 (2.32%)
GGL 10.06 Increased By ▲ 0.10 (1%)
HBL 105.70 Increased By ▲ 1.49 (1.43%)
HUBC 122.30 Increased By ▲ 4.78 (4.07%)
HUMNL 6.60 Increased By ▲ 0.06 (0.92%)
KEL 4.50 Decreased By ▼ -0.05 (-1.1%)
KOSM 4.48 Decreased By ▼ -0.09 (-1.97%)
MLCF 36.20 Increased By ▲ 0.79 (2.23%)
OGDC 122.92 Increased By ▲ 0.53 (0.43%)
PAEL 23.00 Increased By ▲ 1.09 (4.97%)
PIAA 29.34 Increased By ▲ 2.05 (7.51%)
PIBTL 5.80 Decreased By ▼ -0.14 (-2.36%)
PPL 107.50 Increased By ▲ 0.13 (0.12%)
PRL 27.25 Increased By ▲ 0.74 (2.79%)
PTC 18.07 Increased By ▲ 1.97 (12.24%)
SEARL 53.00 Decreased By ▼ -0.63 (-1.17%)
SNGP 63.21 Increased By ▲ 2.01 (3.28%)
SSGC 10.80 Increased By ▲ 0.05 (0.47%)
TELE 9.20 Increased By ▲ 0.71 (8.36%)
TPLP 11.44 Increased By ▲ 0.86 (8.13%)
TRG 70.86 Increased By ▲ 0.95 (1.36%)
UNITY 23.62 Increased By ▲ 0.11 (0.47%)
WTL 1.28 No Change ▼ 0.00 (0%)
BR100 6,941 Increased By 63.6 (0.92%)
BR30 22,802 Increased By 233 (1.03%)
KSE100 67,142 Increased By 594.3 (0.89%)
KSE30 22,090 Increased By 175.1 (0.8%)

LAHORE: Prime Minister Muhammad Shehbaz Sharif said on Saturday the dollar’s value against the Pakistani rupee is now declining gradually due to Finance Minister Ishaq Dar’s prudent economic policies.

Talking to the media here Saturday, the premier said all resources will be utilized for the welfare of people and the development of the country.

The PM said the PML-N and allied parties came into power through a constitutional process to save the national economy and country from bankruptcy.

He said, “When we came into the government, we were at the brink of default. But we prevented that.”

Talking about Imran Khan’s latest audio leak, the premier said these vindicate that the PTI Chairman was busy in horse trading. Terming PTI Chairman as a liar, Shehbaz said Imran Khan should be held accountable for his baseless propaganda regarding cipher, as well as, Panama Papers. “He (Imran) has admitted that he bought five votes, lied all the time, damaged Pakistan’s relations with the United States and also harmed the country’s image abroad,” he said, adding: “I have proved through facts that you (Imran) are a fraud and liar; who conspired against the nation and the audios that have surfaced have shown your drama and lies.”

Rupee to come below 200: Dar

He also lambasted Imran for “lying day and night and bringing disrepute to Pakistan”. He said, “The way our relations with the US were destroyed, we are now making efforts to mend relations. I have never ever seen a bigger conspiracy against Pakistan and he (Imran) is an example of the worst kind of mindset in the world.”

He further said every citizen should respect the law, NAB summoned PML-N Quaid, Nawaz Sharif several times and he also attended court hearings but never asked for a NRO.

The premier also said that calling Maryam Nawaz’s acquittal in Avenfield reference an NRO by the PTI is a condemnable act.

Copyright Business Recorder, 2022

Comments

Comments are closed.

Fazeel Siddiqui Oct 09, 2022 04:24pm
Give loss to Overseas Pakistanis, forcefully convert their FX remittance at unfair low rate and show that PKR is under control, call it subsidized import economy = Darknomics. SBP as Dar's bank will buy at cheap rate and will sell it on cheap rates for profiteering of Importers. Overseas Pakistanis didn't get value of their FX remittances and born loss of $25 billion dollars in last tenure of PML-N. OP's should hold their FX currency cash and don't let Dar's associates to money lauder the cheaply purchased USD.
thumb_up Recommended (0)