AIRLINK 74.64 Decreased By ▼ -0.21 (-0.28%)
BOP 5.01 Increased By ▲ 0.03 (0.6%)
CNERGY 4.51 Increased By ▲ 0.02 (0.45%)
DFML 42.44 Increased By ▲ 2.44 (6.1%)
DGKC 87.02 Increased By ▲ 0.67 (0.78%)
FCCL 21.58 Increased By ▲ 0.22 (1.03%)
FFBL 33.54 Decreased By ▼ -0.31 (-0.92%)
FFL 9.66 Decreased By ▼ -0.06 (-0.62%)
GGL 10.43 Decreased By ▼ -0.02 (-0.19%)
HBL 114.29 Increased By ▲ 1.55 (1.37%)
HUBC 139.94 Increased By ▲ 2.50 (1.82%)
HUMNL 12.25 Increased By ▲ 0.83 (7.27%)
KEL 5.21 Decreased By ▼ -0.07 (-1.33%)
KOSM 4.50 Decreased By ▼ -0.13 (-2.81%)
MLCF 38.09 Increased By ▲ 0.29 (0.77%)
OGDC 139.16 Decreased By ▼ -0.34 (-0.24%)
PAEL 25.87 Increased By ▲ 0.26 (1.02%)
PIAA 22.20 Increased By ▲ 1.52 (7.35%)
PIBTL 6.80 No Change ▼ 0.00 (0%)
PPL 123.58 Increased By ▲ 1.38 (1.13%)
PRL 26.81 Increased By ▲ 0.23 (0.87%)
PTC 14.01 Decreased By ▼ -0.04 (-0.28%)
SEARL 58.53 Decreased By ▼ -0.45 (-0.76%)
SNGP 68.01 Decreased By ▼ -0.94 (-1.36%)
SSGC 10.47 Increased By ▲ 0.17 (1.65%)
TELE 8.39 Increased By ▲ 0.01 (0.12%)
TPLP 11.05 Decreased By ▼ -0.01 (-0.09%)
TRG 63.21 Decreased By ▼ -0.98 (-1.53%)
UNITY 26.59 Increased By ▲ 0.04 (0.15%)
WTL 1.42 Decreased By ▼ -0.03 (-2.07%)
BR100 7,943 Increased By 105.5 (1.35%)
BR30 25,639 Increased By 187.1 (0.73%)
KSE100 75,983 Increased By 868.6 (1.16%)
KSE30 24,445 Increased By 330.8 (1.37%)

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Hammad Azhar on Wednesday blasted Finance Minister Ishaq Dar for “presenting wrong statistics with regard to sinking economy in a failed attempt to hide his economic failures”.

Speaking at a presser, Finance Minister Ishaq Dar had rejected the white paper issued by the PTI a day ago, in which the former ruling party painted a bleak picture of the country’s economy.

Reacting to the presser by Dar, Azhar, who is also a former finance minister, said the “so-called economic czar of Pakistan Democratic Movement (PDM)’s coalition government is yet to come out of his sole expertise which is figure fudging”.

He said that “figure fudging master Ishaq Dar” had staged a comeback to fudge the figures as he did before, and today he once again made a failed attempt to befool the nation and the world despite the fact the economy of the country is at the brink of collapse.

Imports: Dar rejects ‘flood levy’ proposal

Azhar reiterated that “the whole world knows that the PDM has brought the country to the brink of complete economic collapse, which is reflective in the closure of industry and skyrocketing inflation.”

“I would like to ask Dar just to reflect upon the closure of the industry, the record inflation in the country and so on and so forth if the economy under his leadership is on the right track. And, why the international organizations are downplaying our economic condition if all is well,” he questioned.

He said that foreign exchange reserves of the country held by the State bank of Pakistan (SBP) fell to $6.7 billion as of December, but the finance minister is bent upon misleading the nation. He said that the economy of the country needs to be taken seriously and the mere acting, the finance minister is doing, is no solution to the problems.

Copyright Business Recorder, 2023

Comments

Comments are closed.