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Print Print edition: 2023-03-27

Dar looks with hopeful eyes to country’s friends

  • Pakistan will not default and the government is making all possible efforts to steer it out of a difficult situation, he says
Published March 27, 2023 Updated March 27, 2023 11:32am

ISLAMABAD: Finance Minister Ishaq Dar has said that the government is making all-out efforts to steer the economy of the difficult situation in order to put it on the path of sustainable economic growth.

According to a press release, addressing as chief guest at an Iftar dinner hosted by the Islamabad Chamber of Commerce and Industry (ICCI) in the honour of foreign diplomats, Dar said “friendly” countries were expected to materialise their commitments with Pakistan that would pave the way to close the deal with the International Monetary Fund (IMF) and revive the economy.

Friendly delay ‘last hurdle’ to IMF bailout

He said that in 2016, Pakistan was a rising economy as it was expected to become the world’s 18th-strongest economy, but was now facing serious economic challenges.

He said that Pakistan would not default and the government was making all possible efforts to steer it out of a difficult situation in order to put it on the path of sustainable economic growth.

Copyright Business Recorder, 2023

Comments

Comments are closed for this article.

Az_Iz Mar 27, 2023 07:39am
Dar is incompetent and part of the problem.
0
Martin J Mar 27, 2023 09:19am
There is an element of once bitten, twice shy with friends, who will shy away from helping the Crooks & Corrupt Inc! The message from IMF and Friends is loud and clear; first establish political stability viz a viz elections, money will be released and economic stability will follow. Get it!
0
Ch K A Nye Mar 27, 2023 09:27am
Exactly what commitments have these friendly countries made?
0
Trump Mar 27, 2023 09:58am
Commitments! Hog wash!
0
Iftar Mar 27, 2023 10:02am
Why would anyone want to invite him to Iftar, that too the ICCI? Highly doubt his fasting counts for anything given the amount of lying, cheating and stealing he does every minute...can't wait to see him fall "ill" and leave the country
0
Qasim Mar 27, 2023 10:11am
@Martin J, well btw what IMF got to do with elections? If political stability was required than why IMF was putting PDL and tax on petrol prices which led this disaster…I hope you are not a routine PTI funded propagandist..
0
kashif Mar 27, 2023 11:16am
no one will give or should give money to Pakistan if there is no stability. opposition workers are put in jail on bogus charges. Court order are being ignored. Delaying of elections using lies of " security situation"
0
Trump Mar 27, 2023 12:11pm
@Qasim, Looks like a sponsored comment!
0
A. Tahir Mar 27, 2023 12:16pm
@Az_Iz, Dar is a con artist par excellence!
0
A. Tahir Mar 27, 2023 12:17pm
@Qasim, Looks like a Rs 30k comment...
0
Mohsin Mar 27, 2023 12:30pm
@Qasim, Indeed, little knowledge is dangerous.
0
Pakistani1 Mar 27, 2023 12:33pm
Normally when Finance Minsters make positive movements. Unfortunately market move in opposite directions after Mr. Dars statements. About time that his bossed put him and the countrys finances out of misery and bring back Mitah or any other qualifies FM.
0
Truthisbitter813 Mar 27, 2023 12:53pm
@Qasim, bravo! you sir successfully found the den of PTI trolls here.
0
Mohsin Mar 27, 2023 01:09pm
What morons have wrought...Poor people are dying in long lines trying to get cheap flour!
0
Arshad Mar 27, 2023 01:15pm
No Sir, You are NOT Wellcomed anywhere in the world.
0
Tariq hanifAgga Mar 27, 2023 01:24pm
Hope fully the country will come out of the economic crisis and inshallah will not default.
0
Mohsin Mar 27, 2023 01:32pm
@Truthisbitter813, Her comes another sponsored comment.
0
John Mar 27, 2023 01:48pm
@Az_Iz, There is no hope in Dar's eyes.
0
John Mar 27, 2023 01:49pm
@Tariq hanifAgga, But where is the plan...the strategy...the resources...to prevent default!
0
Dr fahad Mar 27, 2023 02:11pm
@Az_Iz, liar Imran Khan derailed the IMF deal with his dishonesty
0
MKA Mar 27, 2023 02:18pm
Are they friends any more.
0
MKA Mar 27, 2023 02:20pm
@kashif , youthia
0
MKA Mar 27, 2023 02:21pm
@Pakistani1, Miftah soldout,
0
Mubashir Munir Mar 27, 2023 03:03pm
Why not declare yourself at default and stop payments
0