New York: Federal Information Minister Attaullah Tarar has said that the IMF agreement will bring stability to the economy.
Federal Minister of Information Attaullah Tarar while holding a press conference said that inflation reaching single digit is a great achievement. Macroeconomic indicators are improving significantly. While overseas Pakistanis received record remittances.
He said that when we came, there were talks of default. And letters were written to the International Monetary Fund (IMF). While the letter writers to the IMF had their own will and desire. If a default occurs, the entire financial system collapses.
Atta Tarar said that economic indicators are improving due to reduction in interest rates. And the IMF agreement will stabilize the economy. The world has faith in the current leadership of Pakistan.
He said that he had meetings with the DIMF and the President of the World Bank. Stopping the smuggling of dollars stabilized the rupee while some people wanted Pakistan to default. However, flour has come down from Rs.120 to Rs.60 and petrol from Rs.300 to Rs.249. Working on privatization of national airline (PIA).
Talking about political parties, he said that no political party and leadership is bigger than Pakistan. But if someone says that not so and so, not Pakistan, it is not acceptable. When it comes to constructive criticism, we are here.
The Federal Minister said that the Prime Minister’s address to the Security Council will be important. He will raise the issue of Palestine and discuss Islamophobia. Bloomberg called the Pakistani stock market the best market in the world. And the Prime Minister has raised the issue of Israeli aggression on Lebanon.
He said that the cause of Palestine is the cause of Pakistan for which they will raise voice everywhere. We still stand by the commitment that the Quaid-i-Azam spoke for Palestine. And Mahmoud Abbas admitted that Pakistan gave Gazan students the opportunity to study.
Atta Tarar said that Pakistan has always said that there is no way out except cease fire. If there is terrorism against Pakistan from Afghanistan, we will discuss it.
