ISLAMABAD – Finance Minister Asad Umer said Pakistan has received theresponse of its letter written to the FATF in which it had expressedconcerns over the presence of India in the Asia Pacific Group.
He said we are not fully satisfied with the FATF response but it is forIndia to itself withdraw from the group.
He noted that the presence of a partial referee will not ensure animpartial evaluation.
Finance Minister Asad Umer has dispelled the impression that petroleumprices have been increased to meet the requirements of the InternationalMonetary Fund.
Talking to media persons in Islamabad today, he said the regulatoryauthority had proposed an increase of over eleven rupees in the petroleumprices but we raised them by six rupees per liter.
Finance Minister said there are no fundamental differences between Pakistanand the IMF on the financial package and both sides are close to reachingthe agreement.
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Responding to a question, Asad Umer said the government has introducedstructural reforms in the FBR and only in the month of March our taxrefunds were eight times more than the previous regime.
He said the country has received all the three billion dollars from SaudiArabia, two billion dollars out of three billion dollars from the UAE and2.1 billion dollars from China.
About Chinese investment, he said progress has been made on the upgradationof ML-1 from Karachi to Peshawar and work on other Chinese projects willalso be started on time.
