PML N government announces to follow yet another policy decision taken by PTI government
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*Finance Minister Miftah Ismail said on Wednesday that the government will not take any action which may impact the State Bank of Pakistan's (SBP) independence.*
Talking to reporters in Karachi, the minister said that the government is focused on reviving the country's economy. "Previous government destroyed the economy," he said, adding: "We are going to fix it and everyone will see the difference in the coming months."
He said the previous government did not tell the people about the agreements it made with the International Monetary Fund (IMF).
"They had vowed to eliminate the loss of Rs30 in petrol prices, place a levy of Rs30 and a sales tax of 17pc, increasing [the price] by approximately Rs90. This also Shehbaz Sharif has resisted and will continue to do so."
The minister said that the government had decided against granting Dr Reza Baqir an extension following the completion of his three-year term as governor of SBP.
