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Pakistan can manage financial crisis without IMF: Asad

Pakistan can manage financial crisis without IMF: Asad

Finance Minister Asad Umar says Pakistan can manage its financial crisis and improve the economy without approaching International Monetary Fund (IMF) for loan. Talking to a private news channel, he said the Saudi financial package for Pakistan is unconditional and on minimum interest rate of three percent. The Minister said there was a huge increase in country’s exports volume last…

Finance Minister Asad Umar says Pakistan can manage its financial crisis and improve the economy without approaching International Monetary Fund (IMF) for loan.

Talking to a private news channel, he said the Saudi financial package for Pakistan is unconditional and on minimum interest rate of three percent.

The Minister said there was a huge increase in country’s exports volume last month.

Responding to a question, he said the government would not increase prices of electricity and gas for low-income people.