Pakistan receives $1 billion extra in last three months
Shares
ISLAMABAD - Making a policy statement in the National Assembly today about talks with the IMF mission, Finance Minister Asad Umar said we are not in a hurry for the IMF package as alternative arrangements have been made to address immediate economic needs of the country.
He said we will not make any decision which adds to the difficulties of the people.
The Finance Minister said that Pakistan has already signed an economic assistance package with Saudi Arabia while talks with other friendly countries are underway. He said that we have to take steps to reduce trade, current account and budget deficits.
Asad Umar said that 15.50 percent increase has been witnessed in the remittances over the last three months. He said the overseas Pakistan have sent additional one billion dollars to Pakistan during this period.
About the prices of petroleum, the Finance Minister said we have substantially reduced taxes on the diesel.
Asad Umar urged the opposition not to do politics on China Pakistan Economic Corridor as it will not augur well for the country.
