ISLAMABAD – Minister for Finance Dr Miftah Ismail Saturday said thegovernment had no intention to get any bailout package from InternationalMonetary Fund (IMF) as it believed that economic measures taken during thelast five years would take the country to strong financial position.

Addressing the post budget press conference flanked by adviser to PM onRevenue Haroon Akhtar Khan, Chairman Federal Board of Revenue Tariq Pashaand Secretary Finance Arif Khan, he said the government had no intention toget any bailout package from IMF as effective economic strategy had beenput in place to improve national economy.

“We have no intention to go for bailout package from the IMF. Efforts arebeing made to avoid the bailout out package,” he said in reply to aquestion.The minister expressed confidence that foreign exchange reserves wouldfurther improve in the coming days due to prudent policies introduced bythe government.

To improve the current account deficit, Adviser to PM on Revenue HaroonAkhtar said, the government had given an export package in its earlierbudget plan that greatly helped in “triggering” the country’s exports. “Ifthe exports continued with the same pace, we will have no need to go toanyone for financial assistance. So, there is no need to get panicked.” -APP