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Finance Minister in waiting Asad Umer responds to news of approaching IMF

Finance Minister in waiting Asad Umer responds to news of approaching IMF

ISLAMABAD – Pakistan Tehreek-e-Insaf (PTI) leader and financeminister-in-waiting Asad Umar has responded over the news of approachingIMF for overcoming financial crisis in the country.

He on Sunday overtly dismissed rumors that he had stated there was no otheroption left for Pakistan apart from consulting International Monetary Fund(IMF).

He took to popular micro-blogging website Twitter and stated, “I believethere was a segment on Geo yesterday in which it was claimed that I hadsaid there was no option except going to IMF! Absolutely false news. I hadsaid no option including IMF is ruled out. I have said the same thing manytimes before and after elections”.

Air was thick with rumors that Asad had hinted at approaching IMF for apossible bailout package worth USD 10 billion.