ISLAMABAD – PTI Central Leader and Finance Minister-in-waiting, Asad Umarhas said their incoming government would introduce fundamental reforms forputting the economy on right track.

In his first formal interaction with economic reporters in Islamabad, AsadUmar said the decision to go for any bailout package would be taken afteranalyzing the official economic data, which is not accessible to them asyet.

He said many options are available to the government to plug the economy’swidening current account gap.

These include commercial borrowing, taking bilateral loans from countriesor going to IMF. However, the decision would be made after analyzing thedata.

Asad Umer said the government would evaluate all options in parallel andeventually take decision. He said that the country is facing 2 billiondollar current account deficit monthly for the last three months whichearlier was the deficit of whole year. He said economy could bestrengthened by attracting investments from overseas Pakistanis.

The PTI leader said the government would have an opportunity to launch bondor Sukuk by making an investment instrument for overseas Pakistanis toreduce risk.

He said the PTI government will reduce reliance on indirect taxes whichhave been putting burden on common people and would increase taxationbesides making businesses and agriculture sectors competitive.

He said new government would introduce reforms in FBR by separating the taxand administration set-ups.