The Ministry of Finance Tuesday refuted the rumours of imposing an economicemergency, stating that there is no plan to execute any emergency and thesole purpose of this message is to create an uncertain situation about theeconomy in the country.
The Finance Ministry stated that only the people who don’t want to seePakistan prosperous and flourishing. Spreading such rumours in aneconomically difficult time is against the national interests and verydamaging to the stability and peace in the nation.
Comparing the Pakistani economy with that of Sri Lanka is veryinappropriate. The International Monetary Fund (IMF) program is in itsadvanced stages and the government is motivated to pay off all the externaldebts. The government has also struggled to get the IMF program back ontrack and the pressure on and because of the external accounts is alsolikely to decrease in the near future.
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With the approval of the federal cabinet, the government has taken severalausterity measures in these difficult economic times and energyconservation is also being looked upon with the main objective of reducingthe import bill.
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Such discussions will continue in the federal cabinet about the economicsof Pakistan and all decisions will be taken in consultation with allstakeholders and in the best interests of the nation, said the financeministry.
The federal ministry of finance concluded the statement saying that theeconomic situation of the country is now moving towards stability.
