"Almost 90 per cent of the pledges made by the international community at the donors' conference in Geneva for flood-hit Pakistan were project loans that will be rolled out over the next three years," said Pakistan Finance Minister Ishaq Dar.
Amid depleting foreign reserves, currency exchange firms of Pakistan on Saturday offered to pay for resuming the letter of credit facility (LC) for supporting imports as banks step back due to Pakistan's ongoing economic crisis, according to a Geo News report.
An International Monetary Fund (IMF) delegation will meet Pakistan Finance Minister Ishaq Dar on the sidelines of the upcoming Geneva conference on Climate Resilient Pakistan on January 9. The IMF delegation will discuss outstanding issues with Dar, an IMF spokesperson said on Sunday, Pakist
Despite acknowledging that there were problems with the economy, Pakistan's Finance Minister Ishaq Dar assured investors that "there is no way Pakistan is going to default."
Ishaq Dar stressed that Pakistan was on the verge of default in 2013. However, their government was able to move the country out of the crisis by using "good economic steps."
Assuring a "logical conclusion" for the report related to the leak of Army chief General Qamar Javed Bajwa's income tax records, Finance Minister Ishaq Dar shared that people behind the leak have been identified.
Finance Minister Ishaq Dar Monday ordered a probe into the 'illegal, unwarranted' leak of Chief of Army Staff General (COAS) Qamar Javed Bajwa's family tax records.
Dar offered dialogue to resolve political issues, the sources said. Meanwhile, the Pakistan President, a member of PTI, told him his message would be conveyed to the party leadership which has shown a willingness to hold talks.
Islamabad [Pakistan], October 20 (ANI): Pakistani Prime Minister Shehbaz Sharif continues to face global embarrassment over appointing Ishaq Dar as the country's Finance Minister as the Minister had fled Pakistan after an anti-corruption court in Pakistan indicted him in the Panama Papers ca