• Download the Constitution of Pakistan
  • Advertise
Tuesday, July 22, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Business

Ishaq Dar rejects rumors about Pakistan’s possible default

by News Publishing
March 3, 2023
in Business
Reading Time: 1 min read
0
Pakistan capable to be included in 20 largest economies
Share on FacebookShare on TwitterLinkedinWhatsapp

Imran Khan, leader of the PTI, has refuted the notion that the nation is in default, according to Finance Minister Mohammad Ishaq Dar.

Speaking at a news conference on Thursday in Islamabad, he stated that while the country’s foreign exchange reserves presently stand at $9.2 billion, we intend to raise them to $16 billion by June of this year.

The Finance Minister said we all must join hands to steer the country out of the prevailing quagmire, put in due to the wrong policies of the previous government.

Ishaq Dar claimed that we took control of the government while the nation was on the brink of a man-made disaster. Every economic indicator, he claimed, points against Imran Khan, yet he still decries the current coalition government.

The Finance Minister revealed some economic data, stating that while the PML-N was in power from 2013 to 2018, the average GDP growth was 4.7 percent, whereas it was only 3.5 percent under the PTI administration.

He claimed that throughout the course of the last four years of the PTI’s leadership, foreign direct investment (FDI) decreased from 2.8 to 1.9 billion dollars while circular debt climbed from 4.1 to 7.9 percent.

Tags: DefaultImran KhanIshaq Darlatest
News Publishing

News Publishing

Related Posts

Pakistan, Russia sign Protocol to restore & modernize PSM

Pakistan, Russia sign Protocol to restore & modernize PSM

by News Publishing
July 11, 2025
0

Pakistan and Russia have signed a Protocol to restore and modernize Pakistan Steel Mills (PSM) in Karachi, reaffirming their long-standing...

PSX soars to new high of over 133,000 points in intraday trade

PSX soars to new high of over 133,000 points in intraday trade

by News Publishing
July 7, 2025
0

July 8, 2025: The Pakistan Stock Exchange (PSX) continued its remarkable upward trend on Monday, as the KSE-100 index surged...

Pakistan, Azerbaijan sign $2billion investment agreement

Pakistan, Azerbaijan sign $2billion investment agreement

by News Publishing
July 5, 2025
0

Pakistan and Azerbaijan have signed an agreement for investment worth two billion dollars in diverse sectors of Pakistan's economy. The...

Petrol price increased by Rs8.36 per litre for next fortnight

Petrol price increased by Rs8.36 per litre for next fortnight

by News Publishing
July 1, 2025
0

The Finance Division has announced a significant increase in fuel prices, citing volatility in global crude oil markets. Effective from...

Petrol increase

Petrol Prices Likely to Rise by Rs5/Litre from July 1

by Anum Arif
June 30, 2025
0

ISLAMABAD: Prices of petroleum products in Pakistan are likely to rise by up to Rs5 per litre starting Monday, July...

Govt Eyes $3.3 Billion in Foreign Loans From Chinese Banks

Govt Eyes $3.3 Billion in Foreign Loans From Chinese Banks

by News Publishing
June 24, 2025
0

The Government of Pakistan is working on securing two foreign loans totaling $3.3 billion from Chinese financial institutions, aimed at...

Next Post
Additional inflow of $500mn from China expected in few days, says Dar

Additional inflow of $500mn from China expected in few days, says Dar

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters