Finance Minister Senator Ishaq Dar says "we are now waiting for the confirmation of $1 billion loan from one friendly country". Dar addressed the nation to give his stance on the decision to cancel a trip to the United States, which The Express Tribune had reported on Friday. Dar said that despite the worst of the liquidity crisis, the country did not delay its global sovereign payments of $11 billion. Dar also acknowledged that the IMF had questioned the government’s decision to give petrol subsidy, saying that he has answers to all the questions. Dar once again blamed the IMF for the delay in starting the programme review talks.


Source:   The Nation
April 09, 2023 05:52 UTC