ISLAMABAD: Finance Minister Asad Umar on Monday said that the economic turmoil will soon be over, asserting that the talks with the International Monetary Fund (IMF) for the country’s “last bailout package” are in final stages. While addressing the ‘Medium Term Economic Framework’ here, Asad Umar indicated that the government was all set to complete the agreement with IMF as the talks have reached its final stages. “I will assure you that next finance minister will not crying over the balance of payment issue when he will resume office in 2023,” the minister claimed. Talking about the current state of economy, the minister said, “The crisis is over. “In order to end the practice [of artificially maintaining the exchange rate], economic fundamentals need to be strengthened,” he explained.

Source: Pakistan Today April 08, 2019 19:22 UTC