Devalued rupee, hiked power, gas tariff even before IMF’s conditions: Asad Umar - News Summed Up

Devalued rupee, hiked power, gas tariff even before IMF’s conditions: Asad Umar


The finance minister said when the current government came into power, it was a well-known fact that Pakistan needed some kind of bailout. Therefore, the government had to go around to the friendly countries to seek some kind of immediate assistance to support the reeling economy, he added. To another question, Asad Umar said people of Balochistan were patriotic Pakistanis but there were some sponsored activities of terrorists who were trained and funded from outside of the country. ‘Rupee could easily settle at 150 in next six months’“There are concerted efforts led by India to damage CPEC. “The revenue generation aspect is absolutely central to be able to deal with the horrendous challenge that we have.


Source: The Express Tribune December 12, 2018 16:05 UTC



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