Finance Minister Miftah Ismail on Thursday said the government was aware of the financial hardship faced by the people due to record inflation as he defended the need to make “difficult decisions” to stabilize the economy. In a press conference alongside Information Minister Marriyum Aurangzeb, the finance minister claimed that the government would be able to control the economic situation within three months. He added that former prime minister Imran Khan violated the agreement with the International Monetary Fund (IMF), which resulted in the country's current economic difficulties. During the press conference, Miftah also lashed out at Imran Khan for leaving the country on the “brink of bankruptcy”. He added Imran left a deficit of $120 billion.

Source: The Express Tribune June 23, 2022 21:26 UTC