Country’s economy in right direction, Dar informs President

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news desk
ISLAMABAD
Finance Minister Ishaq Dar has called on President Mamnoon Hussain at the Aiwan e Sadar on Saturday. The minister apprised the president about the economic situation in the country, saying that all key economic indicators were positive and moving in the right direction.
He said that with concerted efforts and through a comprehensive economic reforms process, the country was able to attain macroeconomic stability.
He said now the government was fully focused on measures aimed at sustainable and inclusive economic growth. The minister also shared with the president the recent developments with regard to legislation on military courts and the government’s efforts to achieve consensus on the issue.
Meanwhile, talking to a private TV channel, Dar said future of the country was re-shaping as revolutionary measures had been taken by the government to bring economic development.
He said when Pakistan Muslim League-Nawaz (PML-N) government came into power in 2013, the country’s economy was almost declared bankrupt but with the efforts of the government, the economic situation was entirely different today.
As a result of concrete steps taken by the government, the national economy was flourishing and growing with positive indicators, he said. He said the international community was now acknowledging economic growth in the country and Pakistan was being ranked among fast-growing nations.
The minister said PML-N government had been doing sincere efforts to revise its agreement with Swiss authorities to get information access to accounts of Pakistanis at their banks. He said significant development had been made in that connection after holding negotiations with the authorities, and the government would sign a revised agreement on March 21.
Ishaq Dar said that Swiss authorities had presented a number of terms and conditions for the revised agreement, but the government succeeded in doing so unconditionally. He said a new agreement would enable the government of Pakistan to get information about the accounts opened in Swiss banks.
To a question, the minister said that Panama Papers case was sub-judice and decision on it was expected in coming days. He said name of Prime Minister Muhammad Nawaz Sharif was not mentioned anywhere in Panama Papers.