Finance Minister Ishaq Dar has said we should not worry about moody’s rating.
“ I will give reply to every ground on which moody’s has made rating. There are three such rating agencies. One downgraded UK. This rating is for issuing sukuk bonds. We are not going towards it still. We have to improve economic indicators yet., he said this while talking to media men here Friday.
He reiterated his government’s commitment to strengthen country’s economy by taking all possible measures. He added no one will be allowed to control rupee’s value artificially.
The Minister said by every passing day rupee’s value is improving, however, he regretted that the previous government devalued Pakistan’s currency artificially.
The Minister urged all political parties not to do politics over economy. He said charter of economy is need of the hour and a consensus should be developed in this regard.
The Minister said with improved rupee’s value our foreign debt has decreased by 2600 billion rupees within few days.
The Minister said the case of not filing tax returns against him is baseless and just aimed at taking political revenge.
Earlier, he appeared before the Accountability court in assets related case. The court rejected the warrants against Ishaq Dar and adjourned the hearing till Wednesday.
About persistent fall in the value of dollar he said I was just sitting in the plane and I had to do nothing and the dollar started going downward. I earlier said that this is not real value of dollar. Dollar real value is below Rs 200.
Our export industry is very important, he said adding they have to give dollars to Pakistan through earning. I have said now stop thinking in t dollar. Rupee will go up.
He held restrictions were imposed on Pakistan after it became nuclear power in order to teach a lesson to it. It can not happen so now that some one plays game with Pakistan.
Pakistan foreign debt has declined by Rs 2600 billion. If we work in correct way then our future is bright. PDM government had to work day in day out. We slashed the price of petroleum products.
Talking about his case he said he never opposed accountability. If some one including has committed wrong then its price should be taken from him. But you can not
