{"id":272435,"date":"2022-07-21T07:11:57","date_gmt":"2022-07-21T02:11:57","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=272435"},"modified":"2022-07-21T07:11:57","modified_gmt":"2022-07-21T02:11:57","slug":"political-instability-causing-economic-turmoil-in-country-tarin","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/political-instability-causing-economic-turmoil-in-country-tarin\/","title":{"rendered":"Political instability causing economic turmoil in country: Tarin"},"content":{"rendered":"

ISLAMABAD
\nFormer finance minister Shaukat Tarin has said that political instability causing economic turmoil in the country.
\nTarin while commenting on free fall of rupee against dollar, said that the State Bank of Pakistan has refused to give dollars, currently the currency has been trading at Rs 227 in interbank market.
\n\u201cDespite Miftah Ismail\u2019s claims the market not showing trust on him,\u201d Shaukat Tarin said. \u201cDevaluation of rupee will result in price hike,\u201d he added. The market is jittery and required restoration of confidence so as the situation returns to normal, he said. \u201cThe people have to pay the debt they have taken,\u201d former finance minister said.
\n\u201cPolitical instability resulting in economic turmoil, stocks are falling, while the dollar is gaining more strength,\u201d Tarin said. \u201cOnly solution of the situation is announcement of the election, so as the market feels the confidence that we are moving towards political stability,\u201d he said.
\nAfter Punjab by-election results former minister had urged the government to announce election and bring a strong caretaker setup in the country adding that the election results have increased political instability in the country.
\nHe called for a strong interim government having understanding of the market, \u201cWe have to move forward to end the political instability for economic betterment of the country,\u201d he said. He said that a situation of uncertainty will prevail till the new elections are announced. <\/p>\n","protected":false},"excerpt":{"rendered":"

ISLAMABAD Former finance minister Shaukat Tarin has said that political instability causing economic turmoil in the country. Tarin while commenting on free fall of rupee against dollar, said that the State Bank of Pakistan has refused to give dollars, currently the currency has been trading at Rs 227 in interbank market. \u201cDespite Miftah Ismail\u2019s claims […]<\/p>\n","protected":false},"author":2,"featured_media":190810,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[676],"class_list":{"0":"post-272435","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national","8":"tag-shaukat-tarin"},"yoast_head":"\nPolitical instability causing economic turmoil in country: Tarin<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/political-instability-causing-economic-turmoil-in-country-tarin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Political instability causing economic turmoil in country: Tarin\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD Former finance minister Shaukat Tarin has said that political instability causing economic turmoil in the country. Tarin while commenting on free fall of rupee against dollar, said that the State Bank of Pakistan has refused to give dollars, currently the currency has been trading at Rs 227 in interbank market. \u201cDespite Miftah Ismail\u2019s claims […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/political-instability-causing-economic-turmoil-in-country-tarin\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-21T02:11:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2021\/05\/Shaukat-Tarin-1200x807-1024x689-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"689\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" 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