January 28, 2023
1 min read

Pak Minister pins hopes on Allah to rescue sinking economy

Dar said that the government inherited several problems from the previous government, adding, the government was working day and night….reports Asian Lite News

As the Pakistan government struggles to arrest the worsening economic crisis, Finance Minister Ishaq Dar sought to allay concerns by invoking divine favour, saying that the country was the only country founded in the name of Islam “and Allah Almighty is responsible for its development and prosperity”.

Speaking at the inauguration ceremony of the Green Line Train in Islamabad, the Finance Minister said that he had full faith that Pakistan would progress because it was created in the name of Islam, The Express Tribune reported.

He said “if Allah can create Pakistan, then he can also protect, develop, and make it prosper”, adding that under the leadership of Prime Minister Shehbaz Sharif, the government was trying its best to lift the country out of the quagmire.

Dar said that the government inherited several problems from the previous government, adding, the government was working day and night.

“The team is trying to improve the situation ahead of the elections.”

The Finance Minister further said that the economy of Pakistan was destroyed in five years, but the government of the coalition parties wants to improve it till the next elections.

He said the country is still suffering due to the “drama” that started five years ago and insisted that the economy was strengthening during Nawaz Sharif’s tenure from 2013-2017, The Express Tribune reported.

The Finance Minister added that Pakistan Stock Exchange was the best-performing capital market in South Asia and ranked fifth in the world during Nawaz’s era and the sights of the world institutions were set on it.

However, he regretted that the country was today paying the price for the “Panama drama”, the ouster of the PML-N government, and other issues it faced over the last five years.

“Pakistan was on the growth track during Nawaz’s tenure, but it was derailed,” he added.

ALSO READ: Nationwide Power Failure Roks Pakistan

Previous Story

‘Sweden’s NATO process paused’

Next Story

US senior diplomat Nuland due in India

Latest from -Top News

Riyadh and Islamabad Forge Closer Military Ties

Saudi Arabia and Pakistan strengthen defence ties as shifting regional dynamics push both nations to seek new security alignments Saudi Arabia and Pakistan have deepened their long-standing military partnership by agreeing to

Iran Warns of ‘Strategic Surprises’

Mousavi assured Iranians that the country’s armed forces, relying on strategic surprises, stand fully prepared to confront any threat from “oppressive powers” Major General Abdolrahim Mousavi, Chief of Staff of Iran’s Armed

New York summit for two states

France and Saudi Arabia host a New York summit on Palestinian statehood, with global leaders set to recognise Palestine despite Israel and US boycotts and threats. France and Saudi Arabia will host

Dubai’s big startup bet!

H.H. Sheikh Mohammed launches bold national campaign to transform the UAE into the world’s startup capital, training 10,000 Emirati entrepreneurs and creating 30,000 jobs by 2030. Dubai’s ruler, His Highness Sheikh Mohammed

Piyush Goyal in US for Trade Talks

Goyal’s trip to the US capital follows the visit of the US team of officials to Delhi on September 16….reports Asian Lite News Union Minister for Commerce and Industry Piyush Goyal was
Go toTop

Don't Miss

Essential goods prices skyrocket in Pakistan

According to details of the items black chickpeas, moong dal,

Countdown to Imran’s arrest as military cleanses ranks

At least 16 army officers including two Major Generals (GOCs)