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

Modi Eyes Trade Deals in Maldives

PM Modi will arrive in Maldives on July 25 which would be the second and final leg of his two-nation visit, following the visit to the United Kingdom, starting Wednesday….reports Asian Lite

Russia Strikes Back at EU

The Council of the European Union approved the 17th and 18th packages of sanctions on Russia on May 20 and July 18…reports Asian Lite News Russia has significantly expanded its entry ban

PM Modi Due in UK

PM Modi’s visit to the UK, scheduled for July 23–24, comes at the invitation of British counterpart Keir Starmer and will be his fourth trip to the country….reports Asian Lite News Prime

Victory First, Then Peace?

Katz stressed the importance of meeting the war’s goals as set, primarily the return of all Israeli hostages and the surrender of Hamas….reports Asian Lite News Israeli Defence Minister Israel Katz said

US Brings Up Old Claim, India Pushes Back

US Raises Trump’s India-Pakistan Claim at UN; India Reaffirms Bilateral Stand…reports Asian Lite News The US brought President Trump’s May claim of resolving the India-Pakistan conflict to the Security Council, but New
Go toTop

Don't Miss

Pakistan to leverage Gandhara tourism

Pak official Vankwani said that Pakistan has huge potential for

US’ pro-Pakistan tilt in 1971 haunts Kissinger’s legacy

More than a half century after 1971 and close to