ISLAMABAD: Federal Finance Minister Miftah Ismail said that multiple increases in petroleum prices have brought Pakistan out of financial crises.
On Twitter, Miftah wrote “PM Shehbaz Sharif would soon announce austerity measures and there was no financial emergency in country.”
The Prime Minister will at some point announce austerity measures to save government expenditures. But there is not going to be any declaration of financial emergency. Nor is there any financial emergency. After two increases in petrol prices, we are out of the financial crisis.
— Miftah Ismail (@MiftahIsmail) June 6, 2022
“After two increases in petrol prices, we are out of the financial crisis,” Miftah added.
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Finance Minister further wrote, “Incumbent government has no plan to freeze foreign currency accounts or Roshan Digital Accounts or take over people private lockers and speculation on social media about this is wrong and coming from biased quarters.”
