Pakistan out of financial crisis after petroleum price hikes: Miftah Ismail

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.”

“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.”