ISLAMABAD: Minister for Finance and Revenue Ishaq Dar called on President Dr Arif Alvi at Aiwan-e-Sadr here. According to a press release, during meeting, Minister briefed President on overall economic and financial outlook of country. Financial czar also briefed President on various steps taken by government to provide relief to people of Pakistan, especially to unprivileged population of underserved areas of country as well as flood affectees. Press release furthered that two discussed various matters concerning finance and economy.

Earlier, Dar had indicated that Pakistan overcame United States opposition to purchase of Russian oil and stressed that Islamabad intended to enter into fuel import deal with Moscow on terms similar to those agreed by New Delhi.

Dar had said he would work to rein in inflation and cut interest rates and had also promised strong response to resolve Pakistan's worst economic crisis. He expected to tackle balance of payment crisis, foreign reserves that cover barely month's imports, historic lows in rupee, inflation exceeding 27 percent and aftermath of devastating floods.

Published in The Daily National Courier, November, 19 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.