BusinessIMF Wants to Slow Down the Economy, Finance Minister

IMF Wants to Slow Down the Economy, Finance Minister

Federal Finance Minister Miftah Ismail has said that the IMF wants to slow down the country’s economy. This is to reduce inflation, for which we have to raise interest rates.

This statement was given by Muftah Ismail on his arrival in Karachi. Muftah Ismail said that if the price was increased today under the agreement of Imran Khan and Shaukat Tareen with the IMF, then diesel would increase by Rs 150 and petrol will increase by Rs 100.

He said that before coming to power, the deficit was estimated at Rs. 1300 billion.

Shaukat Tareen made a wrong statement.

He said that previous government did not left any amount for subsidy of electricity and petroleum products.

Related Stories

The government increased the prices of petroleum product

The government has increased the prices of petroleum products for the next 15 days, the new prices of petroleum...

Petrol Rs 7.54 and diesel Rs 9.84 likely to be expensive from July 1

The government is likely to increase the price of petrol by Rs 7.54 per liter and the price of...

State Bank reduced the interest rate after 4 years

The State Bank of Pakistan (SBP) has announced a reduction in interest rates after four years. The Monetary Policy...

Trending on DiariesPK