BusinessIshaq Dar ready to buy Russian Oil

Ishaq Dar ready to buy Russian Oil

Ishaq Dar ready to buy Russian oil but on the condition that it delivers the important commodity at the same rate that it is giving it to India.

Whereas answering to a question in Washington, Dar hoped that the West would have no objection to the import of Russian oil at a cheap rate due to Pakistan’s financial poverty caused by the recent disastrous floods.

On the length of the obligatory government, the finance minister said that the coalition government in the Centre have sufficient time to return to the political front.

“10 months are enough for the government to restore its political prestige and win popularity. We were to select one thing among the two: either to save our politics or the state. We opted for the second,” he said although commenting on the by-polls results.

To a question about US President Biden’s declaration on Pakistan’s nuclear program, he said Prime Minister Shehbaz Sharif had previously said that a healthy command and control system was in place in the country. The US authorities also acknowledge it often, he added.

On the current Financial Action Task Force’s (FATF) fresh meeting, Dar is optimistic that Pakistan would get out of the watchdog’s grey list. A meeting is likely in a few days and the government is hopeful that the country would come out of the FATF grey list, he said.

Read Also: Imran Khan: India Buy 40% Cheaper Russian Imported Oil Why Can’t We?

The finance minister was in Washington on a four-day visit where he met IMF, World Bank officials and others.

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