Ishaq Dar, the federal finance minister, stated during his remarks at the Green Line Express Train’s ribbon-cutting event that the railway will boost the nation’s economy in addition to becoming a self-sufficient institution.
He asserted that Pakistan’s economy was growing in 2013, when the PML-N was in power, and that in 2016, it was the world’s 24th-largest economy.
The finance minister berated the previous PTI administration, saying that it was unfortunate that they took office. What caused this economic disaster and Pakistan’s drop to 47th place in the globe must be looked into.
Also, he was confident that under the leadership of Prime Minister Shehbaz Sharif, Pakistan would emerge from this economic catastrophe.
The staff-level agreement with the International Monetary Fund (IMF) will be signed by the end of this month, according to earlier comments from Prime Minister Shehbaz Sharif.
Pakistan began a $7 billion IMF programme in 2018, and it was expanded to $6 billion in 2019. The programme is presently awaiting its ninth evaluation, which would release $1.18 billion.