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IMF talks: Miftah leaves for Doha

KARACHI: Finance Minister Miftah Ismail has stated on Monday (23rd of November, 2022) the nation was paying price of wrong policies and agreements signed by previous government with International Monetary Organization (IMF). 

Talking to media in Karachi before leaving for Doha for talks with IMF on Monday, he said tough conditions of withdrawing subsidies and imposing tax on petroleum products is the result of agreements of previous government with IMF.

The Finance Minister said as per agreements of previous government, the diesel price is to be increased by 150 rupees per liter and petrol by 100 rupees per liter but the present government does not want to carry it forward as it will result in heavy financial burden on the masses.

Miftah maintains that Imran Khan had always created impediments in the path of development of the country. He said Imran Khan’s 2014 sit-in caused postponement of Chinese president’s visit to the Pakistan and today IMF team that was due in Islamabad for talks has declined to visit because of Imran Khan’s sit-ins.

The Finance Minister expressed the hope that in next two days he will succeed in having agreement with IMF in the best interest of the country and the people.

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.