ISLAMABAD: Federal Minister for Finance, Muhammad Ishaq Dar on Tuesday said that all out efforts are being made to bring stability in Pakistani currency.
He said: “It is the blessings of God that Pakistan’s economy is showing upward trend.”
Talking to a private television channel, he said that some elements were making speculations about the economy of Pakistan.
He said that all such rumors about the weak business related markets were baseless.
He said that rupee will further strengthened in days to come.
The Minister said Pakistan is launching Euro bond. He said that inflation is moving down, adding that foreign reserves are increasing.
He said that IMF appreciated the economic policies of Pakistan.
Ishaq Dar said that no stone would be left unturned to put this country on path of speedy progress.
Replying to a question, he said that International markets are reposing confidence in the markets of Pakistan and showing keen interest in different sectors of this area.
He said that stock market is moving upward due to the dynamic policies of Pakistan Muslim League Nawaz (PML-N), government. He said that measures are being taken to control the smuggling of gold to other countries.
To another question, he said that duration of loadshedding has minimized at remarkable level.
He said that present government is taking all important measures to resolve the energy problem.
The Minister said that steps are being taken to add more energy in the system, adding that gas facility will be provided to industrial sector to achieve progress.
He said that PML-N government is focusing on extremism,terrorism, energy and economy of the country and all necessary steps are being taken to achieve these objectives.
To another question regarding dialogue process with Taliban, he said that the government will not compromise on the matters of national interest.