Islamabad: Finance Minister Miftah Ismail Monday ruled out the option of a financial emergency in the country after the government took steps to rectify the ongoing economic upheaval. The finance minister added that Prime Minister Shehbaz Sharif would at some point announce austerity measures to save government expenditure. To bring economic stability and revive the stalled multi-billion dollars International Monetary Fund (IMF) program, the govt had to increase the price of petrol by a whopping Rs60 per litre.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Murad Saeed, other PTI leaders’ names removed from ECL

In a significant development, the federal government on Monday removed the names…

‘Pandora leaks’ consolidate the PM’s stance

On Sunday, Information Minister Fawad Chaudhry stated that facts laid bare in…

U.S. issues fresh round of Russian sanctions

Washington: On June 2, the United States issued a fresh round of…

Russia widens strikes on Ukrainian civilian

Izium: On September 18, Russia widened its strikes on Ukrainian civilian infrastructure…