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No risk of default, remittances pouring into Pakistan, Aisha Ghaus tells National Assembly

Minister of State for Finance and Revenue Aisha Ghaus Pasha assured the nation that the country was not facing any danger of going to default.

“No risk of default, remittances pouring into Pakistan,” Minister of State for Finance Aisha Ghaus has told National Assembly on Friday.

The assurance came from the federal minister when Mussarat Rafiq Mahesar of Pakistan Peoples Party (PPP) put a direct question to her, “If Pakistan is going to default?”

“Alhamdulillah [Thank God], there is no such possibility. Yes, we were worried when we took over the government [in April] because at that time the IMF programme was suspended and the avenues of getting external finances were closed for us,” Aisha Ghaus replied. 

The speculation about the country on the brink of default started amid former prime minister Imran Khan’s statement that default is staring Pakistan in the face and reports about delay in formal talks with IMF on the ninth review of $7bn loan programme.

Meanwhile Imran Khan’s visible supports on social media are also spreading his statement.

 

Saman Siddiqui

Saman Siddiqui, A freelance journalist with a Master’s Degree in Mass Communication and MS in Peace and Conflict Studies. Associated with the media industry since 2006. Experience in various capacities including Program Host, Researcher, News Producer, Documentary Making, Voice Over, Content Writing Copy Editing, and Blogging, and currently associated with OyeYeah since 2018, working as an Editor.

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