Follow Us on Google News
ISLAMABAD: The National Assembly was informed in categorical terms on Friday that the country faces no risk of default.
Minister of State for Finance Aisha Ghaus Pasha told the house during question hour that the country was faced with a difficult situation when the present coalition government came into power as the IMF program was suspended.
She said we have revived the IMF program while improvement is being seen in exports and remittances are also pouring in the country. She said the investors are showing interest for investment in the country as a result of our reforms.
The Minister of State said the international community has shown the intent to help Pakistan in the post flood reconstruction and rehabilitation efforts.
Read more: Marriage could not be maintained without woman’s consent: LHC
Aisha Ghaus Pasha said policies are being framed to enhance the size of the formal economy by bringing potential taxpayers into the tax net. She said the entire supply chain from import to retail is being integrated with the FBR system to ensure documentation. She said responsibility rests with every Pakistani to pay taxes in order to provide funds for the health, education, transport, defense and other sectors.
Minister of State for Finance Aisha Ghaus Pasha said both internal and external factors are behind the current price hike and it is the priority of the government to check it.
