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ISLAMABAD: Former finance minister Shaukat Tarin on Monday demanded the government to dissolve National assembly and announce general election, saying a strong caretaker setup is required to give confidence to investors.
Tarin asked for a strong caretaker government having understanding of the market.
He was of the view that yesterday’s Punjab by-polls have increased political instability in the country.
A situation of uncertainty will prevail till the new elections are announced, he said. “They are aware that they will not remain in power till August 2023,” he added.
The former finance minister said “We have to move forward to end the political instability for economic betterment of the country.”
“The government has already reached to the technical agreement with the International Monetary Fund (IMF). The agreement will not be affected if a caretaker government comes into power,” Tarin further said.
”They have already taken very harsh decisions, still the rupee is falling down,” he said. “I was expecting that the rupee will come down below 200 but the matter has worsened,” former finance minister said. “The dollar is gaining strength owing to the political instability,” the former minister added.
Tarin pledged if the caretaker setup comes with the consensus of all stakeholders, PTI with cooperates with the interim government.