No financial emergency on the cards: Miftah Ismail

MG News | June 06, 2022 at 03:53 PM GMT+05:00

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June 06, 2022 (MLN): The government has no plan to declare a financial emergency in the coming days nor is there any financial emergency, said Federal Minister Miftah Ismail.

Taking to his Twitter handle, he said, “After two increases in petrol prices, we are out of the financial crisis.”

However, Prime Minister Shahbaz Sharif will at some point announce austerity measures to save government expenditures.

There is absolutely no plan to freeze foreign currency accounts or Roshan Digital Accounts or take over people's private lockers, he noted.

“We have never even contemplated these steps. Nor will we ever do it. Speculation on social media about this is wrong and coming from a biased quarter.”

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