Pakistan not facing any risk of default: Ahsan

News Image

MG News | November 21, 2022 at 09:16 AM GMT+05:00

0:00

November 21, 2022: Planning Minister Ahsan Iqbal has said Pakistan is not facing any danger of going to default and PTI is spreading false propaganda over the country's default risk.

Addressing the Pakistani community in Jeddah, he said the country has adopted a path of stability and saved it from going to default. He said the news about Pakistan's default risk is based on a malicious campaign initiated by the PTI which has no reality. He said the incumbent government under the leadership of Prime Minister Shehbaz Sharif succeeded in removing Pakistan from the gray list.

Highlighting the importance of relationships between Pakistan and Saudi Arabia, the Minister said we want to establish CPEC-style economic cooperation with Saudi Arabia.

He further said that overseas-based in Saudi Arabia is a strategic partner of Pakistan and their efforts are commendable which helps Pakistan to promote its narrative. He also announced that a death insurance scheme will be introduced soon for overseas Pakistanis to provide support to their families in case of accidental death.

Ahsan Iqbal said the government supports the right of overseas Pakistanis to vote, but it should be done without compromising the sanctity and security of the electoral process.  He said there is no secure Internet-based voting system in use in the world yet. However, various proposals are under consideration, including the proposal to give representation to overseas Pakistanis through specific seats in Parliament.

Radio Pakistan

Related News

Name Price/Vol %Chg/NChg
KSE100 148,743.32
232.74M
1.29%
1900.34
ALLSHR 89,074.97
432.50M
1.26%
1107.38
KSE30 45,031.60
99.89M
1.35%
600.19
KMI30 216,075.56
75.58M
1.56%
3321.53
KMIALLSHR 58,342.49
204.46M
1.47%
844.48
BKTi 40,694.56
42.04M
1.52%
608.89
OGTi 31,278.90
11.43M
2.01%
615.13
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 68,155.00 68,570.00
67,750.00
120.00
0.18%
BRENT CRUDE 105.52 105.94
103.56
1.55
1.49%
RICHARDS BAY COAL MONTHLY 112.50 0.00
0.00
0.95
0.85%
ROTTERDAM COAL MONTHLY 119.00 119.50
118.75
-2.90
-2.38%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 103.17 103.31
101.52
1.79
1.77%
SUGAR #11 WORLD 15.51 15.74
15.12
-0.04
-0.26%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg