Pakistan approached IMF due to economic instability: FM Qureshi
ISLAMABAD (92 News) – Foreign Minister Shah Mahmood Qureshi said that Pakistan had approached the International Monetary Fund (IMF) due to economic instability.
Speaking on the floor of the Senate on Tuesday, he said that the previous government had departed without announcing the National Finance Commission (NFC) Award. “We will not distribute funds whimsically like the previous government,” he said.
The minister questioned that why the PPP not observing the destruction of Sindh. “AIDS has spread in entire Sindh and the conditions of Tharparkar are not hidden from anyone,” he said.
Shah Mahmood Qureshi said those taunting the government had gone to the International Monetary Fund (IMF) several times.
About the appointment of SBP Governor Dr Reza Baqar, he said that Raza Baqar is the son of Pakistan. “He has come to Pakistan on low wages. He has been appointed as he fulfilled the eligibility criteria,” he said.
The minister said that no presidential system was being enforced in the country. “The country is heading to One Unit. There is neither threat to China Pakistan Economic Corridor nor nuclear assets,” he said.