ISLAMABAD: Finance Minister Ishaq Dar said that Pakistan will buy oil from Russia at a lower price than India. Talking to media, Ishaq Dar said that country's foreign exchange reserves will improve in coming days. Taking a swipe at PTI Chairman Imran Khan, Dar said that Imranmakes irresponsible statements.

He also advised Imran Khan to give up politics of personal interests. He added that news of Pakistan's removal from FATF grey list will come in two days. Earlier, addressing All Pakistan Chartered Accountant Conference, he said, "I want to convey a message to markets. No need to panic, we are back in business and will sort everything out. There is nothing to worry about."

He said that Pakistan will be fine and no one should have any problem because "Pakistan will not default". Country was facing serious challenges but current government saved it from default even though it had to pay a heavy political price, he added. Ishaq Dar said that Pakistan would need about $ 32 to $ 34 billion to meet its obligations and financial needs for fiscal year 2022-23. "These include about $ 22 billion in multilateral debt and a current account deficit of about $ 12 billion," he added.

Published in The Daily National Courier, October, 20 2022

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