Hafeez heaps praise on Shabbar

Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh says "we need to understand the causes of inflation". Government took initiatives to prevent bankruptcy, he added.

In an interview with Aaj News senior anchor person Asma Shirazi, he said every individual is stating different figures of inflation. "We need to understand the meanings of economic growth," he added.

Hafeez said the incumbent government has contained government expenditures. "No loan has been taken from State Bank of Pakistan in the last seven months," he said.

He said "chairman FBR Shabbar Zaidi is a very professional person, however, he is ill. We want him back in office soon".

He further said rumours about Zaidi are absolutely baseless. However, if he does not regain his health then any alternative can be considered," he said.