AGL 37.99 Decreased By ▼ -0.03 (-0.08%)
AIRLINK 215.53 Increased By ▲ 18.17 (9.21%)
BOP 9.80 Increased By ▲ 0.26 (2.73%)
CNERGY 6.79 Increased By ▲ 0.88 (14.89%)
DCL 9.17 Increased By ▲ 0.35 (3.97%)
DFML 38.96 Increased By ▲ 3.22 (9.01%)
DGKC 100.25 Increased By ▲ 3.39 (3.5%)
FCCL 36.70 Increased By ▲ 1.45 (4.11%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 14.49 Increased By ▲ 1.32 (10.02%)
HUBC 134.13 Increased By ▲ 6.58 (5.16%)
HUMNL 13.63 Increased By ▲ 0.13 (0.96%)
KEL 5.69 Increased By ▲ 0.37 (6.95%)
KOSM 7.32 Increased By ▲ 0.32 (4.57%)
MLCF 45.87 Increased By ▲ 1.17 (2.62%)
NBP 61.28 Decreased By ▼ -0.14 (-0.23%)
OGDC 232.59 Increased By ▲ 17.92 (8.35%)
PAEL 40.73 Increased By ▲ 1.94 (5%)
PIBTL 8.58 Increased By ▲ 0.33 (4%)
PPL 203.34 Increased By ▲ 10.26 (5.31%)
PRL 40.81 Increased By ▲ 2.15 (5.56%)
PTC 28.31 Increased By ▲ 2.51 (9.73%)
SEARL 108.51 Increased By ▲ 4.91 (4.74%)
TELE 8.74 Increased By ▲ 0.44 (5.3%)
TOMCL 35.83 Increased By ▲ 0.83 (2.37%)
TPLP 13.84 Increased By ▲ 0.54 (4.06%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 34.84 Increased By ▲ 1.87 (5.67%)
WTL 1.72 Increased By ▲ 0.12 (7.5%)
BR100 12,244 Increased By 517.6 (4.41%)
BR30 38,419 Increased By 2042.6 (5.62%)
KSE100 113,924 Increased By 4411.3 (4.03%)
KSE30 36,044 Increased By 1530.5 (4.43%)

LAHORE: Prime Minister Muhammad Shehbaz Sharif said on Saturday the dollar’s value against the Pakistani rupee is now declining gradually due to Finance Minister Ishaq Dar’s prudent economic policies.

Talking to the media here Saturday, the premier said all resources will be utilized for the welfare of people and the development of the country.

The PM said the PML-N and allied parties came into power through a constitutional process to save the national economy and country from bankruptcy.

He said, “When we came into the government, we were at the brink of default. But we prevented that.”

Talking about Imran Khan’s latest audio leak, the premier said these vindicate that the PTI Chairman was busy in horse trading. Terming PTI Chairman as a liar, Shehbaz said Imran Khan should be held accountable for his baseless propaganda regarding cipher, as well as, Panama Papers. “He (Imran) has admitted that he bought five votes, lied all the time, damaged Pakistan’s relations with the United States and also harmed the country’s image abroad,” he said, adding: “I have proved through facts that you (Imran) are a fraud and liar; who conspired against the nation and the audios that have surfaced have shown your drama and lies.”

Rupee to come below 200: Dar

He also lambasted Imran for “lying day and night and bringing disrepute to Pakistan”. He said, “The way our relations with the US were destroyed, we are now making efforts to mend relations. I have never ever seen a bigger conspiracy against Pakistan and he (Imran) is an example of the worst kind of mindset in the world.”

He further said every citizen should respect the law, NAB summoned PML-N Quaid, Nawaz Sharif several times and he also attended court hearings but never asked for a NRO.

The premier also said that calling Maryam Nawaz’s acquittal in Avenfield reference an NRO by the PTI is a condemnable act.

Copyright Business Recorder, 2022

Comments

Comments are closed.

Fazeel Siddiqui Oct 09, 2022 04:24pm
Give loss to Overseas Pakistanis, forcefully convert their FX remittance at unfair low rate and show that PKR is under control, call it subsidized import economy = Darknomics. SBP as Dar's bank will buy at cheap rate and will sell it on cheap rates for profiteering of Importers. Overseas Pakistanis didn't get value of their FX remittances and born loss of $25 billion dollars in last tenure of PML-N. OP's should hold their FX currency cash and don't let Dar's associates to money lauder the cheaply purchased USD.
thumb_up Recommended (0)