AIRLINK 200.29 Increased By ▲ 2.74 (1.39%)
BOP 10.49 Increased By ▲ 0.22 (2.14%)
CNERGY 7.21 Increased By ▲ 0.26 (3.74%)
FCCL 34.94 Increased By ▲ 0.52 (1.51%)
FFL 17.42 Decreased By ▼ -0.24 (-1.36%)
FLYNG 24.85 Increased By ▲ 0.25 (1.02%)
HUBC 127.81 Increased By ▲ 0.08 (0.06%)
HUMNL 13.81 Decreased By ▼ -0.02 (-0.14%)
KEL 5.00 Increased By ▲ 0.12 (2.46%)
KOSM 7.03 Increased By ▲ 0.34 (5.08%)
MLCF 44.62 Increased By ▲ 0.47 (1.06%)
OGDC 222.15 Decreased By ▼ -2.76 (-1.23%)
PACE 7.42 Decreased By ▼ -0.08 (-1.07%)
PAEL 42.80 Decreased By ▼ -0.06 (-0.14%)
PIAHCLA 17.39 Increased By ▲ 0.17 (0.99%)
PIBTL 8.51 Decreased By ▼ -0.03 (-0.35%)
POWER 9.15 Increased By ▲ 0.03 (0.33%)
PPL 192.73 Decreased By ▼ -1.57 (-0.81%)
PRL 41.50 Increased By ▲ 2.74 (7.07%)
PTC 24.44 Increased By ▲ 0.10 (0.41%)
SEARL 101.27 Increased By ▲ 1.40 (1.4%)
SILK 1.05 Increased By ▲ 0.05 (5%)
SSGC 43.87 Increased By ▲ 0.11 (0.25%)
SYM 18.76 Increased By ▲ 0.18 (0.97%)
TELE 9.54 Increased By ▲ 0.42 (4.61%)
TPLP 13.08 Increased By ▲ 0.12 (0.93%)
TRG 66.19 Increased By ▲ 2.09 (3.26%)
WAVESAPP 10.53 Increased By ▲ 0.16 (1.54%)
WTL 1.78 No Change ▼ 0.00 (0%)
YOUW 4.04 Increased By ▲ 0.02 (0.5%)
BR100 12,040 Increased By 72 (0.6%)
BR30 36,689 Increased By 5 (0.01%)
KSE100 114,804 Increased By 574.1 (0.5%)
KSE30 36,102 Increased By 118.3 (0.33%)

According to finance minister Asad Umar, policy-level agreement has been reached with the International Monetary Fund (IMF) but details of the package estimated at between $ 6 billion to $ 8 billion, would be finalised when the mission visits Pakistan during the last week of April.
In other words, the IMF bailout is finally in sight. That Asad Umar is working harder is a fact. Unfortunately, however, there are reports that the incumbent finance minister is going to be removed from his post for failing to deliver. But there is no answer to question as to who is going to replace him. The current economic mess is not his creation; it was the last PML-N government that has bequeathed it to the incumbent PTI government.

Copyright Business Recorder, 2019

Comments

Comments are closed.