KARACHI: Finance Minister Ishaq Dar has assured the investors at the Pakistan Stock Exchange that the country would not default come what may. Calling the economy ‘resilient’, he said that Pakistan had a beautiful future in store for itself.
He was speaking at a ceremony organised to celebrate Real Estate Investment Trust (REIT)’s listing at the PSX.
Mr Dar said that despite the rumours of the country on the brink of default, it wasn’t going to be the case. However, he admitted that the country remained in a stressed fiscal position because it did not have the $24 billion that the Pakistan Muslim League-Nawaz government left.
While speaking to the investors, he urged them to ignore the naysayers and said that he could go anywhere to prove that the country won’t default on its loans. He rued that the country’s economy was suffering because of “petty politics”.