Saturday , May 30 2020

Pakistan is out of balance of payment crisis: Asad Umer

Islamabad: Asad Umar Federal Finance Minister told on Tuesday that China has agreed over extending economic relief package  to Pakistan.

Finance Minister Asad Umer along with Foreign Minister Shah Mehmood Qureshi briefed media about the recent trip of Prime Minister Imran Khan to China that ended successfully for Pakistan.

Governor State Bank of Pakistan (SBP) and the finance Secretary will hold a meeting with Chinese officials to discuss the package modules on Friday.

Asad Umer gave good news about the crisis of balance of payment which is almost over now. He said It was only possible due to strict govt economic policies, Saudi Arab’s help and Chinese cooperation.

He added that Govt is working to increase exports and produce quality goods. The best way to address the derailed economy is to enhance exports.

Foreign Minister Shah Mehmood Qureshi said that Chinese govt has always helped Pakistan during tough times. And the friendship is more stronger than ever now.

Check Also

PIA profit

Pakistan resumes local, international flight operations

Islamabad: Civil Aviation Authority has given permission to open all flights. The decision to open …

Leave a Reply

Your email address will not be published. Required fields are marked *