Economic stability will be restored soon: Ayesha

Minister of State for Finance Ayesha Ghaus Pasha has said that economic stability will be restored in the country very soon as Pakistan has taken all the necessary steps as per the request of the International Monetary Fund (IMF).

“Pakistan has a strategy to get out of economic problems, so Pakistan should not default, and the people should not listen to the propaganda of bankruptcy,” Ayesha said while addressing the media here on Tuesday.

The state minister said that Pakistan would fulfil all its international obligations and till now there was no obligation that Pakistan had not fulfilled.

“Negotiations with the IMF are in final stages which will be completed in a positive manner,” she said, adding that parliament passed the mini-budget of Rs170 billion.

The state minister said that the subsidies received by the rich class were being removed. “The tariff has been increased for those who use more electricity and gas while electricity and gas subsidy will be only for the poor sections.”

She said that one of the reasons for Pakistan's economic problems was the international situation, but Pakistan had a strategy to get out of economic problems.