Paid heavy price to save Pakistan from default: Dar

Former finance minister Ishaq Dar claims that the Pakistan Muslim League-Nawaz (PML-N) paid a heavy price to prevent Pakistan from defaulting on its international loan obligations, and that the country's economy suffered during Prime Minister Imran Khan's tenure.

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9/1/2023

State must act against dollar speculators, says Ishaq Dar

Former finance minister Ishaq Dar believes that a few speculators are responsible for the fluctuation and rise of the US dollar against the Pakistani rupee and that the government must take action against them to prevent them from holding the economy hostage. He also states that there is no quick fix to any problem, and emphasizes the need for the revival of effective policies and time to reverse the damage caused to Pakistan's economy. Additionally, Dar criticizes the policies of the Pakistan Tehreek-e-Insaf (PTI) government and expresses confidence in the ability of the Pakistan Muslim League-Nawaz (PML-N) to fix the economy if given a fresh and full mandate. He also highlights the complexities of the rise in electricity prices in the country.

9/4/2023

‘N’ bigwigs ‘need to return’ for reckoning

The PML-N, Pakistan's former coalition government party, is facing public anger and criticism over inflated power bills and the economic crisis, while some party members believe that the presence of party leadership in London is detrimental to their public image.