pakistan
Thursday Jun 23 2022
By
Web Desk

No terms in IMF deal previous govt didn't already agree to: Aisha Ghaus Pasha

By
Web Desk
Minister of State for Finance Aisha Ghaus Pasha. —Photo courtesy National Assembly of Pakistan
Minister of State for Finance Aisha Ghaus Pasha. —Photo courtesy National Assembly of Pakistan
  • IMF asking for same things predecessors reached an understanding on: Aisha Ghaus Pasha
  • IMF deal not struck by any government, finalised by nation, says state minister
  • Public should see the decisions that "that they (previous government) have left us with": Pasha


Minister of State for Finance Aisha Ghaus Pasha on Thursday said that the new coalition government has not agreed to any terms with the International Monetary Fund (IMF) that the previous government had not already okayed.

"We haven't agreed upon anything that was not in the deal the previous government (PTI) finalised," she said on Geo News programme "Geo Pakistan".

"The IMF is asking for the same things our predecessors came to an understanding with them on," the minister said.

She added that the agreement with the IMF was not struck any government, it was struck by the nation. Pasha added the talks with the IMF had "advanced".

Speaking on the rupee's steep depreciation over the past few months, she said the country's high imports were "putting pressure" on the currency. She was hopeful that once an agreement is finalised with the IMF, the pressure on the rupee would ease.

She also mentioned the recent $2.3-billion-agreement with a Chinese banks consortium that was announced by Finance Minister Miftah Ismail yesterday.

Pasha believed that the agreement would soon manifest in the (stock) market.

"Some of the previous government's decisions are weighing heavy on us," the minister said, adding that the public should see the decisions that "that they have left us with".

With regard to graft, she was of the view that given evidence of corruption against anyone, cases should be pursued.