ISLAMABAD: Information Minister Fawad Chaudhry on Tuesday said that the government did not want to approach the International Monetary Fund (IMF) but had to take the difficult decision of doing so.
While addressing an event in Islamabad, the information minister said, “Approaching the IMF was not part of our policy but we have to make difficult decisions to run the economy.”
He further said, “We are also in talks with other countries as the reserves that are left can only run the country for 46 days,” adding that “we need $8 billion to pay back our loans and $28 billion to run the country”.
Chaudhry further said, “We need to strengthen the country to stand on its own feet, the nation is already under a lot of pressure.”
“It is not our fault that the country is facing inflation,” he continued while adding that “good times are ahead. Nations are made after going through difficulties “.
Stating that the previous governments “drowned the country in debt”, Chaudhry alleged, “They used the nation’s money on unnecessary things or for their own profit.”
“If people pay for their medical treatments abroad through the nation’s tax returns, then what will become of the country?” he questioned. – Agencies
