Minister of State for Finance Ayesha Ghaus Pasha has said that Pakistan will fulfill the responsibilities of foreign payments.
Talking to the media in Islamabad, Ayesha Ghaus Pasha said that there was no possibility of Pakistan defaulting.
She said that talks were going on to get $3 billion from Saudi Arabia and talks were also being held with China for $3 billion.
The Minister of State said that the annual holidays of the International Monetary Fund (IMF) were going on and that the government was in touch with IMF officials.
Minister of State for Finance also told that the Finance Minister Ishaq Dar will meet the IMF officials on the sidelines of the Donors Conference. The conference will be held in Geneva on January 9.
Ayesha Ghaus Pasha said that Pakistan will fulfill the obligations of external payments.
Finance Minister Ishaq Dar had said yesterday while speaking to investors at the Pakistan Stock Exchange (PSX) that the country would not go into default, but he did acknowledge that the economy was in a “tight position.”
The finance minister had also stated in his speech that he had always thought that Pakistan had a bright future and an economy with “resilience.” But he regretted that the nation had come to a place where it shouldn’t be and said that it was regrettable.