Ishaq Dar denies speculations of Pakistan’s default.

According to the Finance Minister, these rumors are not only untrue but also contradict the facts.

Finance Minister Ishaq Dar blasted harmful rumors regarding the country’s impending default on Thursday.

In a series of tweets on Thursday, he stated that these rumors were not only untrue but also contradicted the facts.


Despite making all externally due payments on time, the finance minister claimed that SBP’s foreign exchange reserves have been rising and are now nearly $1 billion higher than they were four weeks ago.

He claimed that Pakistan has begun to receive facilities from foreign commercial banks.

Ishaq Dar said that our talks with the IMF are about to come to a close, and we anticipate signing a staff level agreement with them by the end of the week.

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