Pakistan Finance Minister Ishaq Dar, who is on an official visit to the United States, has stated that Islamabad is willing to buy fuel from Russia at the same price it was offering India.
In response to a media inquiry, the Minister said on Monday that he hoped the West would have no issue importing the reduced fuel in view of Pakistan’s financial suffering caused by extraordinary recent floods that ravaged major portions of the country, according to The News.
Dar stated that the Centre coalition government has ample time to return to the political arena.
“Ten 10 months are enough for the government to restore its political prestige and win popularity. We were to select one thing among the two: either to save our politics or the state. We opted for the second,” He remarked this while remarking on the by-poll results.
In response to a question about US President Joe Biden’s remarks on Pakistan’s nuclear programme, he stated that Prime Minister Shehbaz Sharif had already stated that the country has a strong command and control structure in place.
He noted that the US authorities frequently admit it.
“I have held 58 meetings with the heads of international financial institutions, the US, Saudi Arabia and other countries’ authorities during my four-day stay in Washington.”
Dar stated that the World Bank and the United Kingdom conducted a roundtable session to examine the floods in Pakistan.
He noted that the UNDP, ADB, and World Bank officials submitted a combined report there.
Floods caused $32.40 billion in losses in Pakistan, according to the research. Pakistan would require more than $16 billion for reconstruction efforts, according to the Minister.
Dar also expressed hope that Pakistan would be removed off the Financial Action Task Force’s grey list (FATF).
He stated that Pakistan fought hard to remove itself from the grey list.
A meeting was scheduled for a few days later, and the government hoped that the country would be removed from the FATF’s grey list, according to the report.