Pakistan is moving towards improvement in its forex reserves position in the near future: Ishaq Dar

ISLAMABAD, Jan 11 (SABAH): Minister for Finance and Revenue Senator Mohammad Ishaq Dar has said that national foreign exchange reserves always include forex held with State Bank of Pakistan (SBP) and Commercial Banks.

In a statement issued on twitter on Wednesday, Ishaq Dar said that recently he quoted the forex reserves figure based on this principle. Some vested elements who ruined this country’s economy in the past, gave it a deliberate twist and started a campaign as if Government was considering an access to foreign exchange held with Commercial Banks which indeed is the property of the citizens.

Ishaq Dar said that it is categorically denied and clarified that there is no such move under consideration of the Government. Therefore said misconstrued, misinterpreted and malafide, propaganda should be ignored.

Ishaq Dar said that Pakistan is moving towards improvement in its forex reserves position in the near future, InnshaAllah!.