Pakistan does not need IMF support anymore: Ishaq Dar

The Finance Minister said by 2050, Pakistan will become the world's 18th biggest economy

Pakistan Finance Minister Ishaq Dar has claimed that the country does not need support from the International Monetary Fund (IMF) anymore.

"Pakistan will soon stop looking towards IMF for assistance. The last session with IMF is underway right now," Dar said in an interview to Dawn online on Monday.

We will not go to IMF for assistance, Dar added.

The Finance Minister said that by 2050, Pakistan will become the 18th biggest economic nation across the world, Dawn online reported.

Earlier, a senior IMF official said that Pakistan's economy was gradually gaining strength and its short-term vulnerabilities were also receding.

 

Clarifying the government's plan regarding the newly envisioned property tax laws, Dar said "we haven't announced any amnesty scheme regarding the transferring of property".

The Federal Board of Revenue (FBR) will now determine the prices of property and all transactions will be done through a transparent process, Dawn online quoted the minister as saying.