"Will Take Some Time To Set Economy On Right Path": Pak Finance Minister
NDTV
The finance minister claimed that the most difficult reforms have already been undertaken, bleeding is over now.
Pakistan Finance Minister Ishaq Dar has said it will take some time to set the economy on the right path in the face of gigantic financial problems, Pakistan based The News International newspaper reported.
Dar while talking to a delegation of the Karachi Chamber of Commerce and Industry (KCCI) on Saturday, said: "There's no quick fix, and it will take time as we had faced such challenges in 1998 and 2013; but all of those challenges were efficiently tackled in due course of time."
According to a statement issued by the KCCI, the minister said that in 2017, everyone was applauding Pakistan's performance, and the economy was performing at its peak with the highest foreign reserves and lowest inflation.
"The stock markets were the best-performing markets of the region," he claimed, adding that Pakistan was going in the right direction but the political instability destroyed everything, plunging Pakistan's economy from 24th position to 47th position in 2022, which was painful for all Pakistanis.
