Dr. Firdous Denies Link of Dollor Hike With IMF Agreement

Special Assistant to Prime Minister for Information and Broadcasting Dr. Firdous Ashiq Awan has denied the reports that the increasing dollar price is a part of the loan agreement between government of Pakistan and International Monetary Find (IMF) and said that no condition has been imposed from the IMF to increase the dollar price.

Dr. Firdous Ashiq Awan said the State Bank of Pakistan is an independent institution that regulates the Banking sector in the country. She said opposition and media should show their responsibility and avoid to spread disinformation regarding the matter.

According to economic experts, the further rupee devaluation is expected in upcoming days. Its worth mentioning that due to currency instability Pakistan is already facing severe economic issues like high inflation rate and others.

She also took to twitter and criticized previous government for destruction of economy.