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Ishaq Dar assigned to control dollar, bring down rising inflation

Ishaq Dar assigned to control dollar, bring down rising inflation

LONDON: PML-N supremo Nawaz Sharif has assigned his close aide and party’s finance, Ishaq Dar, to control the dollar that is rising and reduce inflation which has affected the government badly.

The finance that is former has departed from London for Islamabad after staying in exile for 5 years in the UK where he previously gone for treatment.

The PML-N has announced that Dar takes oath as senator immediately after reaching Pakistan and assume the finance ministry charge following resignation of Miftah Ismail.

The PML-N frontrunner stated that Pakistan’s economy, under Nawaz, was on its option to becoming one of the strongest worldwide economies, with low-interest rates, decade-high growth, a stable rupee, and a forex book that is huge.

“This are going to be my aim. To bring Pakistan’s economy back on track. The economy is consistently faltering,” the leader that is PML-N.

Dar will face challenging times upon his arrival as the Pakistani rupee has recently escaped an low that is all-time the dollar, the stock market has been lackluster, and forex reserves are continuously depleting standing at $8,346.4 million as of September 16.

Ishaq Dar return comes after an accountability court week that is last his outstanding arrest warrant and offered Dar a fortnight to appear before the court.

Accountability Court Judge Mohammad Bashir suspended the arrest warrant issued on 11, 2017  within the assets beyond means case December.

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