Miftah Ismail says Pakistan on 'right track', but warns of more bad days

Miftah Ismail says Pakistan on 'right track', but warns of more bad days

Miftah Ismail says Pakistan on 'right track', but warns of more bad days

KARACHI: Finance Minister Miftah Ismail said Friday that Pakistan was heading in the right direction, but he did not rule out the possibility of the country facing bad days ahead.

In his address to an event at the Pakistan Stock Exchange (PSX) in the metropolis, the finance minister said: "We are on the right track, but obviously we might see bad days. However, we are on the right track and if we control our imports for three months, we can boost our exports through various means."

The incumbent government faced an uphill task of ending oil and power subsidies when it came to power — and after much deliberation, it did put an end to them as the country needed the support of the International Monetary Fund (IMF).


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