ISLAMABAD: Finance Minister Ishaq Dar promised on Monday that the dollar would fall below 200 against the rupee, accusing PTI Chairman Imran Khan of destroying the country’s economy.
The finance minister stated on Geo News’ Capital Talk that the actual value of the Pakistani rupee is less than 200 against the US dollar and that it will be devalued because it is currently undervalued.
Dar said of Khan’s recent public speeches, “Judging from his speeches, Khan appears frustrated.”
Dar suggested that only Khan is destined for “deal and dheel (favouritism),” implying that the PTI chief is still a “blue-eyed” boy.
In addition, he stated that the PTI chairman’s political achievements are “the result of deals.”
“Imran Khan held the sit-in in exchange for a deal,” he said, adding that the PTI chairman held Islamabad “hostage” for 126 days, delaying the China-Pakistan Economic Corridor (CPEC) project by a year.
Dar warned Khan of serious consequences and urged him to take him seriously and stay within his limits.
The finance minister went on to say that Khan and his entire team are obsessed with him because they are afraid that the PML-N will once again stabilise Pakistan’s economy as they did in 2013.
Dar reiterated his suggestion that the country require an economic charter.
“The Pakistan Bureau of Statistics (PBS) is an independent institution that does not engage in manipulative activities,” Dar said in response to a question about PTI leader Hammad Azhar’s accusation that the finance minister manipulated economic data.