View attachment 524245
Says he found out about the development through media
Lahore (UrduPoint / Pakistan Point News – 3rd December, 2018)
Prime Minister Imran Khan has expressed his incognisance over the historic devaluation of
Pakistani rupee against the US
dollar.
The
prime minister held a meeting with senior journalists and anchorpersons on Monday.
The
prime minister talked at length over various issues facing the country, including political, economic and foreign policy challenges.
During the meeting, the
prime minister told anchors that he and Finance Minister
Asad Umar did not know that the State
Bank was devaluing the rupee.
“This happened earlier too. When the
price of
dollar touched a record-high against the rupee, I was not informed beforehand. The central
bank had devalued the
Currency and it’s an institution which overlooks these matters,” the premiere added.
He said that he found out about the development only through
media, adding that the government is now considering a mechanism to ensure this does not happen in the future.
Dollar reached a record high of Rs 142 in the inter-bank
market with an increase of Rs 8 on Friday.
As the
dollar reached a record high on Friday, other currencies had also sky rocketed against the
Pakistani rupee.
The inflation was doubled by the end of
November while
dollar was appreciated by Rs 5.06 in a single week.
The devaluation has already caused an increase in inflation and interest rate, effecting investment in the country.
With a record high increase in the value of
dollar, the country’s debts have also soared to Rs 760
billion.
https://www.urdupoint.com/en/pakistan/pm-imran-says-he-was-not-aware-of-rupee-deval-495701.html
@Maarkhoor @Tameem @Jinn Baba @BATMAN @Canuck786 @CIS-TRANS @Proudpakistaniguy @volatile @SmartGeek @Major Sam @Umair Nawaz
Guys... Kindly someone tell me plz. Is the country being run on autopilot, i mean who is incharge?? Who is governing the country??