What's new

Qureshi asks IMF to now show flexibility

cricketrulez

FULL MEMBER
Joined
Feb 13, 2010
Messages
326
Reaction score
-2
Are Finance minister and foreign minster on the same page?

https://nation.com.pk/23-Dec-2018/qureshi-asks-imf-to-now-show-flexibility

MULTAN - Foreign Minister Makhdoom Shah Mehmood Qureshi said on Saturday the IMF would have to show flexibility in its behaviour, saying the government did not want to put any burden on people.

READ MORE: Sindh governor inaugurates 'Panahgah' in Karachi
Talking to the media men here, he added that after announcement of financial support from brotherly countries, the IMF should show flexibility. He said that it was PTI government’s policies that the strain in relations with the UAE ended and it had announced three-billion-dollar aid package. He added that Saudi Arabia had already announced an aid and oil package worth $12 billion for Pakistan.

He declared that the Crown Prince of UAE would visit Pakistan in first week of January while Saudi Crown Prince intended to visit Pakistan in February.

He claimed that the results of China and Malaysia visits would soon be before the nation. He said that the PTI government found itself stuck in a quagmire of financial issues right after coming into power but it did not want to put any burden on the people.

He said that the foreign ministry was striving to uplift national economy through economic diplomacy and a two-day conference would be held on December 27-28 which would be attended by the envoys of those 11 countries which could make heavy investment in Pakistan. He disclosed that Prime Minister Imran Khan would present his vision before economic experts and the ambassadors of these 11 countries to make Pakistan an attractive place for investment. He hoped that the conference would leave far-reaching impacts and boost foreign investment in Pakistan.

READ MORE: Unbiased rule of law to be ensured: Fawad
He claimed that a visible change had taken place in foreign ministry after just first three nmonths of the government. He said that the PTI government believed in practical steps rather than making mere claims. He said that the government had put country’s foreign policy on the right track.

Responding to a question, Qureshi said withdrawal of American troops from Afghanistan will lead to peace in the war-torn country. He said that withdrawal of foreign troops from Afghanistan was one of the major demands of Afghan Taliban. He said the new development will boost Afghan peace process.

He disclosed that Pakistan played an arbitrary role for peace in Afghanistan and he visited Afghanistan twice for this purpose. He said that the final decision for peace in Afghanistan was to be made by the Afghans.

He said that the USA had expressed its willingness to hold talks with Taliban and few sessions regarding talks had taken place in Abu Dhabi. He hoped that the recent Abu Dhabi activity would produce positive results. He revealed that Pakistan had released some Taliban leaders to facilitate the talks.

READ MORE: Dortmund edge Monchengladbach 2-1 in German Bundesliga
Referring to Kashmir, he said that Pakistan highlighted Indian barbarianism and violation of human rights in Kashmir. He added that Prime Minister Imran Khan recently telephoned UN Secretary General to get stopped violations of human rights in Occupied Kashmir. He said that Pakistan had been saying since the day first that Kashmir issue could not be resolved with force and UN Human Rights Commission had also endorsed Pakistan’s stance.

He claimed that Pak-US relations improved after PTI’s coming into power. He said that there was no truth in reports regarding release of Dr Shakil Afridi against the release of Dr Aafiya Siddiqui.

Separate budget for South Punjab

To a query on South Punjab province, he said that the government was sincere in making the province as it would further strengthen the federation. He added that good governance in Punjab was subject to its division into two provinces. He said that the PTI believed in devolution of power and it wanted to transfer powers from centre to provinces and provinces to districts. “But we need to chalk out administrative and constitutional line of action for creating the province,” he noted.

READ MORE: Over 3.5 billion people watch 2018 FIFA World Cup
He declared that the government would set up an administrative secretariat in South Punjab and allocate separate budget for this region. He added that the South Punjab sub-secretariat would become functional by next financial year. He said that the creation of South Punjab province required practical measures and not mere political point-scoring.

He said that those political parties, which did not want to create South Punjab province, had raised the issue of Bahawalpur province to create hurdles in way of the province. “But we’ll not let them accomplish their plans. People of Bahawalpur are our brothers and we’ll convince them through talks to develop consensus on the province,” he added.

Answering another question, he said that the government wanted to check mega corruption and flight of capital worth billions to foreign countries. “Work on this task is underway. We’ll bring back our looted money,” he caimed.

About Nawaz Sharif’s conviction, he said that saying anything on this topic was premature. He added that the judiciary was independent while accountability process is nfree and transparent.
 
.
I doubt IMF will show any flexibility given the number of times Pakistan has knocked on IMF's door in the past decades.
 
.
Are Finance minister and foreign minster on the same page?

https://nation.com.pk/23-Dec-2018/qureshi-asks-imf-to-now-show-flexibility

MULTAN - Foreign Minister Makhdoom Shah Mehmood Qureshi said on Saturday the IMF would have to show flexibility in its behaviour, saying the government did not want to put any burden on people.

READ MORE: Sindh governor inaugurates 'Panahgah' in Karachi
Talking to the media men here, he added that after announcement of financial support from brotherly countries, the IMF should show flexibility. He said that it was PTI government’s policies that the strain in relations with the UAE ended and it had announced three-billion-dollar aid package. He added that Saudi Arabia had already announced an aid and oil package worth $12 billion for Pakistan.

He declared that the Crown Prince of UAE would visit Pakistan in first week of January while Saudi Crown Prince intended to visit Pakistan in February.

He claimed that the results of China and Malaysia visits would soon be before the nation. He said that the PTI government found itself stuck in a quagmire of financial issues right after coming into power but it did not want to put any burden on the people.

He said that the foreign ministry was striving to uplift national economy through economic diplomacy and a two-day conference would be held on December 27-28 which would be attended by the envoys of those 11 countries which could make heavy investment in Pakistan. He disclosed that Prime Minister Imran Khan would present his vision before economic experts and the ambassadors of these 11 countries to make Pakistan an attractive place for investment. He hoped that the conference would leave far-reaching impacts and boost foreign investment in Pakistan.

READ MORE: Unbiased rule of law to be ensured: Fawad
He claimed that a visible change had taken place in foreign ministry after just first three nmonths of the government. He said that the PTI government believed in practical steps rather than making mere claims. He said that the government had put country’s foreign policy on the right track.

Responding to a question, Qureshi said withdrawal of American troops from Afghanistan will lead to peace in the war-torn country. He said that withdrawal of foreign troops from Afghanistan was one of the major demands of Afghan Taliban. He said the new development will boost Afghan peace process.

He disclosed that Pakistan played an arbitrary role for peace in Afghanistan and he visited Afghanistan twice for this purpose. He said that the final decision for peace in Afghanistan was to be made by the Afghans.

He said that the USA had expressed its willingness to hold talks with Taliban and few sessions regarding talks had taken place in Abu Dhabi. He hoped that the recent Abu Dhabi activity would produce positive results. He revealed that Pakistan had released some Taliban leaders to facilitate the talks.

READ MORE: Dortmund edge Monchengladbach 2-1 in German Bundesliga
Referring to Kashmir, he said that Pakistan highlighted Indian barbarianism and violation of human rights in Kashmir. He added that Prime Minister Imran Khan recently telephoned UN Secretary General to get stopped violations of human rights in Occupied Kashmir. He said that Pakistan had been saying since the day first that Kashmir issue could not be resolved with force and UN Human Rights Commission had also endorsed Pakistan’s stance.

He claimed that Pak-US relations improved after PTI’s coming into power. He said that there was no truth in reports regarding release of Dr Shakil Afridi against the release of Dr Aafiya Siddiqui.

Separate budget for South Punjab

To a query on South Punjab province, he said that the government was sincere in making the province as it would further strengthen the federation. He added that good governance in Punjab was subject to its division into two provinces. He said that the PTI believed in devolution of power and it wanted to transfer powers from centre to provinces and provinces to districts. “But we need to chalk out administrative and constitutional line of action for creating the province,” he noted.

READ MORE: Over 3.5 billion people watch 2018 FIFA World Cup
He declared that the government would set up an administrative secretariat in South Punjab and allocate separate budget for this region. He added that the South Punjab sub-secretariat would become functional by next financial year. He said that the creation of South Punjab province required practical measures and not mere political point-scoring.

He said that those political parties, which did not want to create South Punjab province, had raised the issue of Bahawalpur province to create hurdles in way of the province. “But we’ll not let them accomplish their plans. People of Bahawalpur are our brothers and we’ll convince them through talks to develop consensus on the province,” he added.

Answering another question, he said that the government wanted to check mega corruption and flight of capital worth billions to foreign countries. “Work on this task is underway. We’ll bring back our looted money,” he caimed.

About Nawaz Sharif’s conviction, he said that saying anything on this topic was premature. He added that the judiciary was independent while accountability process is nfree and transparent.


Where are those who ever saying that we are NOT going to IMF? Please show your face now.
 
. .
you don't close the door

We are in worst financial situation right now and there is no other option but to take IMF loan to prevent default. Riyasat will never compromise on national interest.
Best option is take IMF loan, fix FBR, recover stolen money, and stabilize the economy.
 
. .
Pakistan can't seem to make up its mind whether to go to the IMF or not
 
.
We are in worst financial situation right now and there is no other option but to take IMF loan to prevent default. Riyasat will never compromise on national interest.
Best option is take IMF loan, fix FBR, recover stolen money, and stabilize the economy.

yes these are the statements, beside what is wrong with going to IMF when everyone knows Pakistan is in difficult financial situations, a loan is a loan no matter what the source it
 
.
Where are those who ever saying that we are NOT going to IMF? Please show your face now.
we are still gping going but we have an option of not going...albeit an expensive one

Reason for IMF is that we have to roll over 25-30 b dollars of loans in next 3 years and we need good rating to buy cheaper bonds(10years loans)
 
.
yes these are the statements, beside what is wrong with going to IMF when everyone knows Pakistan is in difficult financial situations, a loan is a loan no matter what the source it

Loan is loan but how you use that loan makes a difference. Previous governments also took the loans but majority of the money was spent on corrupt schemes, fake projects, foreign trips, and in money laundering.
 
Last edited:
.
I doubt IMF will show any flexibility given the number of times Pakistan has knocked on IMF's door in the past decades.

We went for F-16’s many time. And then they didn’t show flexibility. So we came back with a “not again” resolution. Its still good even if they refuse to show flexibility.
 
.
More importantly, why is the foreign minister talking on an issue outside his domain? Sheer unprofessionalism!
 
.
More importantly, why is the foreign minister talking on an issue outside his domain? Sheer unprofessionalism!

it is in his domain if the IMF asks for something in return.
he has asking for flexibility -- not sure what he means
 
. .
or you lack the brains to comprehend what they are doing and how they're playing IMF on purpose ;)

I concur, by failing to give money to Pakistan on favorable terms, IMF will probably be dissolved by next financial year.
 
Last edited:
.

Pakistan Affairs Latest Posts

Country Latest Posts

Back
Top Bottom