Shaukat Tarin: Pakistani currency will be used for trade with Afghanistan
Federal Minister for Finance Shaukat Tarin said that Pakistani currency will be used for two-sided trade with Afghanistan, as an alternative to the US dollar.
The minister exposed it in a meeting of Senate’s Standing Committee on Finance, adding that the bordering counter, where the Taliban has just publicized their temporary government structure, is facing a lack of dollars as international financial institutions have detained its assets.
Shaukat Tarin more stated that Pakistan might refer human resources to Afghanistan to operate many affairs as the Taliban has derived into power again later a break of two decades.
The finance minister also called food prices the main concern of Pakistan and said that the present account shortage has been viewing a rush since April.
The finance minister said to the senators that Pakistan established $450 million from the Asian Development for procurement of COVID-19 vaccines.
He also promised to take the country’s GDP growth to 4.8% during the present fiscal year 2021-22.
Indian hackers targeted the Federal Board of Revenue (FBR) database a few days ago, according to the finance minister, who also stated that the revenue authority’s system is being updated.
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