Visible Economy Increase In Last 3 Months: Asad Umar

ISLAMABAD, (UrduPoint / Pakistan Point News - 16th Nov, 2018 ) :Federal Minister for Finance Asad Umar Friday said in last three months there was a visible increase in the country's economy.

Talking to a private news channel, he said that when Pakistan Tehreek-e-Insaf (PTI) government came in to power, the country was going through economic crisis and the government was considering all the options to uplift the economy.

The Minister said both the foreign visits of Prime Minister Imran Khan were very successful, which helped in settling the economy of the country.

Asad Umar said: "The government was taking loan on minimum interest rate, rather looking for financial aid".

He said that bailout package was unavoidable from the International Monetary Fund (IMF) to help country's economic challenges.

He said the government has no plan so far to privatize Pakistan Steel Mills (PSM), Pakistan International Airline (PIA) and Pakistan Railways (PR).

He said that there was a good coordination and working relationship with all provinces and there was nodifference of opinion among the federal and provincial governments.