Market moving in right direction without using stick: Ishaq Dar

ISLAMABAD (92 News) - Finance Minister Ishaq Dar has claimed that the market is moving in the right direction without the use of the stick.

Addressing a press conference with the APTMA leaders on Thursday, he said that the country's loans have reduced by Rs2,600 billion with a decrease in the value of dollar.

The minister said that the real dollar price is less than Rs200.

"There is need for increasing the exports. The per unit rate of the export sector has been fixed at Rs19.99. The government will bear the difference of Rs90 billion in the rate," he added.

He said that the previous government did not pay any attention to the exports. "The government should give the benefit to the businessmen and farmers for improving the economy. We had said goodbye to the IMF, but the previous rulers again approached the IMF," he maintained.