June 13, 2022: Federal Minister for Finance Miftah Ismail on Monday said that the government was trying hard to control inflation and it will be overcome in two to three months.
“It was the responsibility of the government to put the country's economy on right track,” he said while talking to a private news channel.
He said to mitigate the deficit, the program's revival with International Monetary Fund (IMF) was necessary to bring down inflation at the earliest, for the betterment of the economy.
He said the government will try to negotiate over the terms of the IMF programme which the former Pakistan Tehreek-e-Insaf government committed to it.
This he said would be done for market stability and will ensure the provision of essential items at cheaper rates.
He said, despite IMF conditions, the government was giving subsidies on oil, ghee, sugar and flour items for easing the burden of poor people, adding that there were structural problems in the country as there was no one who had the will to resolve them except the incumbent federal government.
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