Ishaq Dar asks critiques of Saudi funding to feel ashamed

Ishaq Dar

ISLAMABAD – The federal finance minister and leader of Pakistan Muslim League-Nawaz (PML-N) Ishaq Dar asked those who were criticizing the government for receiving $ 1.5 billion from Saudi Arabia to feel ashamed as it was not something happened for the first time.

Ishaq was speaking to media personnel on Wednesday when he reminded the critiques that such generosity by the brethren country was not made for the first time.

“Friendly countries have had provided crude oil to Pakistan in Pervez Musharraf’s regime on delayed payments,” he told media.

He also reiterated that in first week of April Pakistan would likely to receive a payment in regard of coalition support fund. According to financial experts, dollar’s value would be further weakened after receiving payment from coalition support fund.

Payments through coalition support fund are being made to Pakistan for its support in terms of providing ground and air transit routes to Afghanistan for international coalition forces stationed in the landlocked neighborhood.

Its worth mentioning here that Pakistan had received $ 1.5 billion from Saudi Arabia earlier in March 2014. Government officials were giving contradicting statements ever since. Federal information minister Pervez Rasheed and adviser to Prime Minister on foreign affairs Sartaj Aziz maintained a stance that Saudi’s fund was nothing but a gift for the people of Pakistan.

President of Pakistan Mamnoon Hussain, however, said on Tuesday that due to high chances of international pressure on Pakistan, the terms and conditions of this funding could not be made public.

About the author

Hissan Khan

Hissan Khan is currently working as the Editorial Head of Pakistan Tribe's Islamabad Office. Having work as current affairs host, news analyst and C4D expert, Hissan holds a good command over communication and development strategies.

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