Pakistan Muslim League-Nawaz (PML-N) senior leader Ishaq Dar stressed the need for finding ways to appreciate the rupee against the greenback.
Speaking in the Senate on Monday, the former finance minister underscored the key points for uplifting the country. “Only stable currency can pave the way for the country’s development," he said.
He recalled PML-N supremo Nawaz Sharif’s tenure, saying, “The country was witnessing economic stability and a boom in exports during the tenure of Nawaz Sharif.”
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Dar bemoaned the depreciation of the rupee against the dollar.
He said: “The dollar was drubbing at the hands of the rupee before October 12, 1999. The rupee also appreciated against the dollar after 2013 for some years.”
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The PML-N stalwart stated: "The devaluation of the rupee against the dollar is the reason for the economic crunch. Sadly, it is the habit of our society to reflect politics in every debate."
"There is a trend of making false claims without any confirmation,” he asserted.
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Dar went on to say there is a dire need to come up with a way of fostering the economy apolitically, which can lead the country towards prosperity.
