WASHINGTON: Finance Minister Ishaq Dar has hinted at buying Russian oil, provided Moscow sells the fuel to Pakistan at the same rate that it is giving it to India.
Dar said in Washington that hopefully West wouldn’t have any objection over the import of Russian oil at a discounted rate amid Pakistan’s economic crisis which was further aggravated by the recent catastrophic floods.
The finance minister said that the current government has sufficient time to make a political comeback. “10 months are enough for the government to restore its political prestige and win popularity. We were to select one thing among the two: either to save our politics or the state. We opted for the second,” he said while commenting on the by-polls results.
Dar added the government was optimistic that Pakistan will be removed from Financial Action Task Force’s (FATF) grey list. The finance minister was in Washington on a four-day visit where he met officials from IMF, World Bank and other organizations.