Former finance minister Shaukat Tarin addressing a press conference on January 27, 2023. Screengrab of a Twitter video.
ISLAMABAD: Former finance minister Shaukat Tarin on Saturday responded to Ishaq Dar’s press conference and stated that the epic failure of his ‘dollar peg’ policy proved again that he was unfit for the job, as he did not have even basic understanding of markets and economic policy.
In a detailed response to Dar’s statement, the PTI government’s finance minister said they hoped that Ishaq Dar would do an honourable thing and hand over his resignation for misleading the nation, causing immeasurable sufferings to citizens through record-high inflation, and taking the economy to the brink of default.
On the day the exchange rate posted another record low of 262 to the US dollar, there was no clarification from Dar, who used to boast that he would bring the dollar rate to below 200, Tarin said.
The…
