Pakistan Army Chief assures businessmen 'worst is behind us'

by IANS |

Islamabad, March 8 (IANS) Pakistan Army chief General Asim Munir, in a meeting with the top 10 businessmen of the country assured them in the presence of Finance Minister Ishaq Dar that the worst is behind us, the country has overcome the possibility of default and we will prevail as a nation, The News reported.

The Pak Army chief sounded optimistic throughout the meeting and exuded confidence that the current economic difficulties would be overcome. He asked the businessmen to stay firm and confident, The News reported.

According to a source, the army chief told the top businessmen representing different sectors that nations face difficult times and we are also facing tough times, but the worst is behind us and we will prevail. General Asim repeatedly referred to Islamic teachings to assure his audience that Pakistan will successfully overcome the present testing times.

One of the participants, who attended the meeting but insisted to remain anonymous, said the businessmen had requested the army chief for this meeting. Finance Minister Ishaq Dar was invited by the army chief to attend the session, which was termed very successful by the businessmen, The News reported.

The businessmen were told by the army chief and the finance minister all prior conditions of the IMF had been met and the deal was expected to be done within days. The meeting was told the IMF has asked that agreements with friendly countries for the provision of dollars to boost the country's foreign exchange reserves should also be documented.

The businessmen were told commitments had been secured from friendly countries for investments in agriculture, mining and IT. The government expects advanced equity from these countries. It was said the civil and military leadership acted in tandem for securing these commitments, The News reported.

The businessmen conveyed to the army chief the nation expected the military would not allow polarisation and chaos to deepen any further.

The source said the army chief said the military was playing its role and trying to develop unanimity.

Ten businessmen -- five each from Lahore and Karachi -- met the army chief, The News reported.

Latest News
Karnataka Congress stages empty pot protest in Bengaluru against Centre Sat, Apr 20, 2024, 04:27 PM
Iranian foreign minister in New York: Ease Middle East tensions Sat, Apr 20, 2024, 04:26 PM
HK, Singapore food regulators red flag 'cancer-causing' ingredient in certain MDH, Everest spices Sat, Apr 20, 2024, 04:13 PM
Gujarat contributes over 8.3% to national GDP: FM Sitharaman Sat, Apr 20, 2024, 04:12 PM
Turkey's President Erdogan to meet Hamas chief in Istanbul Sat, Apr 20, 2024, 04:11 PM
HDFC Bank posts Rs 16,511 crore net profit in Q4, declares dividend of Rs 19.5 per share Sat, Apr 20, 2024, 04:03 PM
Constituency watch: Massive MPLAD spending by MP keeps BJP ahead in Bankura Sat, Apr 20, 2024, 03:58 PM
Iraq: One dead, 8 injured in blast at pro-Iran militia's facility Sat, Apr 20, 2024, 03:47 PM
Reunited with family, 95-yr-old great grandma from Bihar seeks to cast vote Sat, Apr 20, 2024, 03:45 PM
Delhi court reserves order on Sisodia's regular bail pleas; he withdraws interim plea to campaign for LS polls Sat, Apr 20, 2024, 03:18 PM
Viksit Bharat Ambassador meet-up: India will be among world's top 3 economies by 2027-28, says Hardeep Singh Puri Sat, Apr 20, 2024, 03:16 PM
Man reported dead after self immolation near court during ex-US Prez Trump's trial Sat, Apr 20, 2024, 03:15 PM
Formula 1: Verstappen on pole for Chinese Grand Prix, Hamilton to start at 18th position Sat, Apr 20, 2024, 03:14 PM
Athletics: US quartet breaks distance medley relay world record in Eugene Sat, Apr 20, 2024, 03:13 PM
Golf: Field announced for 2024 China Open as DP World Tour returns to Shenzhen Sat, Apr 20, 2024, 02:03 PM