Tuesday, August 9, 2022

We are in talks with Russia to buy wheat: Muftah Ismail

Finance Minister Muftah Ismail has said that Russia is not ready to supply oil to Pakistan. Russia did not respond to the letter of former Minister Hamad Azhar.

In an interview given to a private TV channel, he said that Russia’s position is that Pakistan did not implement the agreement on gas pipeline project in 2015. What more can we say to you.

“We are in talks with Russia to buy wheat, which has been approved by the cabinet and the prime minister,” he said.

The Finance Minister said that India has 600 600 billion and Bangladesh has سے 40-50 billion in reserves while we have 10 10 billion in reserves. This is a moment of concern for us.

He said that 2. 2.3 billion would soon be received from China which would remain in our foreign exchange.

He further added that they want to increase the limit on late repayment of oil from Saudi Arabia, an agreement is likely to be reached soon, the repayment period of the loan from Saudi Arabia will be extended.

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