Gov't releases Rs 549.98 bln for development projects

ISLAMABAD, Oct 15 (APP): A spokesperson of the Ministry of Finance has expressed disappointment over the assertions made by a few people who, with ulterior motives, have been twisting the facts regarding the award of “Best Finance Minister of the Year for 2016” to Senator Muhammad Ishaq Dar by Emerging Markets publication.

The spokesman, in a statement, clarified that finance ministers  of other countries have also been receiving the said award in the past  many years.

He made it clear that Emerging Markets is a financial trade
newsletter that widely publishes around spring and annual meetings of  the IMF/ World Bank and gives awards every year to finance ministers  and central bank governors.

The press release issued by the Ministry of Finance on October 8, 2016 had contained full correspondence with the said publication so as to avoid any misunderstanding, he added.

The email of October 4, 2016 received from the publication
had also clearly stated, “It is with great pleasure that we
write to inform you that Emerging Markets, the newspaper of the IMF / World Bank Annual Meeting, has named you Finance Minister of the Year for South Asia”.

The award was officially received by Pakistan’s Ambassador
to the United States Jalil Jilani in the official function held in Washington on October 8, 2016.