ISLAMABAD, Oct 14 (APP): The spokesperson of the Ministry of Finance on Thursday expressed disappointment over the assertions made by 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 has clarified that Finance Ministers of other countries have also been receiving the said award in the past many years.

The spokesman in a statement 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.

The same correspondence is being attached again with this press release.

The email of October 4, 2016 received from the publication had also clearly stated that “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 the Pakistani Ambassador to USA Jalil Jilani in the official function held in Washington on October 8, 2016.