Commerce Minister rejects rumours of Pakistan’s default risk

Tando Muhammad Khan: Minister for Commerce Syed Naveed Qamar has rejected the rumours that Pakistan is on the verge of default.

Talking to media he said: “Neither Pakistan has defaulted in the past nor it will happen so in the future”.

The Commerce Minister said though there is a pressure on the country's foreign exchange reserves and a few consignments have been stopped at the port.

However, he said the rest of all consignments have been released.

Naveed Qamar blamed Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan for bringing the country on the verge of financial collapse during his government.