ISLAMABAD – Pakistan’s central financial institution has dismissed baseless claims relating to freezing or putting restrictions on Security Deposit Lockers, Overseas Forex Accounts, and Roshan Digital Accounts.
An announcement issued by Finance Ministry mentioned that the Pakistani authorities and the State Financial institution guarantee all account holders that their accounts and lockers are utterly secure and that there is no such thing as a proposal into account to place any restriction on them.
It maintained that overseas foreign money accounts are absolutely protected underneath the Overseas Forex Accounts (Safety) Ordinance 2001, and the Pakistani state and SBP are dedicated to defending all of the monetary belongings.
The nation’s new monetary chief Miftah Ismail additionally trashed such claims, saying hypothesis on social websites is wrong and coming from biased quarters.
There may be completely no plan to freeze overseas foreign money accounts or Roshan Digital Accounts or take over individuals non-public lockers. We now have by no means even contemplated these steps. Nor will we ever do it. Hypothesis on social media about that is mistaken and coming from biased quarters.
— Miftah Ismail (@MiftahIsmail) June 6, 2022
Prime Minister will sooner or later announce austerity measures to save lots of authorities expenditures however there’s not going to be any declaration of monetary emergency, he wrote on social media.
