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PTI, PML-N trade barbs as Shaukat Tarin’s audio leak about IMF deal goes viral

05:42 PM | 29 Aug, 2022
PTI, PML-N trade barbs as Shaukat Tarin’s audio leak about IMF deal goes viral

ISLAMABAD –  The government and the former ruling Pakistan Tehreek-i-Insaf (PTI) slammed each other over a leaked audio clip of Shaukat Tarin in which he asked Punjab and KP ministers to backtrack from IMF commitments to pressurize PML-N government.

The origin and authenticity of the tape remained a mystery until former finance minister and senior PTI leader Asad Umar came to defend Tarin, who remained in limelight since the audio got leaked online.

In the phone call, Pakistan’s former finance chief is apparently asking Mohsin Leghari and Taimur Jhagra to do a volte-face citing provincial surplus.

Also, Tarin tells Leghari to prepare a letter mentioning the devastating situation after the flood emergency as the reason for not being able to honor the commitment, a move which according to Tarin will pressurise Sharif’s government.

He even gives the rationale behind the extreme move, saying the PML-N-led government should be taught a lesson for creating hardships for the opposition.

Leghari, however, raises questions about Tarin’s move, asking if it would suffer Pakistan. Tarin then says that that’s already suffering the way they treat your chairman Imran Khan and everybody else.

In another audio leak, the Pakistani senator can be heard asking KP finance minister Taimoor Jhagra if he had written the letter on which the latter responded to him, saying he will send the letter soon as he drafts it.

Tarin then tells KP finance chief to highlight flood devastation in the letter. The first point would be about the release of quick funds for the restoration of infrastructure and rehabilitation of flood affectees, adding that he has already briefed Leghari about it.

He even equates the move to a blackmailing tactic, adding that nobody gives money without gambits.

Finance Minister Miftah Ismail immediately rapped PTI leaders, saying they should be ashamed for destroying everything just for the sake of politics.

He even called PTI chairman Imran Khan “a power-hungry person who will do anything to get the premiership.”

But, Pakistan Tehreek-e-Insaf defended Tarin against criticism.

Former human rights minister Shireen Mazari said there was nothing illegal or wrong in the audio call, maintaining that PTI publicly opposed IMF terms.

PTI’s Secretary-General Asad Umar also defended the party strategy, and called on ministers to renegotiate the IMF agreement due to the recent floods as the expenses required for relief operations would make achieving a provincial surplus difficult.

He maintained that Tarin, as a former finance minister, has right to give advice to PTI ministers. There is nothing wrong in Tarin speaking to Jhagra and Leghari on phone and giving advice, Umar said in presser.

The Tarin audio leak controversy comes on the day of an all-important executive board meeting of the International Monetary Fund (IMF) to be held in Washington, where the provision of credit to Pakistan’s bailout package will be considered.

Islamabad has sought billions in loans and investments, of which $1.17 billion would be immediately disbursed to Pakistan and nearly $4 billion would be granted over the remainder of the fiscal year.

Daily Pakistan Global Web Desk


Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 14 April forex rates

Pakistani currency remains unchanged against US dollar and other currencies in open market on April 14, 2024.

US Dollar rate in Pakistan

On Sunday, the US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 14 April 2024

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 299.95 302.9
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.45
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76


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