Ministry of Finance clarifies news reports about Dr. Waqar Masood’s transfer
Monday, February 13th, 2012 7:44:24 by Fayyaz YaseenMinistry of Finance clarifies news reports about Dr. Waqar Masood’s transfer
Islamabad: (Monday, February 13, 2012) Ministry of Finance’s spokesperson today clarified the news reports published yesterday in which the transfer of Dr. Waqar Masood was attributed to disclosure of facts by the International
Monetary Fund (IMF) according to which the government’s budget deficit was underreported by Rs. 532 billion by the Ministry of Finance.
Contradicting the report, the finance ministry spokesperson further said that the news report was not based on facts. He said that the 2011 Article-4 Consultations Report of the international financial institution was very much
available on the internet, according to which it could be verified that the facts reported in the news report were not correct and were based merely on speculations.
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