Rupee Must Be Strengthened If Imports Reduced By $5bn: Shaukat Tarin.

Former finance minister Shaukat Tarin on Sunday questioned Finance Minister Miftah Ismail, saying that if the imports of $5 billion were reduced, the rupee should have strengthened.

Taking to Twitter, Tarin wrote, 'But the rupee is in a free fall. Reason because you have stopped all major imports. Banks are not opening/retiring elcees'.

While lashing out at Miftah, Tarin penned, 'July has still not closed and yet you have announced reduced imports of $5bn as an achievement.'

In another tweet, Tarin said, 'There were no major oil imports in July as you did so in June...