Meanwhile, the government has decided to approach International Monetary Fund (IMF) to deal with the prevalent financial crisis.
In a video message on Monday, Finance Minister Asad Umar said said that fiscal and monetary actions were needed to be undertaken without delay to correct the underlying imbalances.
He said after taking into account the current situation and consultation with the leading economists, the government has decided to approach the IMF for an economic recovery program.
It is pertinent to mention here that on Monday the stock market index went down as KSE-100 dropped 1,300 points during trading. KSE-100.