Pakistan’s growth model facilitates only the top 1 per cent elite, says former finance minister Ismail

Updated: Oct 4 2022 10:24PM

Islamabad, Oct 4 (PTI) Former finance minister Miftah Ismail has termed Pakistan’s growth model as topsy-turvy that only facilitates the top 1 per cent of the country’s elite.

Last month, Ismail stepped down from his post to make way for senior Pakistan Muslim League-Nawaz (PML-N) leader Ishaq Dar to take over the reins of the country’s cash-strapped economy that is reeling under the onslaught of the cataclysmic floods.

Speaking at an awards ceremony organised by the Management Association of Pakistan in Karachi on Monday, Ismail said there’s “something very wrong” with Pakistan.