ISLAMABAD: Finance Minister Mohammad Ishaq Dar on Sunday said that the government would try its best to recover the loans that had been written off by public office holders and any other individuals in the past.
Addressing a ceremony to mark the authorisation of payment to the depositors of Innovative Investment Bank Limited (IIBL) here, the minister said the government had strong will to pursue the issue of written-off loans with full commitment.
“In the draft of terms of references (TORs), prepared by the government, there was a clause included according to which all those public office holders whose loans were written-off due to their influence, should be pursued to get back the public money,” he said.
Earlier on Saturday, the finance minister had stated that the Federal Board of Revenue (FBR) is set to achieve revenue target of Rs 3,100 billion this year.
Dar had said that fiscal deficit, which stood at 8.8 per cent of the GDP in 2013, had been brought down to four per cent this year.
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