ISLAMABAD- Finance Minister Ishaq Dar has dismissed the ‘minus Nawaz’ formula which calls for the resignation of Pakistan’s Prime Minister. Dar stressed that PML-N was keen on electoral reforms and those seeking this should stay within the limits of the constitution. Dar also announced that the government had no plan to devalue the currency. The country's foreign exchange reserves are $14 billion to date, he said.

The budget deficit has been reduced from 8.8 percent to 8.2 percent and foreign remittances have gone up by 7.13 percent to $15.83 billion, Dar concluded.