Talking to a private media channel, he dismissed rumors of Pakistan's bankruptcy and assured that the economic situation is expected to improve in 'a few weeks' time’.Qamar Zaman Kaira urged the PTI Chief to play his constitutional role by staying in assemblies and remaining part of the political process.Talking about postponement of local bodies elections in Islamabad, he said carrying out the Court's decision to conduct the elections within 12 to 14 hours was almost impossible.However, the PM’s adviser, noted that the country would not default as the economy was heading towards right direction. “The Dollar was now stable after our government came into power,” he said, adding that friendly nations also helped to stabilise the country’s economy.Qamar Zaman Kaira said efforts were underway to fulfill demands of Muttahida Qaumi Movement-Pakistan (MQM-P), assuring that matters with the ‘ally’ would be resolved soon.The PPP leader also said that local government (LG) elections should be held in Islamabad.kaira rejected the allegations of horse-trading ‘levelled by Imran Khan and Fawad Chaudhry, claiming that their own people want to leave the Pakistan Tehreek-e-Insaf (PTI) due to its fascist attitude.