Pakistan is currently dealing with many economic challenges including rapidly dropping in the foreign exchange reserve of the country
Maryam Sharif, the daughter of former Prime Minister of Pakistan Nawaz Sharif, lashed out at Imran Khan for getting into a ‘bad deal’ with the IMF. She called out the former prime minister for taking “u-turn by breaching the clauses that the country had agreed with the global lender”. The leader also revealed why the IMF doesn’t trust Pakistan. According to her, it’s ‘fitna’, Imran Khan’s wrongdoings.
While in a meeting at Lahore, the Pakistan Muslim League-N president stated, “coalition government had to make some decisions with a heavy heart – including increasing the prices of petroleum products – because of the wrongdoings of the former prime minister,” adding if Khan “had left something in the reserves, the coalition government would have provided relief to the people.”
A local leading daily quoted Maryam, “Continue your support for PML-N and we will get you out of difficulties. We had to raise prices today but had to do it because of Imran Khan. Nawaz Sharif and Shehbaz Sharif will make all-out efforts to get you out of these crises,”
On the other hand, while Imran Khan was at a rally in Islamabad, he slammed the Shehbaz Sharif’s government and stated, “The nation will not accept the imported government. I knew there would be anarchy that evening and people would have come face to face with the police and the rangers. The nation, the police, and the rangers are mine. I don’t want to spread anarchy within my nation. I had set out just for one slogan- imported government unacceptable.”
More about Pakistan’s economic situation:
Pakistan has been facing multiple economic challenges including a rapid drop in foreign exchange reserves. The Pakistani rupee is currently at its lowest against the US dollar. Reportedly, the country has asked the IMF to revive the country’s economy as a bailout program.
Earlier, the country announced a $47 billion budget for 2022-23, to tighten fiscal policies so that the IMF could start bailout payments. However, the global lender concluded that solidified measures are needed to reboot the economy of Pakistan.