Former Prime Minister and PTI chief Imran Khan said on Thursday that the present government has lost its credibility inside and outside Pakistan and has no plan to deal with the battered economy.
Addressing his supporters, Imran Khan said that the government has assured that the economy will stabilize after the release of the loan tranche from the IMF, but the economy is still stable despite getting the money after the implementation of strict conditions. Didn’t happen.
Economic stability will not come without political stability. Whatever excuse they give for delaying the elections, the whole nation is bearing the brunt of it.
He lamented that Pakistan has never witnessed this level of inflation as rupee continues to lose its value despite an IMF bailout.
“I can easily claim that PTI is the most popular and nationwide party and the entire opposition is bent on getting a clean chit in their own cases instead of caring about the people of the country. They have no solution to deal with the economic crisis.
He reminded the opposition that before coming to power, they presented Shehbaz Sharif as a person who can solve all the problems, but after coming to power, he failed to make a deal.
“We got the biggest current account deficit of US$ 20 billion compared to the present government which inherited a deficit of only US$ 16 billion,” he said, sharing a comparison, adding that the PTI had a deficit of US$ 9.5 billion. National reserves were inherited while the reserves were $16 billion. A no-confidence motion was moved against him.
He said that even after signing the agreement with the IMF, the government now has foreign reserves of $8.8 billion.
Imran Khan further said that the price of petrol in the international markets was 103 dollars per barrel when he increased the fuel prices to 150 rupees per liter, but the current government increased the price to 230 rupees per liter when the prices in the international markets decreased. has given
He further explained how prices of flour, rice and other basic commodities have been increased, making it difficult for a common man to meet his needs. “These people used to protest against the price hike by our government and take out protest rallies. But what they have done today has exposed them more.
He said that I have no personal interest in the early elections but as these people are only bent on getting a clean chit in their cases, it may cause more damage to the country politically and economically. I once again call for early elections to get the country out of the ongoing crisis.
