14.6 C
Athens
Τρίτη, 5 Νοεμβρίου, 2024

Pakistan left with no choice but to accept IMF-dictated budget: Minister

Περισσότερα Νέα

- Advertisement -

Pakistan Federal Minister for Climate Change Sherry Rehman on Wednesday accused the Imran Khan’s policies of bringing the country on the verge of bankruptcy and said that they are left with no choice but to accept the budget on the terms of International Monetary Funds.

While taking part in a debate on the federal budget for the fiscal year 2022-2023 in the Pakistan National Assembly, Rehman said, “This is absolutely an IMF budget. There is no doubt about it,” Dawn reported.

Besides the Climate Change Minister, almost all the lawmakers criticised the Pakistan Tehreek-i-Insaf (PTI) government and its leader Imran Khan for allegedly ruining the country’s economy.

“If this is an IMF budget, then who has tied us with the IMF?” Rehman asked while alleging that the PTI government during its four-year regime, had taken the country towards a default. She further said that PTI was still waiting to create anarchy in the country after leaving its economy on the ventilator.

- Advertisement -

According to the publication, the federal minister justified the decision of her party to form the government after ousting Imran Khan from the throne despite knowing that they might have to pay a heavy price for the next general elections and warned that otherwise, the country was heading towards a default like Sri Lanka.

“Pakistan was heading downwards with a great speed like a train on a slippery slope…The new unity government has only put brakes and nothing else. This is called crisis management,” Rehman said, adding that no government wanted to put the burden on its masses. At the same time, she told the house that the nation would have to bear some more difficult decisions.

Rehman claimed that the PTI government had tied the new government to the worst IMF agreement and then violated it, leaving the country exposed to the entire multilateral financial system, according to Dawn.

“Unfortunately, even after leaving the economy in tatters, they continue to stoke fires of political instability in the country, which is extremely dangerous for Pakistan, especially now,” she said.

“When they [PTI] came to power they said they would end corruption. Instead, Pakistan now ranks 140th in the Transparency International Corruption Index, from its previous place of 117th. Let us not forget the foreign gifts that Imran Khan bought at steep discounts only to sell them abroad,” Rehman said, adding the PTI made promises with the IMF, took loans, and spent money on unsustainable programmes.

“This is a poisoned chalice that the PTI has left for us, but as it has in the last two months, this government will take those difficult decisions; there will be hard times and harder times before we get to stabilisation,” the federal minister said as quoted by Dawn.

She noted that over 70 years, the different governments had negotiated about 23 IMF programmes but always tried to put the minimum burden on the common man.

Notably, Pakistan’s Finance Minister Miftah Ismail presented the budget for the fiscal year 2022-23 (FY23) in the National Assembly on Friday.

- Advertisement -

ΑΠΑΝΤΗΣΤΕ

εισάγετε το σχόλιό σας!
παρακαλώ εισάγετε το όνομά σας εδώ

The reCAPTCHA verification period has expired. Please reload the page.

Ροή ειδήσεων

ΣΧΕΤΙΚΑ ΑΡΘΡΑ

Pakistan is third worst nation globally in terms of law and order: World Justice Project index

In the latest World Justice Project (WJP) Rule of Law Index for 2024, Pakistan has been ranked 140th out of 142 countries, making it...

EU raises concern over Chinese aggression in Taiwan

The European Commission in a report raised concern over China's aggression against Taiwan and suggested that the EU step up exchanges with Taipei, Taipei...

Taiwan detects 6 Chinese military aircraft, 9 vessels around territory

Taiwan's Ministry of National Defence (MND) reported Chinese military activity near the island on Tuesday and said that by 6 am (local time), six...

China Tries to Blot out Tibetan Criticism of Mining Firm’s Damage to the Environment 

Chinese censors are trying to prevent people from viewing posts that allege severe environmental damage in Tibet caused by sand mining. A young Tibetan man...

ΔΗΜΟΦΙΛΗ ΑΡΘΡΑ

Προειδοποίηση Ρεπουμπλικάνου βουλευτή στις ομοσπονδιακές υπηρεσίες για την μεταβατική περίοδο-Επιστράτευση της Εθνοφρουράς

Ο Ρεπουμπλικάνος γερουσιαστής Μπιλ Χάγκερτι, προειδοποίησε τις υπηρεσίες και τα τμήματα της ομοσπονδιακής κυβέρνησης σχετικά με μια πιθανή μετάβαση σε μια μελλοντική κυβέρνηση Trump...

Η αστυνομία συνέλαβε έναν άνδρα που προσπαθούσε να εισέλθει στο Καπιτώλιο των ΗΠΑ με πυρσό και πιστόλι φωτοβολίδων!

Σύμφωνα με την αστυνομία του Καπιτωλίου των ΗΠΑ, ο άνδρας σταμάτησε την Τρίτη κατά τη διάρκεια ελέγχου ασφαλείας στο Κέντρο Επισκεπτών του Καπιτωλίου. Οι...

Αποκλειστικό-Προβλέψεις αγορών για αμερικανικές εκλογές: Τραμπ, 61% πιθανότητες, Χάρις 39%

Πιθανότητες νίκης στις προεδρικές εκλογές των ΗΠΑ Τραμπ: Τραμπ: 61% πιθανότητες, Χάρις: 39% (Βάσει δημοσκοπήσεων και προβλέψεων αγορών) https://twitter.com/spectatorindex/status/1853876689753059404 Σύμφωνα με την Polymarket, μια...

Αποκλειστικό: Πάνω από 10.000 βορειοκορεάτες στρατιωτικοί έχουν φτάσει στη Ρωσία

Πάνω από 10.000 βορειοκορεάτες στρατιωτικοί έχουν φτάσει στη Ρωσία, με έναν «σημαντικό αριθμό» στρατιωτών να έχουν ήδη σταθμεύσει κοντά σε περιοχές της πρώτης γραμμής,...