Pakistan

N-League MNA Qaiser Sheikh lashes out on his govt

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Web Desk

4 years ago

ISLAMABAD: Member National Assembly of Pakistan Muslim League-Nawaz (PML-N) Qaiser Sheikh has lashed out at his government, on Friday.

According to the details, speaking at the National Assembly floor, PML-N MNA Qaiser Sheikh has criticized his government that China is not ready to talk, IMF is not ready to lend, Pakistan is almost bankrupt, and budget makers are those who have their own interests. The country is sinking due to the economic crisis. Inflation is currently 13.3 percent. Inflation will reach 20 percent next month.

He said that all the finance ministers who come do not want to meet the business community, the present government has also appointed finance minister from outside, Miftah Ismail is meeting with IMF and World Bank, Miftah Ismail does not have the qualifications to be finance minister. People in Karachi have always rejected Miftah Ismail.

Qaiser Ahmed Sheikh said that foreign governments have given us money only to keep in banks, Sri Lanka has defaulted in front of us, Pakistan is going through crisis, our country has less than 10 billion dollars in reserves, today The dollar rate has closed at Rs 193 in the interbank market and our focus is on unnecessary matters. Inflation is due to the negligence of the rulers of the country. Things are not being discussed.

On the other hand, the International Monetary Fund (IMF) has given a blunt message to the government that it will not work without raising the price of petrol, which has made it possible for petrol to become more expensive from May 16. According to a private news channel, the IMF has demanded that the subsidy on petrol should be limited and also the general subsidy on petrol should be abolished as it will not be possible without increasing the price of petrol. He asked the IMF to increase the price of electricity and electricity has given a plan to reduce the losses, now the government has to implement these two plans.

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