ISLAMABAD: Senior PML-N leader Ishaq Dar believes that the government should renegotiate the bailout package provided by the International Monetary Fund (IMF) to Pakistan.<\/p>\n
Dar, while speaking at a private news channel, said that in his opinion Pakistan should re-negotiate with the IMF.<\/p>\n
During the show the former finance minister said that the global lender was asking Pakistan to increase the price of petroleum products, adding that the \u201ccomplete burden\u201d of the price hike should not fall on the people.<\/p>\n
Dar said that the PTI government had agreed to the IMF\u2019s package on \u201cvery strict conditions\u201d.<\/p>\n
\u201cWe have to run the country and not ruin it by taking dictations,\u201d said the former finance minister. He added that the PML-N government would give a subsidy on wheat that would decrease its price within two days, adding that the KP government should also reduce the price.<\/p>\n
\u201cThe country\u2019s situation is like this because due to the last government\u2019s incompetence,\u201d said Dar. He added that the PTI government did not work on increasing the revenue of the country.<\/p>\n
\u201cPTI government knew it was going that\u2019s why they decreased the price of petroleum,\u201d said Dar. He also slammed the last government for the free-floating of the dollar, which he believed had ruined the country.<\/p>\n
\u201cReducing monetary policy by 1% would have save billions of rupees for Pakistan,\u201d said the former finance minister leader. He added that the PML-N government from 2013-18 had managed the cash flow.<\/p>\n
The PML-N leader claimed that Pakistan had lost Rs4 trillion by free-floating of the dollar by the PTI government.<\/p>\n