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Prevent Shebaz Sharif from letting Pakistani government pass budget – Illinoisnewstoday.com

Prevent Shebaz Sharif from letting Pakistani government pass budget – Illinoisnewstoday.com

Islamabad [Pakistan], May 27 (ANI): Pakistan’s National Assembly opposition leader, Shebaz Sharif, vowed Thursday to prevent Imran Khan-led ruling government from passing the “anti-People’s Budget.” Shebaz said in a statement that she would resist approval because the budget was “contrary to the public interest,” according to Geonews. Pakistan Muslim League-Nawaz (PML-N) President also said he

Islamabad [Pakistan], May 27 (ANI): Pakistan’s National Assembly opposition leader, Shebaz Sharif, vowed Thursday to prevent Imran Khan-led ruling government from passing the “anti-People’s Budget.”

Shebaz said in a statement that she would resist approval because the budget was “contrary to the public interest,” according to Geonews.

Pakistan Muslim League-Nawaz (PML-N) President also said he had instructed the party’s Economic Advisory Board to hold a pre-budget seminar so that the public could understand the reality of the economy.

“Economists will tell the public about the reality of the economy at pre-budget seminars. The public pays daily for government economic manipulation because of inflation,” Shebaz said.

On Monday, Shebaz hosted a dinner reception inviting opposition leaders. However, Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari did not attend the meeting.

“The country’s economic situation is not good because the government has failed miserably in all areas,” Shebaz said during his speech at a rally earlier this week, the Express Tribune reported.

“We need to work with the current administration for national interests, or the people will face a lot of budgetary difficulties. Yes, the government should be given a tough time at budget meetings. It’s political. In the name of accountability taking revenge, “he added.

Meanwhile, PML-N Vice President Maria Muslim League claimed that Pakistan’s Tehreek-e-Insaf (PTI) government lied about the growth of gross domestic product (GDP). ..

The government previously estimated GDP growth in 2020-21 to be 2.1%, and then estimated GDP growth in the next year to 3.94%. Meanwhile, the International Monetary Fund (IMF) and the World Bank have forecast GDP growth in the 1.5% range this year.

Pakistan’s economy is in dire straits and the ongoing COVID-19 pandemic is further affecting economic growth. The World Bank has recently set strict conditions on US $ 1.5 billion in loans, including higher electricity prices and the introduction of new electricity and tax policies, and is already calling on the Imran Khan-led government to review the IMF agreement. I put it in.

Earlier this month, Pakistan’s inflation rate surged to more than 11% as food prices soared as the Ministry of Finance did not make a realistic and professional assessment of price increases in its monthly report. (ANI)

Prevent Shebaz Sharif from letting Pakistani government pass budget

Source link Prevent Shebaz Sharif from letting Pakistani government pass budget

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