PML-N says country’s economy in danger zone
Ahsan Iqbal also lambasts govt for its failure to deal with Kashmir crisis
ISLAMABAD:
[fbvideo link=" https://www.facebook.com/pml.n.official/videos/507179746751017/"][/fbvideo]
Pakistan Muslim League-Nawaz (PML-N) on Monday accused Prime Minister Imran Khan led federal government of jeopardising the country's economy and said the only solution to the current economic crisis is to send the government packing.
The PML-N also claimed that the government has failed to address the crisis that emerged after India on August 5 revoked special status of Indian Occupied Kashmir (IOK) and has shown confusion in its foreign policy, failing to rise to the occasion.
“The economy has entered the danger zone and the only solution to the current economic crisis is to remove the government,” said PML-N leader Ahsan Iqbal while addressing a press conference together with PML-N spokesperson Marriyum Aurangzeb and former Sindh governor Muhammad Zubair.
“The claim of Naya Pakistan has proven to be a fraud. The government does not have any plan,” he said.
Iqabl said devaluation of the rupee by 40 per cent added trillions of rupees to the pile of debt and the budget deficit reached 8.9 per cent within a span of a year.
“The policies of the current government have halted our economic growth. The government seems to be helpless in collecting taxes. A country is bound to rely on loans if it fails to collect taxes,” he added.
He said there was no example of a country losing its growth rate by 3.5 per cent within a year.
“The foreign direct investment has shrunk by 50 per cent in just one year. The government is increasing its expenditures while the revenue remains stagnant.
“Industrial sector has stopped to grow and factories are closing down. We are no more dealing with a selected prime minister; we are dealing with a 'rejected' prime minister.
“The policies of the government are a threat to national security. It appears that the only solution is to send the government home,” he said, adding that the opposition parties have started to chalk out a plan to oust the government.
Iqbal censured the prime minister and the foreign minister for their lack of seriousness in dealing with the Kashmir issue. “Imran Khan should visits to world capital. Why the premier is not visiting Islamic countries to call an emergency session of the Organization of Islamic Cooperation?”
PML-N leader Marriyum Aurangzeb said the government is celebrating its own incompetence.
“Over two million people have been rendered jobless. The facilities for free medicines at public hospitals have been withdrawn. The ministers want to stage a new drama by waving documents. The judges of the courts are changed upon instructions arriving through WhatsApp.
Sindh former governor Zubair said the country could not sustain the ongoing situation.
“The economy is on the brink of collapse while the government is foolishly celebrating collection of taxes. Imran Khan neither has any team nor any plan to revive the economy, “he said.
[fbvideo link=" https://www.facebook.com/pml.n.official/videos/507179746751017/"][/fbvideo]
Pakistan Muslim League-Nawaz (PML-N) on Monday accused Prime Minister Imran Khan led federal government of jeopardising the country's economy and said the only solution to the current economic crisis is to send the government packing.
The PML-N also claimed that the government has failed to address the crisis that emerged after India on August 5 revoked special status of Indian Occupied Kashmir (IOK) and has shown confusion in its foreign policy, failing to rise to the occasion.
“The economy has entered the danger zone and the only solution to the current economic crisis is to remove the government,” said PML-N leader Ahsan Iqbal while addressing a press conference together with PML-N spokesperson Marriyum Aurangzeb and former Sindh governor Muhammad Zubair.
“The claim of Naya Pakistan has proven to be a fraud. The government does not have any plan,” he said.
Iqabl said devaluation of the rupee by 40 per cent added trillions of rupees to the pile of debt and the budget deficit reached 8.9 per cent within a span of a year.
“The policies of the current government have halted our economic growth. The government seems to be helpless in collecting taxes. A country is bound to rely on loans if it fails to collect taxes,” he added.
He said there was no example of a country losing its growth rate by 3.5 per cent within a year.
“The foreign direct investment has shrunk by 50 per cent in just one year. The government is increasing its expenditures while the revenue remains stagnant.
“Industrial sector has stopped to grow and factories are closing down. We are no more dealing with a selected prime minister; we are dealing with a 'rejected' prime minister.
“The policies of the government are a threat to national security. It appears that the only solution is to send the government home,” he said, adding that the opposition parties have started to chalk out a plan to oust the government.
Iqbal censured the prime minister and the foreign minister for their lack of seriousness in dealing with the Kashmir issue. “Imran Khan should visits to world capital. Why the premier is not visiting Islamic countries to call an emergency session of the Organization of Islamic Cooperation?”
PML-N leader Marriyum Aurangzeb said the government is celebrating its own incompetence.
“Over two million people have been rendered jobless. The facilities for free medicines at public hospitals have been withdrawn. The ministers want to stage a new drama by waving documents. The judges of the courts are changed upon instructions arriving through WhatsApp.
Sindh former governor Zubair said the country could not sustain the ongoing situation.
“The economy is on the brink of collapse while the government is foolishly celebrating collection of taxes. Imran Khan neither has any team nor any plan to revive the economy, “he said.