Imran Khan left after laying landmines for new government: Miftah Ismail – Pakistan

Published on May 04, 2022 10:29 p.m.

Miftah Ismail praises PTI’s Kamyab Jawab initiative

KARACHI (Dunya News) – Finance Minister Miftah Ismail said on Wednesday that former Prime Minister and President of Pakistan Tehreek-e-Insaf (PTI) Imran Khan left after laying landmines for the new government, while inflation has come down and the rupee is improving.

Addressing a press conference in Karachi on Wednesday, he said they were getting a good response during the UAE visit and that Saudi Arabia will also announce an oil credit limit soon.

Blaming the PTI regime for what he called incompetence in dealing with the country’s economic challenges, the minister said: “They told the IMF that they would not offer subsidies on petrol and would instead impose Rs 30 and 17% sales tax which means that according to the agreement with the PTI the price of petrol should have been Rs 295 not Rs 150.

Ismail said that since Prime Minister Shehbaz took office, the government’s main focus has been on reducing commodity prices. He claimed that the PTI government had made agreements that were difficult to keep.

He further added that sugar is now sold at Rs 70-75 per kg and 10 kg bag of flour is sold at Rs 400, adding that “we have raised the price of 20 kg bag of flour from 1100 rupees to 800 rupees.

The Minister went on to say that the PTI Chairman’s government has raised interest rates and borrowed Rs 20 trillion during his 3.5 years in office which is 80% of all borrowings taken by government for the past 71 years.

“Former Federal Minister Fawad Chaudhry used to say that Miftah Ismail’s business flourished in Imran Khan’s government and held it up as proof that Khan’s government was working well,” he said. he declares.

Regarding the price of ghee, Miftah said it is currently available in utility shops for Rs260/kg and also claimed that the PTI Chairman left behind record inflation caused by deficits and record debts.

The finance minister also commended the Kamyab Jawan initiative launched by the PTI government and pledged to continue the youth empowerment program.

He admitted that the previous PTI government had done good things like the Kamyab Jawan program which will be continued by the PML-N government.

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