Pakistan News

Govt seems to have surrendered ministry of finance, State Bank, FBR to IMF, Said Bilawal Bhutto

ISLAMABAD: Pakistan Peoples’ Party (PPP) chairman Bilawal Bhutto Zardari on Thursday announced that the deal with International Monetary Fund (IMF) won’t be accepted if the deal isn’t approved by the Parliament.

 

Speaking on the floor of Lower House of the Parliament, he lashed out at the PTI-led government’s economic policies and said that the government was the reason behind increase in petrol, gas and electricity prices.

 

The PPP chairman went on to say that the masses were drowning in the Tsunami of inflation, adding that the labourers, farmers and pensioners were being economically murdered.

 

“Common man is suffering due to inflation,” he said and added positive criticism is their interest. “People are dying and they [government] do not even let masses cry,” he added.

 

Bilawal demanded the government to apprise the Parliament about deal with the IMF, adding that the bailout package won’t be accepted if it is not approved by the Parliament.

 

The PPP chairman said not because of the 18th amendment but the country is near to bankruptcy due to government’s inability. Sindh is the only province that has collected its tax, he added.

 

He said: “When there is no direction, the government gets confused and then suddenly the finance minister and State Bank governor are changed.”

 

“It looks like the government has surrendered the ministry of finance, State Bank and Federal Board of Revenue (FBR) to the IMF.”

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