Country put on the road to economic stability: FM

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Finance Minister (FM) Miftah Ismail; has said the country has been put on the road to economic stability.

“PTI government had left behind deficit of Rs 3500 billion. When Imran Khan government came to end then the country was going to become bankrupt. The coalition government saved the country from becoming bankrupt. If we need to increase the prices again we will increase. We will reduce the inflation by 20 percent. There will be no load shedding in next summer season. Imran Khan gave amnesty to his friends and he did nothing for the country, he said this while addressing a press conference here alongwith information minister Marriyum Aurangzeb here Saturday.

He claimed PTI left deficit of Rs 3500 billion every year. The national economy was devastated due to the mistakes and irresponsibilities of four years. Imran Khan borrowed money two and a half time more than us. We have to borrow money from somewhere due to budget deficit.

PML-N obtained loan 10600 billion during 10 years tenure while during Imran Khan 4-year tenure the debt increased 20000 billion dollars.

It was Imran Khan who broke the agreement with IMFand agreement was made one year late.

Imran Khan did not move to solar energy after the fuel prices soared. Now Shahbaz Sharif government is going to install solar tubewells. Government is suffering loss of 1300 billion rupees in power sector.

We had not heard about gas loadshedding in Pakistan and now gas loadsheddijng is also due to Imran Khan. We got installed LNG terminals and power plants. We had ended load shedding when we left the government.

The entire world enters into long term agreements but we don’t know PTI government did what.
\If electricity is available in the country at present it is only due to Nawaz Sharif and Shahid Khaaqan Abbasi. Had Imran Khan even generated one megawatt electricity in his tenure. Did he construct even a single university?

Imran Khan allowed subsidy on petrol due to which country was suffering loss of Rs 120 billion monthly, he added.

We increases pay and pension. We are providing ghee and flour at subsidized rates all over the country..On the other hand Imran Khan did nothing except verbosity.

Friendly country will soon make investment of 1.5 billion dollars in Pakistan, he indicated. Financial package will be given by the friendly country. Another friendly country will provide us oil valuing 1.2 billion dollars on loan.