Interior Minister Rana Sana Ullah has said PTI should accept its mistake and sit with the government in charter of economy.
“the previous government had entered into such an agreement with IMF which was not compatible with situation in Pakistan. It was promised to withdraw all subsidies but the economic plight of the people is such that we can not do it, he said this in a statement issued here Tuesday.
He held IMF is having the agreement executed by the previous government wherein the previous government had promised to reduce the subsidy to nil. IMF has laid down the same conditions on the basis of which the previous government had signed agreement with it. Ishaq Dar is guiding on economy as he is aware of the situation.
He underlined that the previous government has deteriorated the economy so much that it is becoming difficult to control it now.
When dollar was under control then they raised hue and cry that Ishaq Dar has imprisoned the dollar. When dollar was let free then it rose from Rs 115 to Rs 190 and now in our two months it has surpassed 190.
The difficulty what we are facing is this IMF is not ready to show flexibility in its conditions. We asked IMF that we will increase the price of petrol in three to four installments but IMF did not agree to it. Despite raising the price of petroleum products IMF has not signed to continue the agreement.
The delay in agreement with IMF is only reason behind rise in dollar price, he observed. As soon as agreement is signed we will bring down dollar to Rs 182.
