Thursday May 05, 2022

Fawad Chaudhry Says Economy Running ‘Without A Driver’

Ex-Information Minister and Pakistan Tehreek-e-Insaf leader Fawad Chaudhry criticised the newly-formed government over its new economic policies.

Taking to Twitter on Thursday, Chaudhry said that the inflation rate in the country has reached a three-year high, while the government’s hopes to grab monetary benefits from allies Saudi Arabia and United Arab Emirates (UAE) remained unmet.

Inflation increased by 13.4% on year-on-year basis in April 2022 as compared to an increase of 12.7 percent in the previous month and 11.1% in April 2021, revealed Pakistan Bureau of Statistics (PBS).

Meanwhile, Chaudhry said that the government’s policy on fuel prices remains unclear. “The economy is practically running without a driver,” he said, adding that the “interim government” is just whiling away time.

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