Wednesday September 14, 2022

PTI Did Not Follow IMF Deal: PM Shehbaz Sharif

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday urged the nation, particularly the influential and affluent classes to play their due role to change the nation’s fate through firm resolve and solid actions.

“Where does Pakistan stand today despite passage of 75 years? This is a pinching question… We are moving in a circle all the time… This is now or never,” the prime minister said addressing the Lawyers Convention here.

He said the nation wanted to know as why the Quaid’s dreams remained fulfilled as millions of the people were faced with poverty.

He said unfortunately, even the smaller nations as well as the neighboring countries had achieved immense progress leaving Pakistan behind.

Referring to the massive destruction caused by the floods, the prime minister said hundreds of thousands of the flood-stricken people were about to brave the upcoming harsh cold winters and 0.6 million pregnant women were also compelled to stay at tents.

Shehbaz Sharif said the country was faced with climate-induced destruction.

He told the lawyers community that as the coalition government was formed, the country was at verge of the economic default. However, owing to its untiring efforts, the government had averted the economic default and controlled the economic instability, though the inflation was “at its peak.”

He told the gathering that an agreement with the IMF was signed but violated in the past risking the whole Program.

Shehbaz Sharif said the government was strategizing to cope with the swelling needs of the gas, considering the upcoming winter season. He said the previous government failed to sign a gas purchase agreement when it was available at 3 cents per MMBTU comparing current 40 cents per MMBTU.

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