On Monday, the Minister of Finance Miftah Ismail asserted that the country is currently bearing the cost of incorrect policies and agreements inked with the International Monetary Fund (IMF) by the previous administration.
Before departing for Doha to have discussions with the IMF, he gave a press conference in Karachi, where he stated that the tough conditions, which include the withdrawal of subsidies and the imposition of tax on petroleum products, are the result of agreements made by the previous government with the IMF.
According to Miftah Ismail, as per agreements made by the previous government, the price of diesel is to be increased by 150 rupees per liter and the price of petrol is to be increased by 100 rupees per liter. However, the current government does not want to carry it forward because it will result in a heavy financial burden on the masses.
According to what he claimed, Imran Khan has always stood in the way of the country’s progress toward becoming more developed. He said that Imran Khan’s sit-in in 2014 was the cause of the postponement of the Chinese president’s visit to Pakistan, and he said that today, an IMF team that was due in Islamabad for discussions has declined to visit because of Imran Khan’s sit-ins. He said that the Chinese president’s visit was postponed.
Miftah Ismail has stated his optimism that he will be able to reach an agreement with the International Monetary Fund (IMF) in the next two days that will be beneficial to the nation and its people.