Categories: Pakistan

Sherpao criticizes government for approaching IMF

F.P. Report

PESHAWAR: Qaumi Watan Party (QWP) leader and former senior minister Sikandar Hayat Khan Sherpao said on Monday that the Pakistan Tehreek-e-Insaf (PTI) government had mortgaged the sovereignty of the nation with the International Monetary Fund (IMF) as it had resorted to anti-people policies to borrow loans. According to a press release issued from Watan Kor, he said the rulers compromised the country’s interests for nominal economic gains.  “The government must share with the public the strings and conditions attached with the IMF’s bailout package,” he demanded.

Sikandar Sherpao recalled that PTI leader Imran Khan had asserted that he would prefer suicide to seeking financial assistance from the IMF, but now the government was jubilant over its agreement for loan with the money-lending institution.

He said the rulers had handed over the affairs of the country to the IMF. He said that tough conditions attached with foreign loans added to the woes of the poor through imposition of new taxes and increase in prices of essential commodities, gas and electricity.

The Frontier Post

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