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We have no money to run the country: Pak PM Imran Khan

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Islamabad: Finally, Prime Minister Imran Khan admitted that the government has no money to run the country and therefore has to borrow it from other countries.

Addressing a groundbreaking ceremony in Islamabad, the Pakistani Prime Minister said, “Our biggest problem is that we don’t have enough money to run our country, which forces us to borrow.

Criticizing people for not paying taxes, the poor prime minister said the mainstream culture of not paying taxes was a legacy of colonial times when people didn’t like paying taxes.

Also read: Indian Democracy Victory: Union Cabinet Removes Three Farm Laws

Rising external debt and low tax revenues have become a national security problem, he added.

Imran Khan, who pushed to make Pakistan Riyasat-e-Medina, lamented that Pakistan’s financial situation is that no foreign agency will give them loans.

According to reports, the Indian Monetary Fund (IMF) had refused to grant a billion dollar loan to Pakistan. However, to convince the IMF, the government headed by Imran Khan raised the prices of electricity, gasoline and diesel, but failed to impress global monetary cooperation.

Now it looks like Imran Khan has to reach out to China or the Gulf countries again.

Khan said the government had secured $ 3.8 billion in new foreign loans from various foreign agencies in the past four months. period last year.

Moreover, the poor prime minister criticizing the two former governments said the government was also responsible for taking out a massive loan from foreign agencies.

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