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Pakistan will default if we don’t implement PTI deal with IMF (Maryam Nawaz)




Maryam Nawaz, vice-president of the PML-N. Screenshot from Geo News Maryam Nawaz reads the agreement between the PTI and the IMF. Said that the former government did not know how to manage the economy. Said that when Imran Khan realized his government would no longer survive, he damaged Pakistan.

ISLAMABAD: PML-N Vice President Maryam Nawaz said on Thursday that the Shehbaz-led government had not raised the price of gasoline or the tax by a single penny of its own volition, adding that it It was because of the contract that the former government had signed with the International Monetary Fund (IMF).

Speaking at a press conference in Islamabad, she said that traditionally former governments tell people about their achievements when they leave power, but referred to Sheikh Rasheed and said “former ministers tell people that Imran Khan planted landmines for the government of the day”.

She said the former government did not know how to manage the economy, but when it ruined it and ran out of money, it risked the whole country and its economy to take out IMF loans.

“It forced the current government to make such decisions because they are bound by the contracts that Khan made,” said Maryam, adding that it was written in the contract Imran Khan signed with the IMF in 2019 that the gasoline subsidy would be removed or that the petroleum development tax on gasoline would be increased.

She said Pakistan would default if the incumbent government failed to honor the contract.

“When Imran Khan realized that his government would no longer survive, he damaged Pakistan so badly that it will take him months to recover, even a year,” she said.

Maryam concluded that Khan’s government had reduced gasoline prices, knowing that Pakistan could bear the burden.




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