*Islamabad: Former Chairman FBR Shabbar Zaidi has said that Pakistan isheading rapidly toward economic default unless the government takesimmediate measures. *
Talking exclusively to ARY News Ex-Chairman Federal Board of Revenue (FBR)Shabber Ziadi warned that the country is heading towards bankruptcy and thePakistan Muslim League Nawaz (PML-N) government has to make some bigdecisions in the coming week or so.
He said that the current doe snot has any other option than theInternational Monetary Fund (IMF), and they will have to comply with theirconditions.
The former FBR chief said that the PML-N took charge without any homework,and now they are trapped between a rock and a hard place.
The government has done nothing but waste time and push the county into adeeper economic crisis, he added. It looks like the government would lastonly a few more days, he said.
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Earlier, PML-N leader Shahid Khaqan Abbasi had said that the economiccrisis is way worse than they anticipated.
The former Premier said that the previous government borrowed loans oneafter another damaging the entire economic system. “Why should the currentgovernment pay for PTI’s follies,” he questioned.
