ISLAMABAD – Prime Minister Shehbaz Sharif has said the country will facedifficult times going forward as the global lender was adamant on incumbentgovernment fulfilling all the conditions of the agreement.
Addressing the party senators in the country’s federal capital, PrimeMinister Shehbaz Sharif said the International Monetary Fund (IMF) was notready to trust the coalition government in wake of the actions of theousted government.
Taking a hit at Pakistan Tehreek-e-Insaf (PTI) for ‘pushing the economy tothe verge of bankruptcy’, the premier said the Imran Khan-led governmentsigned an agreement with IMF to increase the levy on fuel prices.
Sharif however mentioned that the agreement with the IMF had been decided,saying that matters would be settled in the coming days.
PM reiterated that Imran Khan, knowing he would lose the no-trust motion,lowered the fuel prices despite the oil prices being record high in theglobal market.
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He continued saying that taking the nation towards prosperity was theresponsibility of the government, the cabinet, and state institutions.
PM said genuine taxes were being imposed on the elite class to relieve thepoor, adding that he will address the nation in the next few days to takethem on board about the economic situation.
He also mentioned that Beijing approved disbursing a $2.3 billion loan tothe South Asian nation which was a sigh of relief in the currentcircumstances.
