Prime Minister’s Coordinator for Economy and Energy Bilal Kayani on Sunday that the PTI is spreading “false propaganda” about the economy, but people should not forget the economic destruction done during their era and because of them, the country is close to bankruptcy.
Addressing a news conference in Islamabad, the coordinator alleged that PTI chief Imran Khan weakened the country’s economy in four years.
He said that the previous government pushed 20 million people into poverty.
When Imran Khan got the government, the inflation rate was three percent, he added.
He also said that 6 million people became unemployed during Imran’s tenure, while the Pakistan Muslim League-Nawaz (PML-N) brought 12,000 megawatts of electricity to the system in its previous term and only Nawaz Sharif ended the International Monetary Fund’s (IMF) programme.
Kayani said that those who talked about loans used to say that they would create a debt commission, but Imran took record loans which are up to 78 percent in the country’s history.
Imran destroyed the country’s economy with his “incompetence and theft”, he alleged, adding that PTI brought the country to the brink of bankruptcy.
He said that the credit for the end of load shedding in the country goes to the government of Nawaz, while the increase in circular debt in the electricity and gas sectors occurred during the government of Imran.
“For his chair, Imran Khan sank the raft of the economy,” the coordinator claimed, adding that along with the destruction of the economy, theft was also a “privilege” of the Imran government.
He said that Imran damaged the economy during his tenure to please the furnace oil lobby. He allowed exports during his tenure to please the flour and sugar mafia, he claimed.