ISLAMABAD: Special Assistant to Prime Minister on Media Affairs Iftikhar Durrani Tuesday said that previous governments were responsible for the current financial crisis in the country and Pakistan Tehreek-i-Insaf (PTI) government was committed for economic revival.
In an interview, he said the previous governments had done many objectionable activities which had damaged the economy of Pakistan, adding, our government is determined to put Pakistan’s economy on the right path.
He explained , Pakistan is facing current fiscal deficit and has been trying to introduce economic reforms, adding, going to IMF for a bailout package is the need of the hour.
He further appreciated that the historic address of Prime Minister Imran Khan at World Governments Summit.
He said the inherited balance of payment is due to negligence of previous governments and there is no other available option other than approaching the International Monetary Fund (IMF), but this will be last time in this regard.
He said everyone is aware of the difficult economic conditions left by the previous governments for the country, which was why the Pakistan Tehreek-i-Insaf-led (PTI) government had decided at the start of its term to take measures to bring the country out of the crisis.
Iftikhar Durrani said , Pakistan now needs IMF support to overcome fiscal deficit as Pakistan is now in a better position to negotiate with IMF because the government will aim to have a minimum impact on low-income classes, he added.
As a result of previous economic policies, the rich get richer and the poor get poorer but the incumbent government will try to abolish discriminatory economic policies across the country, he mentioned.
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