People in neighboring country Pakistan are facing crisis of basic needs like flour, pulses, edible oil, medicine, clean drinking water, petrol, LPG gas and electricity. On the other hand, the threat of terrorist attacks on the country has increased. On the other hand, the Shehbaz Sharif government, which came in April last year, is neither able to get loan from the International Monetary Fund, nor is it able to take any decision on the economic front within the country. Despite repeated warnings from the International Monetary Fund (IMF), the Sharif government is finding itself fuming in its ability to reduce economic distress and government expenditure.
On the other hand, Prime Minister Shahbaz Sharif’s mind is running fast in making political bets. He has invited his arch-enemy former Prime Minister Imran Khan for talks and consultations to consider the growing threats of extremism and terrorism in Pakistan amid a solution to the problem of Pakistan’s growing poverty. This meeting has been called on 7 February. In this, all national political leaders including Pakistan Tehreek-e-Insaf President Imran Khan have been invited.
Meanwhile, Pakistan’s leading newspaper The Express Tribune has reported that the Pakistan Tehreek-e-Insaf (PTI) has declined Prime Minister Shehbaz Sharif’s invitation to participate in the apex committee discussing the Peshawar mosque tragedy on Friday. .
PTI spokesperson Shaukat Yousafzai said that her party leadership has decided that the party will not participate in the meeting called by the government. He said that the former ruling party was opposing the policies of the present government. In such a situation, the question does not arise to attend the meeting of the government.
In fact, Shahbaz Sharif wanted to discuss economic failure and poverty of the country on the pretext of terrorist acts in the all-party meeting and he was slowly trying to establish this problem as a problem of all parties. He is worried that if he does not accept the conditions of the International Monetary Fund, then Pakistan will not be able to get the bailout package.
The International Monetary Fund has asked Pakistan to reduce spending and increase the price of electricity by Rs 12 per unit and limit power subsidies to 335 billion Pakistani rupees. If Sharif takes this step without taking the opposition parties into confidence, he may have to face public opposition and Imran Khan can take political advantage of such a situation in the upcoming elections. Parliamentary elections are due in Pakistan.
Imran Khan understood this trick of Sharif and has clearly refused to attend the meeting. By the way, Imran Khan’s government is also equally guilty behind this economic crisis. Pakistan is facing cash crunch since his reign.
Let us tell you that the Muslim nation of Pakistan, which emerged after partition from India in 1947, is on the verge of becoming a sovereign defaulter for the first time in its history. Many reasons and many Prime Ministers have been responsible behind this. Imran Khan, Shehbaz Sharif, Nawaz Sharif, Yusuf Raza Gilani and military dictator Pervez Musharraf have also been responsible for this. The crux of Pakistan’s crumbling economy has been the irrational economic and credit policies made by the rulers there. As a result, Pakistan’s gross public debt has increased by more than 1500% in just 22 years.
