Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari Thursday said the nation will likely face difficult circumstances if Prime Minister Imran Khan keeps taking loans at current pace.
The PPP chairman said in his statement that running the country’s economy on loans will create problems for future generations as well as next governments.
Bilawal Bhutto said Pakistan’s policy making has been handed over to the countries which have given us loans. $ 10 billion loan, with an increase of 35 percent, has been taken only this year, he said.
Pakistan’s foreign loans have surpassed $ 95 billion after Imran Khan assumed power, the PPP chairman said while adding that the PM, despite knowing his ineligibility, is destroying the economy to satisfy his ego.
Special Assistant to the Prime Minister on Political Communication Dr. Shahbaz Gill reacted to Bilawal Bhutto’s statement while calling him ‘parchi chairman.’ He said Bilawal is perplexed because Pakistan’s economy is going in right direction.
Shahbaz Gill said the PPP chairman should take a look at his party’s history of taking loans from the International Monetary Fund (IMF) before lecturing others.
The SAPM said Pakistan Tehreek-e-Insaf (PTI) government returned loan and interest worth Rs 35,000 billion in two and a half years. He said Pakistan would not have been in such a state had the former governments worked to strengthen the economy.