Dharejo blames PTI-led govt for rising debt, inflation

KARACHI: Sindh Minister for Industries, Commerce and Cooperative Department Jam Ikramullah Dharejo slammed skyrocketing external debt and rising inflation during the period of Pakistan Tehreek-i-Insaf (PTI)-led government which also made the lives of people miserable.

He expressed concerns over a significant surge in the volume of foreign loans to Pakistan. He lambasted that foreign loans rose by Rs15,547 billion during the 38-month rule of the PTI, while the federal government is making tall claims in debt reduction.

He said that external loans hit record highs in the history of the country, while causing a worrying situation to all countrymen.

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“It’s an utter ineptitude of the federal government, if external loans are swelling significantly and they are burdening poor and working class people with more debt,” he said.

He blamed that owing to incompetence of the federal government, inflation and poverty are soaring day by day in the country where people are already facing a large number of problems including runaway unemployment and others.

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He suggested that it is high time that the PTI-led government should go home and only the leadership of Pakistan Peoples Party (PPP) could take the country out of these crises. He alleged that the inexperienced leadership of PTI had ruined the country economically, had introduced abusive language in politics and disappointed people.