Pakistan Peoples Party leader Senator Sherry Rehman on Thursday aimed guns at the Pakistan Tehreek e Insaf (PTI) Government over the alarming rise in the country’s trade deficit.
According to the details, the Senator in her tweet said that the oil prices in the international market have dipped for the fourth straight day, but the trade deficit of Pakistan is increasing at an alarming rate.
She said that,
Intl. oil prices have dipped for 4 straight days yet Pak’s trade deficit is soaring at an alarming rate
The Senator also expressed concerns about the downward trend of national exports.
Exports have gone down for the 2nd consecutive month.
In her tweet, Senator Sherry Rehman added that Pakistan Tehreek e Insaf (PTI) is still blaming the high oil prices for inflation.
Using hashtag ‘#TabahiSarkar’ the Senator wrote:
BUT #TabahiSarkar still blames high oil prices for the rise in import bill, food inflation to coverup serial mismanagement
Intl. oil prices have dipped for 4 straight days yet Pak’s trade deficit is soaring at an alarming rate. Exports have gone down for the 2nd consecutive month. BUT #TabahiSarkar still blames high oil prices for the rise in import bill,food inflation to coverup serial mismanagement
— SenatorSherryRehman (@sherryrehman) March 18, 2021
It may be recalled that Prime Minister Imran Khan earlier this week, expressed hope that olive plantation will help address climate change and increase exports of Pakistan.
He said that Pakistan spends a lot on the import of edible oil that can be reduced with the production of olive oil locally by planting olive trees particularly on the western bank of the Sindh River.
The premier added that food security a serious challenge for Pakistan as the country imports sugar, wheat, oil, and ghee. He said the fast-growing population adds to this challenge.
Furthermore, the PM also said that the primary objective of the PTI government’s ten billion tree tsunami project is to safeguard our generations from the effects of climate change.
In addition to these, he said that the government is including fruit trees in the Ten Billion Tree Tsunami, which will create new employment opportunities. He said areas will be divided into different zones scientifically to plant-specific fruit trees.
Above all, PM Imran Khan asked the government of Khyber Pakhtunkhwa to use the Miyawaki method of plantation in Peshawar to tackle the growing issue of pollution in the city.