No country can be run on foreign aid: Ahsan Iqbal

• Ahsan Iqbal said that no country can be run on the aid and loans.
• Pakistan have to depend on IMF and others to save the economy at all costs.
• We have to save the country from from going into anarchy.

LAHORE: Federal Minister for Planning and Development Ahsan Iqbal Chaudhary on Thursday said that no country can be run on the aid and loans of friendly countries.

“However, Pakistan has to depend on the International Monetary Fund (IMF) and friendly countries to save the economy at all costs. We have to save the country from from going into anarchy,” he said.

Iqbal talked about the latest IMF agreement and said, “It is dangling over our heads. The previous government made an irresponsible agreement with the IMF. Moreover, when the coalition governmnet took over the government, they were informed that there are no funds for the budget.”

Ahsan Iqbal concluded by addressing the environmental challenges faced by agriculture sector of Pakistan. He said, We are among the top 10 countries in every sector of agriculture. Now with environmental challenges that can also change.”

Earlier, Iqbal also said that the crisis country is facing today is not created by the current government and claimed that previous government went bankrupt internally. He said the success of the government is to save the country from bankruptcy in the external sector by taking tough decisions.

Ahsan Iqbal further said that the economy suffered a shock of 30 billion in the event of the last year monsoon flood. He said Pakistan has come out of the flood disaster and now the government is starting reconstruction in the affected areas.

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