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Shahid Khaqan Abbasi opposes Tarin’s arrest

Shahid Khaqan Abbasi opposes Tarin’s arrest

Shahid Khaqan Abbasi opposes Tarin’s arrest

Shahid Khaqan Abbasi opposes Tarin’s arrest. Image: File

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Pakistan Muslim League-Nawaz (PML-N) Senior Vice President Shahid Khaqan Abbasi has opposed the arrest of PTI Senator and former finance minister Shaukat Tarin, adding that he is not in favor of political revenge.

He further said that if someone has committed a crime, action should be taken with evidence.

He expressed these views while answering a question asked by a journalist about the cases on Monday.

Abbasi said that elections would be held on time. However, Muslim League-N is not participating in the by-elections, he further said.

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The former premier maintained that the Election Commission of Pakistan had to decide the date of election of provincial assemblies, adding that it is written in the constitution that elections will be held in 90 days.

He observed that the taxes of 170 billion rupees necessary for the survival of the economy, adding that first find out what was the demand of the IMF, then the reason for the taxes of 170 billion will be understood.

Abbasi said that the present government had the same commitments with the IMF as previous governments had made. It is necessary to do this to meet the revenue shortfall, he added.

The price of electricity is increasing due to increase in cost of production, Abbasi said.

Earlier on Feb 10, after the negotiations, Finance Minister Ishaq Dar stated that talks with the international lender ended “positively” and that in order to restart the loan program, the government would need to impose Rs170 billion in taxes through a mini-budget, hours after the IMF released a statement on its discussions with Pakistan on Friday, BOL News reported.

The finance minister told the media that the draft of the government’s Memorandum of Economic and Financial Policies (MEFP) had been received from the Washington-based lender.

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Earlier in his media appearance, the Finance Minister recalled that the programme the current administration was implementing was one that former prime minister Imran Khan had agreed to with the IMF for the period of 2019–2020. He reaffirmed that the negotiations are being held by the Shehbaz Sharif-led administration as a “sovereign commitment.”

He said, “This is an old agreement which had been suspended and delayed previously.”

The Finance Minister continued by stating that the 10-day negotiations between Pakistan and the IMF team covered a wide range of topics, including the electricity and gas sectors as well as the fiscal and monetary aspects.

Ishaq Dar said, “The SBP governor and officials from different departments and ministries participated in the talks.”

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