Imported govt failed to prevent economy going into tailspin: Imran Khan

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ISLAMABAD, SEP 16 (DNA) — Former prime minister and Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan said on Friday that the International Monetary Fund (IMF) and World Bank reports show that this imported govt has failed to prevent economy going into tailspin despite inheriting a stabilized economy moving on an upward trajectory.

Taking a dig at the coalition government in a series of tweets, he said that this was reflected in the Economic Survey which identified our economic performance as the best in past 70 years in terms of growth rate (6%), industry, agriculture, employment, construction, exports, remittances and tax collection – at an all-time high.

“The Economic Survey identified PTI’s economic performances as the best in 70 years in terms of growth rate (6%), industry, agriculture, employment, construction, exports, remittances and tax collection. Now Pakistan faces unprecedented inflation hitting everyone, unemployment, food insecurity and rupee in freefall,” the PTI Chairman added.

Calling the federal government ‘directionless’, the former prime minister said: “The only achievement of this cabal of crooks has been to get another NRO for the billions they looted from Pakistan.” He also asked who was responsible for a ‘conspiracy’ against Pakistan.

The PTI chairman also wrote, “The only achievement of this cabal of crooks has been to get another NRO for the billions they looted from Pakistan. The question the whole nation is asking is: Who is responsible for this conspiracy against Pakistan?”

A day earlier, Imran Khan said that the incumbent government has lost its credibility inside and outside Pakistan and they have no plan to deal with a crippling economy.

Imran Khan said that the government assured that economy would stabilize once IMF releases its loan tranche, however, despite receiving money after implementing strict conditions, the economy has not yet stabilize.

“There will be no economic stability unless there is a political stability. Whatever excuse they give for delaying elections, the entire nation is the ultimate sufferer here,” he said. =DNA