Minister for Interior Rana Sanaullah on Saturday held the International Monetary Fund (IMF) responsible for economic crisis as the international lender is pressuring the government to increase fuel prices and withdraw subsidies.
Addressing a ceremony in Faisalabad on Saturday, he said that the country is passing through difficult phase right now and the inflation in the country is due to the IMF.
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The minister said that the international lender has tied the loan with the implementation of conditions laid down by it, adding that the prices of commodities will skyrocket if government implement the agreement and with the increase in fuel prices, the inflation will also increase.
“People are making up different stories regarding the IMF agreement, on the other hand, a shameless person wants the country to default,” he added.
He said that some elements were intentionally creating uncertainty for their ulterior political motives. Their propaganda was practically double-edged sword as they wanted to create problems for the sitting government in addition to pushing Pakistan towards bankruptcy.
“However, PM Shehbaz Sharif along with his economic team is making sincere efforts to overcome this situation and hopefully the people will hear a good news very soon near future”, he added.
He said that during the period of Nawaz Sharif, the growth rate was as high as 6.2 per cent. Dollar was stable at Rs105. Similarly the prices of electricity and gas were stable and affordable for the common people.
