Pakistan on verge of bankruptcy: Cheema

Author: News Desk

Pakistan is on the verge of bankruptcy. However, no international body considers Ishaq Dar reliable and is not ready to help us. Currently, Pakistan is facing the problem of survival and elections are the only solution to this situation.This was said by Chief Minister and Punjab Government Spokesperson Musarat Jamshed Cheema in a statement issued on Friday.

She regretted that the foreign exchange reserves of Pakistan have remained at less than 5.6 billion dollars. The defense minister is shamelessly coming on to the media and saying that the country will be plunged into darkness. This Sialkot-based mountebank first won the election by rigging and now his mental balance is also disturbed, she said.

Musarat Cheema regretted that the defense minister has not been able to defend the economic policies of his puppet regime. Kh Asif’s statement about the non-availability of foreign exchange for the import of petroleum is a matter of concern, while the statement of plunging the country into darkness shows the non-seriousness of the federal government, she noted and added that the federal ministers should tell the people their solutions instead of telling them the problems. Closure of factories and markets will lead to economic genocide of the people, while all the wealth of these robbers is in dollars, so it will not matter to them.

She asserted that the benefit of the country lies in removing the PDM cabal from power corridors and taking back all the looted wealth from them. When all the thieves including PDM are punished, investors’ confidence will also be restored, she said. PDM cabal has brought the country from the path of development to the brink of the worst economic disasters, she added and mentioned that after the no-confidence motion, foreign exchange reserves fell by 170%. Today, the inflation rate is 25% which was 12% during PTI’s tenure, she commented. The economy, peace and governance have been destroyed due to the anti-people policies of the bumbling government. The PML-N and their allies are more concerned about prolonging their government instead of the welfare of the country. Overcoming the core issues of spiralling inflation and massive unemployment are beyond the competence of the 13-member cabal, she concluded.

Share
Leave a Comment

Recent Posts

  • Top Stories

Senior executives at Mercuria to face investigation by Pakistan’s FIA

Mercuria, a global commodities trading firm headquartered in Geneva, finds its senior executives under scrutiny…

20 hours ago
  • Business

PSX extends bullish trend with gain of 862 points

Pakistan Stock Exchange (PSX) remained bullish for the second session in a row on Monday,…

21 hours ago
  • Business

PKR depreciates by 3 paisas to 278.24 vs USD

The rupee remained on the back foot against the US dollar in the interbank market…

21 hours ago
  • Business

SECP approves PIA’s scheme of arrangement

The Securities and Exchange Commission of Pakistan has approved the Scheme of Arrangement between Pakistan…

21 hours ago
  • Business

Gold snaps losing streak

Gold price in the country snapped a six-session losing streak and increased by Rs2,500 per…

21 hours ago
  • Business

Rs 83.6 billion loaned to young entrepreneurs: Rana Mashhood

Chairman of the Prime Minister Youth’s Programme(PMYP) Rana Mashhood has underscored the success of the…

21 hours ago