Prime Minister Shehbaz Sharif painted a bleak portrayal of the economy and expressed remorse that friendly nations had begun to view Pakistan as a nation that was constantly pleading for aid.
On Wednesday, while addressing a lawyers’ convention, PM Shehbaz remarked, “Today, when we go to any friendly country or make a phone call, they think that we have come to ask for money.”
According to the PM, the economy of the nation was already in a difficult situation, and floods have made things more complex.
He claimed that the coalition administration had worked hard to prevent Pakistan from going into economic default.
PM Shehbaz further said that inflation was at an all-time high and implied that the previous Pakistan Tehreek-e-Insaf (PTI) administration was to blame for this occurrence.
He said that the previous administration had broken the terms of the agreement with the International Monetary Fund (IMF), which had forced the current government to accept stringent requirements.
Prior to that, he conducted balloting for plots for federal government employees and sent allotment letters to senior lawyers for residential plots in the housing project.