Mustafa Nawaz Khokhar expressed his concerns about the country’s severe economic situation on Twitter.
According to Pakistan People’s Party (PPP), lawmaker and former senator Mustafa Nawaz Khokhar the economy was worsening and bankruptcy was more likely to happen.
Former Senator Mustafa Nawaz Khokhar stated that the country’s economy was failing and that the country was on the verge of bankruptcy. He said that the friendly countries were also worried.
He indicated that the dollar was expected to fall to 200. He said that it was said that they will reduce inflation while also dealing with the IMF. He further stated that however, the IMF refused to pay the following tranche until extra levies were levied.
Mustafa Nawaz Khokhar, without naming anyone, criticized and said, “Then was it only intended to become a minister by sacrificing Miftah?”
معیشت بدستور بدحال اور دیوالیہ ہونے کا خطرہ بڑھ گیا۔ کہا گیا ڈالر دو سو پر آ جائے گا، مہنگائ کم اور آئی ایم ایف کو سیدھا کر دیں گے۔اُلٹا آئی ایم ایف نے مزید ٹیکس لگانے تک اگلی قسط دینے سے ہی انکار کر دیا۔ دوست ممالک بھی پریشان۔ تو پھر مفتاح کو بلی چڑھا کر صرف وزیر بننا مقصود تھا؟
— Mustafa Nawaz Khokhar (@mustafa_nawazk) December 4, 2022
Look no further than today’s newspapers, according to the PPP leader. Newspapers have also reported on the difficulty of repaying external loans.
Previously, former finance minister Miftah Ismail claimed that the country’s risk of bankruptcy has increased alarmingly.
In an article, the former Finance Minister refuted current Minister Ishaq Dar’s claim about the economy and stated unequivocally that the country’s risk of bankruptcy has increased alarmingly. He also stated that the government now has no margin for error.