Super Claim From Imran Khan Regarding Pakistan’s Economy
The Pakistani administration is in full preparation to introduce a financial bill in Parliament as part of an IMF condition. On being passed, the bill will pave the way for a $1 billion tranche of funding for Pakistan.
On Tuesday, the bill was debated in the National Assembly, during which Pakistan Muslim League (N) leader and National Assembly Leader Shahbaz Sharif claimed that the government was “putting Pakistan at risk for a mere $1 billion.”
Presently Pakistan is reeling under external debt and has become economically a slave of China because of CPEC. However Khan the Imran always tries to compare things with India, a country which is world’s third largest economy in PPP terms.
Khan in a gem of a statement said that Pakistan is in a better economic condition than many countries in the region, especially India. He was speaking at the inaugural session of the International Chambers Summit 2022 in Islamabad.
At a time when Pakistan is facing its biggest economic crisis in history, Imran Khan, the prime minister of the cash strapped country, believes that his country is in a better economic position than India.
“Pakistan is still one of the cheapest countries compared to many countries in the world. They (opposition) call us incompetent, but the fact is that our government has saved the nation from all crises,” Khan said.
Khan is also believed to have stated that, among other things, Pakistani oil prices are lower than those in other countries.