Pakistan begging for funds while India has reached Moon: Nawaz Sharif

Pakistan begging for funds while India has reached Moon: Nawaz Sharif

  • News
  • September 19, 2023
  • No Comment
  • 2


Blaming the Pakistan’s former generals and judges for its economic crisis, former prime minister Nawaz Sharif has said that his country is begging for money from the world while India has reached the Moon and hosted the G20 summit.

A report by PTI quoted Sharif as saying: “Today Pakistan’s prime minister goes country to country to beg for funds while India has reached the moon and is holding G20 meetings. Why Pakistan couldn’t achieve the feats India did. Who is responsible for this here?” 

Sharif made the remarks while addressing a party meeting in Lahore from London via video link on Monday evening.

India had followed the economic reforms which in Pakistan were initiated by his government in 1990, said the 73-year-old leader of the Pakistan Muslim League-Nawaz (PML-N) party, as per the report.

“When Atal Bihari Vajpayee became the prime minister of India, it had only a billion dollars in kitty but now India’s foreign exchange reserves have risen up to $600 billion,” Sharif said.

In July, the cash-strapped Pakistan received $1.2 billion from the International Monetary Fund (IMF) as part of the $3 billion bailout package for nine months to support the government’s efforts to stabilise the country’s ailing economy. 

Ending his over four years of self-imposed exile in the UK, Sharif has announced his return to Pakistan on October 21 to lead PML-N’s campaign for the upcoming general elections

 

In November 2019, Sharif was helped by the then army chief Gen Bajwa to leave the country on medical grounds. He is serving a seven-year jail term in AlAzizia Mills corruption case.

His party PML-N has said that it will secure a protective bail for him before his arrival to Lahore next month.

“The man (Nawaz) who rid the country of power load shedding was sent home by four judges,” Sharif said in his speech.

“(Former) chief justices Saqib Nisar and Asif Saeed Khosa were tools of [the former army chief and his spy chief]. Their crime is bigger than a murder offence. Giving them pardons will be an injustice to the nation. They don’t deserve pardon,” he also said.

(With inputs from PTI)

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
Download The Mint News App to get Daily Market Updates.

More
Less

Updated: 19 Sep 2023, 07:20 PM IST



Source link

Related post

India needs more women workers to be a $5 tn economy: World Bank India chief

India needs more women workers to be a $5…

India’s the fastest-growing emerging market, but private investment and consumption are losing steam. What will drive India’s growth? First, let’s acknowledge…
Capex dips in Q2, may stay muted for a while

Capex dips in Q2, may stay muted for a…

Mumbai: New investment proposals continued their precipitous fall across India in the September-ended quarter, both on a sequential and a year-on-year…
Russia Blows Up Tonnes Of Ukrainian Weapons; ‘Spooked’ Zelensky Rushes To Battleground | Watch

Russia Blows Up Tonnes Of Ukrainian Weapons; ‘Spooked’ Zelensky…

Published on Oct 03, 2023 10:50 PM IST The Russian Army’s carpet-bombing in Ukraine has rattled Ukrainian President Volodymyr Zelensky. Russia…

Leave a Reply

Your email address will not be published. Required fields are marked *