Shehbaz asks govt to share IMF conditions with parliament

By: 24 News      Published: 03:14 PM, 25 Oct, 2021
Shehbaz Sharif
Shehbaz Sharif (File Photo).

Pakistan Muslim League-Nawaz President and Leader of the Opposition in the National Assembly Shehbaz Sharif on Monday asked the government to share with the parliament the conditions laid down by the International Monetary Fund (IMF) in its talks with Pakistan, reported 24NewsHD TV channel.  

“Concealing terms and conditions agreed between Pakistan and the IMF and details of talks between the two sides from the parliament shows that there is something fishy,” he expressed the fear.  

He was of the view that constant rise in the US dollar’s rate was not only catastrophic for the country’s economy but was also a bad omen for the national security.  

Shehbaz said that history bore testimony to the fact that whenever dollar’s rate went up, inflation in the country had soared. “Increase in dollar’s rate has turned the masses poorer while the government is least bothered,” he said, adding that the government’s silence on extraordinary increase in dollar’s rate as well as price hike could be due to a ‘deal’ struck between it and the Fund behind closed doors.

PML-N president called for an end to the practice of accepting tough IMF conditions and thus unleashing inflation at the people.