Finance minister flays ex-prime minister Imran for ruining economy

Federal Finance Minister Ishaq Dar flayed ex-prime minister Imran Khan for ruining the national economy and leaving the state on the verge, 24NewsHD TV channel reported.

Addressing a press conference, Dar blamed the financial crunch on the Pakistan Tehreek-e-Insaf and claimed that the coalition government will get over the crisis.

"The coalition government has been paying the price of Imran Khan’s wrongdoings. The previous government kept on lying to the nation by presenting the wrong figures.

“We have no choice but to save the state. We preferred the state to politics and launched the struggle, he said and presented a comparison between the financial position under Imran’s rule and the PML-N's previous regime.

He said he wanted to remind Imran Khan of his misdeeds that cost the country dear.

The dollar value kept skyrocketing but the last government kept blaming the issue on the PML-N team.

Imran Khan’s financial managers were incompetent and to hoodwink the people, they went for figure-fudging to fool the common people.

He said the ex-government claimed to have controlled circular debt but the picture was pathetic in reality.

No power project was established in the PTI rule, he said adding that the last government did nothing to maintain law and order.

He said the present government has been clearing the mess created by the past government.

However, the finance minister said that the government will cope with the financial challenge as his team is working on the bring in betterment.

The finance minister said he believes the country will be put on the path of progress and prosperity.

The dollar value hits Rs262.60 in interbank while in the open market, it stands at Rs265 while the gold price has reached Rs202,500 per tola.

Reportedly, pulses prices went up by Rs120 per kg in a week and statistics show the weekly inflation rate exceeded 32 per cent.