ISLAMABAD – The full-blown economic turmoil pushed the country of over 220 million at risk of a debt default, with the coalition government taking stringent measures to dodge default.
As the sword of default hangs over the cash-strapped nation, the country’s Defence Minister Khawaja Asif mentioned an out-of-the-box scheme, suggesting that a quarter of debt could be settled if only two golf clubs built on state-owned land were sold.
The ruling party leader pointed out that several golf clubs have been built on government land, and opined that selling two golf clubs would have lessened the hefty debts. Lamenting elite capture, he said several notables of society spend their eves in these clubs.
He slammed authorities for bulldozing lands for the underprivileged to facilitate the real estate mafia.
The PML-N stalwart made these remarks during his recent address at the annual convocation ceremony of a private college in his hometown. Astonishingly, the minister throws weight on the opposition’s rhetoric, claiming that Pakistan has already gone bankrupt.
Pakistan's Defence Minister has officially announced that Pakistan has defaulted!!! pic.twitter.com/Zhvo0L6Gm0
— Azhar Mashwani (@MashwaniAzhar) February 18, 2023
The outspoken politician called out bureaucracy, establishment, and statesmen for the worsening economic situation.