Elections only solution to avoid default

Sheikh Rashid

Awami Muslim League Pakistan leader Sheikh Rashid said on Monday fresh elections were the only solution to prevent the country from default. Speaking to Twitter, the former interior minister said political fog had taken over the country which could disappear through fresh elections.

He added that even former finance minister Miftah Ismail was saying that the country could default after clearing the bonds. “Export remittances have reduced, while foreign exchange reserves and the stock exchange has also collapsed,” he said.

He also said the rates of petrol, gas and dollar were increasing. He said the politicians were thinking about saving the assemblies while no one was talking about protecting the country and tanking economy. The former federal minister questioned what would be there if 567 members resign from the assembly.—INP