Raising electricity prices a proof of IMF slavery: Shahbaz

Amraiz Khan

PML-N president and Opposition leader in the National Assembly Shehbaz Sharif has termed the raising of electricity price by Rs3.75 per unit as proof of the IMF slavery.

The former Chief Minister lashed out at government for the decision and said that the cruel decisions of the government were hitting the poor people and country’s economy like a bolt from the blue.

He said the skyrocketting power prices would trigger unemployment and inflation in the country thus drowning the economy.

He wondered why people shouldn’t call Prime Minister Imran Khan ‘thief’ seeing that our rupee was losing value in his tenure spanning on almost 3 ½ years. The rupee shed its value by Rs54, he added.

He said in 40 months, the rupee was depreciated by 30.5% when compared to the US dollar.

After the Fall of Dhaka when rupee shed its value by 58%, this is the biggest depreciation of our currency, he lamented.

He criticized the government for not providing relief to masses after the oil prices were reduced internationally.

“The government has cut a joke with the people after imposing petroleum development levy and sales tax,” he said adding that his party rejected the government rational and its measures altogether.

Shehbaz said that the nation was in need of a true representative, able and honest leadership. He advised the present government that instead of putting country’s security and economy at jeopardy, it should confess to its failure in the best national interest.

Imran Niazi should not play with the people’s lives and national security only to boost his ego and incompetence.

He said that in the Nawaz Sharif tenure, Pakistan was regarded as one of the 20 rising economies of the world, but now it was a crisis-hit country.

He deplored that increasing the evaluation of immovable properties from 35 to 700 was a blatant mistake that would close down all economic activities in the country.

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