Economic crisis: PML-N govt gives huge subsidies as compared to PTI regime
The present government is not taking responsibility for its disastrous moves for the immediate ending of the huge subsidies which destabilised the national economy.
ISLAMABAD: The present government led by Pakistan Muslim League Nawaz (PML-N) has been consistently blaming the previous Pakistan Tehreek-e-Insaf (PTI) government for giving hefty subsidies which worsened the economic crisis, however, the fact sheet showed that the present government gave more subsidies as compared to the previous regime.
The statistical data showed that the PTI government had given overall subsidies worth Rs53 billion from March 1 to April 10. On the other hand, the PML-N government had spent funds worth Rs197 billion in terms of subsidies from April 11 to June 15 as yet.
The present government is not taking responsibility for its disastrous moves for the immediate ending of the huge subsidies which destabilised the national economy.
Pakistan Muslim League Nawaz-led (PML-N) coalition government has continued to play the blame game after witnessing failures in all sectors especially found itself clueless to end the economic crisis.
The tall claims of PML-N and its 12 coalition partners have faced humiliating failures as the coalition government dropped the petrol bombs thrice in its 20 days of rulership and increased the electricity tariff nine times which gave extreme financial impacts on the nationals.
PML-N continues blame game after failing to end severe economic crisis
The government is calling the decisions inevitable and pointing out that the ongoing economic crisis hit the country following the unnecessary subsidy given in the last days of Imran Khan-led previous government. However, the past statements turned out to be another problem for the current rulers in which they asked former PM Imran Khan to leave the position.
After a massive hike in petroleum products prices, Finance Minister Miftah Ismail had claimed that today’s petrol price is $120 a barrel, whereas, the price of petrol in the UAE is more than $1 per litre and the price of diesel is even higher. In past, the same leaders censured ex-prime minister Imran Khan when he used to tell the nation the same thing.
Ismail brought new logic, saying that the agreement on difficult conditions was signed by the previous government with the International Monetary Fund (IMF) but the people are still wondering to get an answer about the reasons for not reviewing the wrong agreement by the current regime to bring the country out of the crisis.
The skyrocketing inflation has forced the people trapped in poverty to commit suicide. Meanwhile, the daily wagers rickshaw drivers have started burning their rickshaws. They are asking where are the PDMs who came out last year to end the inflation during Mehengai Mukau March
