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Friday, November 08, 2024  
05 Jumada Al-Awwal 1446  

Even those making the 'IMF budget' are confused: Abbasi

-bloomberg.com -bloomberg.com

ISLAMABAD: Former prime minister Shahid Khaqan Abbasi – adhering to PML-N’s stance on the federal budget – continued his criticism on Saturday and said that those who were involved in making the ‘IMF budget’ are also confused.

“The government that could not collect Rs4,000 billion revenue, how will they collect Rs5,500 billion revenue,” he asked, expressing skepticism over the ruling party’s revenue target.

The Pakistan Muslim League-Nawaz (PML-N) leaders also expressed concerns regarding the Commission of Inquiry to probe into loans taken by the governments during the last 10 years.

“Those [who have] no basic knowledge about the economy will review the decisions of the prime ministers, Parliament and cabinets,” stated Abbasi.

The PML-N leader also alleged the ruling party had imposed taxes on the public due to their own incompetence.

“Taxes would not have had been imposed if the government with its incompetency had not increased the interest rate. The masses are being burdened with additional taxes. The government has also increased gas and electricity tariffs,” the former premier added.

Abbasi stated the budget shows no structural change and that only the opposition is raising the issues the people will face if the budget passes. —INP