December 1, 2021

Senior most PPP leadership reviews economic situation in country

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Bilawal holds virtual meeting with party leaders

KARACHI, April 5: A consultative virtual meeting of the senior most PPP leadership was presided over by Chairman Bilawal Bhutto Zardari today via web from Karachi.

The meeting condemned the stubborn attitude of Prime Minister Imran Khan at a moment of dangerous economic freefall for the country.  Defined by a tsunami of inflation, runaway debt and decreasing trade, as well as a collapsing power sector, all institutions of the country are slowly grinding to a halt.

Those who participated in the meeting included Yousuf Raza Gillani, Raja Pervaiz Ashraf, Farhatullah Babar, Nayyar Bokhari, Senator Sherry Rehman, Faisal Karim Kundi, Humayoon Khan, Qamaruz Zaman Kaira, Chaudhry Manzoor Ahmed and Hassan Murtaza.

 

“With a trade deficit more than 130 per cent, there is clearly a crisis in this sector too. Now, for every USD 100 exports our imports are for USD 230. Industries have shut down and unemployment  has gone up incalculably across the country . Millions more have been dragged down to cross the poverty line. Inflation has risen steeply with no roadmap for economic recovery in sight,” the meeting observed.

The PPP meeting also expressed concern over the reports of rising economic distress suicides, which many blame on the economic policies of the PTIMF regime. “It is shameful that the Federal government led by the PTI puppets is, perhaps, the only government in the world, which has not imported the COVID-19 vaccine as the country is headed towards the worst evert third wave of the epidemic. The vaccine is a fundamental human right but there seems to be no respect for any social or public entitlements, the meeting noted.

The meeting further observed that the Prime Minister has adopted a shameful policy of sacrificing scapegoats to cover up grand thefts of sugar, wheat, petrol etc to save his own head, though he is responsible for the multiple crises of confidence the country is facing today. “Imran Khan himself approved import of sugar and cotton from India as Commerce Minister and then rejected the same as PM. It is the most shameful act on the part of any Prime Minister in the history.”

Chairman Bilawal Bhutto observed that the puppet regime has turned the country into the worst state of economy, which is at a brink of collapse and bankruptcy. “This happens when you give the country into the hands of inept, untutored people.

The PPP Chairman further said that every passing day under the PTI government was dragging down the country both economically and politically. “The situation may reach such an alarming point that no damage control could potentially work.”

The meeting demanded that the Prime Minister step down, admit his failure and offer an apology to the entire nation for the multiple disasters he has inflicted on this country.

Other political issues were also discussed.