Friday, October 28, 2016
Moonis Elahi Says PMLN Govt Artificially Inflating Reserves
The present government of PMLN has acquired $26.8 billion in terms of loan during its 3 years regime. Instead of bringing a steadfast policy to improve the Industries and Agriculture in the country, the situation is worsening and exports are declining rapidly. It is worsening the financial situation and finance minister Ishaq Dar, instead of doing something to revive our industries, travels around the world begging for loans.
Moonis Elahi criticized PMLN's senseless ways of running the state as these loans have not been used for the betterment of the country but is largely spent on their trips to foreign countries and living a king like lifestyle. Repaying the loan would require many generations but unfortunately the nation would have none of its benefits to enjoy as Artificially Inflated Reserves badly damage the economy.