ISLAMABAD: Prime Minister Imran Khan chaired a meeting of the federal cabinet on Thursday.
The meeting discussed a 10-point agenda pertaining to the country’s economic crisis and political strife.
Earlier on Wednesday, PM Imran had said that Pakistan might not have to approach IMF for loans as the government was in contact with ‘friendly countries’ for resolution of economic issues faced by the country.
Speaking with office bearers of Council of Newspapers Editors (CPNE), Pakistan Broadcasters Association (PBA) and All Pakistan Newspapers Society (APNS), the prime minister had expressed confidence that the government will soon solve problems being faced by the country through its policies.
We will first see what the conditions imposed by the IMF are and then take a decision on the bailout, the premier had said.
The prime minister blamed the previous governments for drowning the country in debt by resorting to luxury expenditures. “The loans taken had not even been utilised properly.”
He went on to say that after taking tough decisions in the first six months of his government’s tenure, the masses would be given relief which would usher in a new era in the country’s history.
“The first few months are hard. Our foreign reserves have depleted. But I assure you that after six months, all will be good,” he had added.