ISLAMABAD: Federal Minister for Power Division Umar Ayub Khan said on Wednesday while addressing the session of National Assembly of Pakistan that the only reason responsible for our economy’s bad shape is the criminal negligence committed by PPP and PM-N in their respective tenures.
He further said that both parties competed with each other to acquire loans from international institutions and in this competition, they outpaced each other.
“Pakistan has to pay a debt of Rs30,000 billion as the previous government took loans worth Rs30,846 billion. A total of Rs24,000 billion were taken in ten years”, he said.
He also said that the ratio of currency printing was increased hundred percent from 2013 to 2018.
