"400 billion more interest payments are imposed on Pakistan annually"
The private sector will have to pay more than Rs 100 billion in interest rates, PML-N President Shahbaz Sharif termed further increase in interest rates as catastrophic.
Pkistan has been forced to pay an additional 400 billion rupees in interest annually. The private sector will have to pay more than 100 billion rupees in interest. Who declared According to details, Leader of the Opposition in the National Assembly Shahbaz Sharif has said that further increase in interest rates is a blindly destructive move of the government.
Shahbaz Sharif said that the increase in prices was only due to poor policy of the government. The government is still imposing its incompetence and incompetence on the people. This government is another name for making life miserable for the common man. Not provided.
In a statement, Shahbaz Sharif said that the government was foolish enough to stop the rising inflation and devaluation of the rupee. The rate of increase is not related to interest.
He said that private industry has been attacked again by raising interest rates. The government will have to reduce imports to curb the depreciating value of rupee. Expenditure will have to be reduced. Exporting industries will not get gas. Talking about the gas crisis, he said that despite the terminals being built by Nawaz Sharif, the emergence of gas crisis shows the extent of incompetence of the present government. At present, less than half of the gas storage capacity in the terminals is being utilized.
The Leader of the Opposition in the National Assembly said that this situation could have been avoided today if it had not been for the terminals and What would happen if there was a government? Every step taken by the criminal minded government reminds the people of the old Pakistan, which is in the throes of inflation and problems. It has been proved that only by getting rid of this government can the people and the country be saved from crises.