Imran says PDM pushing economy into abyss

Imran says PDM pushing economy into abyss

Pakistan

He warns of hyperinflation soon as economy continues downslide

LAHORE (Dunya News) – Pakistan Tehreek-e-Insaf chief Imran Khan said on Monday that the economy of the country became worse since the incumbent government took over the reins of the country.

Taking to Twitter, he said the current fascist government was leaving no stone unturned to oppress the opposition adding even the regimes of martial law were not as oppressive.

The PTI’s chief said that there was a difference of 30 rupees per dollar between the official and open market rates, which simply means hoarding of dollars in the economy which affected the confidence of investors highlighting that there was the absence of local or foreign investment in the country which would lead to a severe contraction in the Gross National Product (GDP) and an even more serious blow to the economy.

The former PM warned that the country would witness very high inflation mentioning the environment of ‘hyperinflation’ in future adding the PDM leaders have billions of dollars in foreign accounts and it should be understandable why they did not want to improve the economy.


 




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