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Thursday November 28, 2024

Govt has failed on economic front: Bilawal

By Asim Yasin
June 04, 2021

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari said on Thursday that government was borrowing money to pay salaries and failed miserably on the economic front.

“This is critical at this point since Prime Minister Imran Khan has spent his entire tenure borrowing money. Where and how this money was utilized is still a mystery,” he said in a statement. Highlighting the suffering of the masses, Chairman PPP Bilawal Bhutto Zardari observed that the common man's income has been steadily declining. “On the other hand, the rate of inflation skyrocketed after the end of PPP's federal government, and it continues to drastically increase to date,” he said.

He demanded the PTI government be held accountable for Pakistan’s rising inflation and diminishing rupee value.

Bilawal said the PTI also claimed to have credit for record wheat production while the truth is; flour became 28% expensive in just one year. “Why would people be satisfied with the federal government's claims of record sugarcane production when sugar has become 21% more expensive?” questioned the PPP Chairman.

He asked does a 60 % increase in chicken prices in just one year may be counted as an accomplishment. The Chairman PPP also called out the Prime Minister for distorting the truth by claiming he has a role to play in Pakistan’s industrial growth. “Such declarations are ridiculous since the selected Prime Minister has admitted to a decline of more than 22% in the energy sector growth rate,” he added.

Bilawal Bhutto Zardari also brought to light the accomplishments of the PPP during its five-year tenure and said the income of common citizen increased by 59%, and we also can’t ignore the fact that per capita income has increased the most in Sindh due to PPP's provincial government's initiative. “Whereas, the PTI government has used the old census data to show higher per capita income,” he maintained. However, he said these aren’t the only skeptical statistics that the citizens must ponder on.