AIRLINK 69.92 Increased By ▲ 4.72 (7.24%)
BOP 5.46 Decreased By ▼ -0.11 (-1.97%)
CNERGY 4.50 Decreased By ▼ -0.06 (-1.32%)
DFML 25.71 Increased By ▲ 1.19 (4.85%)
DGKC 69.85 Decreased By ▼ -0.11 (-0.16%)
FCCL 20.02 Decreased By ▼ -0.28 (-1.38%)
FFBL 30.69 Increased By ▲ 1.58 (5.43%)
FFL 9.75 Decreased By ▼ -0.08 (-0.81%)
GGL 10.12 Increased By ▲ 0.11 (1.1%)
HBL 114.90 Increased By ▲ 0.65 (0.57%)
HUBC 132.10 Increased By ▲ 3.00 (2.32%)
HUMNL 6.73 Increased By ▲ 0.02 (0.3%)
KEL 4.44 No Change ▼ 0.00 (0%)
KOSM 4.93 Increased By ▲ 0.04 (0.82%)
MLCF 36.45 Decreased By ▼ -0.55 (-1.49%)
OGDC 133.90 Increased By ▲ 1.60 (1.21%)
PAEL 22.50 Decreased By ▼ -0.04 (-0.18%)
PIAA 25.39 Decreased By ▼ -0.50 (-1.93%)
PIBTL 6.61 Increased By ▲ 0.01 (0.15%)
PPL 113.20 Increased By ▲ 0.35 (0.31%)
PRL 30.12 Increased By ▲ 0.71 (2.41%)
PTC 14.70 Decreased By ▼ -0.54 (-3.54%)
SEARL 57.55 Increased By ▲ 0.52 (0.91%)
SNGP 66.60 Increased By ▲ 0.15 (0.23%)
SSGC 10.99 Increased By ▲ 0.01 (0.09%)
TELE 8.77 Decreased By ▼ -0.03 (-0.34%)
TPLP 11.51 Decreased By ▼ -0.19 (-1.62%)
TRG 68.61 Decreased By ▼ -0.01 (-0.01%)
UNITY 23.47 Increased By ▲ 0.07 (0.3%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 7,399 Increased By 104.2 (1.43%)
BR30 24,136 Increased By 282 (1.18%)
KSE100 70,910 Increased By 619.8 (0.88%)
KSE30 23,377 Increased By 205.6 (0.89%)

ISLAMABAD: The Advisor to the Prime Minister on Parliamentary Affairs, Dr Babar Awan, on Thursday, said the previous governments of the PPPP and the PML-N relied most on the International Monetary Fund (IMF) and introduced maximum financial assistance programmes.

Awan talking to journalists said that the previous governments introduced 13 out of 22 programmes of the IMF in the history of Pakistan.

He made this statement while he was with spokesperson of the Ministry of Finance Muzammil Aslam. He said that those criticizing the mini-budget and deal with the IMF should review their own performance in the past as they approached the IMF for 13 out of 22 times in the history of the country.

He said that the national economy was weakened in the past due to personal interests of the former rulers who strengthened their personal economy and damaged the country. The adviser said that the economic team of Prime Minister Imran Khan deserved appreciation over successful negotiations with the IMF by keeping national and public interests on priority.

He said it was proposed to increase electricity rate at the cost of Rs5 per unit but team successfully handled the matter by bringing these rates down to Re1 and 40 paisas. Likewise, he said that tax ratio was also reduced and it was imposed on luxurious items.

The adviser said that the PPPP in their last tenure made a deal of 10 billion dollars with the IMF of which around eight billion dollars were received. All demands of the IMF were accepted by the PPPP, which was criticising now the PTI government over the same demands it accepted.

Dr Babar Awan said the government would bring back self-exiled former prime minister Nawaz Sharif to the country as he would never return himself. He said that the opposition was scared due to the determination of the government to bring back Nawaz Sharif. All means to live abroad have been blocked while routes are open for Nawaz Sharif to go to prison in Pakistan, he added.

He said a drama was made in the past over the health issue of Nawaz Sharif who was never treated or admitted to hospital abroad after his departure from Pakistan. The adviser also criticised the opposition leader in the National Assembly Mian Muhammad Shehbaz Sharif and said that he used to pretend backache during imprisonment but make illogical speeches in the National Assembly for hours.

He said that the opposition would get nothing through protests as the incumbent government led by Prime Minister Imran Khan would complete five years. The opposition, he said, announced long march for seven times but it could not get support from the public.

The adviser said that a legislative proposal the Islamabad Capital Territory Local Government Ordinance 2021 would be laid in the National Assembly which was aimed to transfer power at grassroots level.

He said that elections of local government would be held in Islamabad and people would directly elect mayor under this system.

The mayor would have Cabinet comprising 12 members of which six would be elected and other six to be professionals or technocrats. Around 100 -104 neighbourhood councils would be elected through this system and each neighbourhood councils shall have a population of at least twenty thousand, in addition, the Election Commission of Pakistan may have the power of 10 percent margin to increase or decrease any neighbourhood council.

The adviser said that Imran Khan has fulfilled the promise of free and fair elections and the next elections would be held through EVMs, while overseas Pakistanis would be able to poll their votes.

He also offered the opposition to have negotiations on the legislative proposals instead of creating ruckus in the Parliament. The Finance (Supplementary) Bill, 2021 would smoothly sail in the National Assembly, he said, adding that the government allies are supporting it on it.

The adviser said that Minister for Finance and Revenue Shaukat Tarin would also make important announcements during his concluding budget speech keeping in view the demands of the people.

Copyright Business Recorder, 2022

Comments

Comments are closed.