Islamabad (Lord Media): Shahid Khaqan Abbasi, the convener of Awam Pakistan Party, stated that the root cause of Pakistan’s economic troubles is not the IMF, but governmental policies. Speaking at a press conference, he highlighted that the government is spending beyond its means and the budget lacks relief.<\/p>\n
Abbasi expressed concern over the financial affairs of the federal and provincial governments, noting that the country is burdened by debt while interest payments are straining the economy.<\/p>\n
He emphasized that economic weakness is impacting national security and imposing more taxes on the public is not a solution. Abbasi urged for the prevention of national resource wastage.<\/p>\n
He asserted that national consensus is essential to overcome the economic crisis, and the current budget does not meet public expectations.<\/p>\n
Abbasi further stated that escaping the cycle of debt, inflation, and taxes is crucial, and without political stability, investment will not flow into the country.<\/p>\n","protected":false},"excerpt":{"rendered":"
Shahid Khaqan Abbasi blames government policies, not IMF, for Pakistan’s economic woes, urging national consensus and political stability for investment.<\/p>\n","protected":false},"author":1,"featured_media":74814,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[712,221,303,264,713],"ppma_author":[94],"class_list":["post-74813","post","type-post","status-publish","format-standard","has-post-thumbnail","category-uncategorized","tag-government-policies","tag-pakistan","tag-pakistan-economy","tag-politics","tag-shahid-khaqan-abbasi"],"yoast_head":"\n