Gov’t. recognizes fiscal deficit after coming into power: Shah Mehmood
MULTAN: Foreign Minister Shah Mahmood Qureshi said that some rudiments don’t want stability in Pakistan and developments of China-Pakistan Economic Corridor (CPEC).
Shah Mehmood said that the Pakistan Tehreek-e-Insaaf (PTI) government recognized fiscal deficit after coming into power.
While talking to pressers, he said that Pakistan is going through economic crises.
Minister added “Last government had left the country in crisis that has taken the country to the label of bankruptcy. Tax on petroleum products was 56 % in PML-N government and now it has decreased to 17%.”
“The government continuously is trying to avoid impending IMF for a bailout package. He asked why the government had to go to the IMF.”