Coalition accuses PTI of trying to derail IMF deal

ISLAMABAD: Ruling Pakistan Democratic Movement (PDM) coalition regretted that at a time when the country is faced with devastating floods, the Pakistan Tehreek-i-Insaf (PTI) government in Khyber Pakhtunkhwa has “refused” to meet one of the conditions set by the International Monetary Fund (IMF) for its deal with Pakistan.

Accusing the KP government of politicising the matter, the parties, in their joint statement issued on Saturday, said that in this connection the letter written by Taimur Khan Jhagra, the provincial finance minister, to Miftah Ismail, his federal counterpart, was a ploy to further deepen the financial crisis.

“The PTI is well aware that the IMF board’s meeting, at which it is going to give a green signal to the restoration of its programme with Pakistan, is scheduled to be held on August 29. At this point, the act of writing a letter to the finance minister is based on a mala fide intent,” read the declaration.

They went on to add that it was former prime minister and PTI chairman Imran Khan who had signed an agreement with the IMF on tough conditions and then himself flouted it by suspending the programme.

The purpose of doing all this was to turn the country financially bankrupt, they alleged.

They said the reason why the coalition government was forced to take some difficult economic decisions was that it wanted to save the country from becoming bankrupt.

And it was after the labour of four months that the government had at last succeeded in improving the Pakistani rupee’s value as well as the country’s economy, they claimed.

They even put the blame for the present inflation in the country on what they called the former PTI government’s flawed economic policies.

The coalition parties, in the declaration, however, renewed their pledge to foil all such moves by the PTI and resurrect the economy.

The parties also expressed the resolve that all such tactics by the PTI would not distract them from focusing on mitigating the sufferings of flood-affected people.

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