Coalition Govt Claims KP Reneging On IMF Deal Is Ploy To Economically Damage Pakistan

Coalition Govt Claims KP Reneging On IMF Deal Is Ploy To Economically Damage Pakistan
The coalition government has claimed that the Khyber Pakhtunkhwa government's refusal to sign the International Monetary Fund (IMF) deal is a ploy to 'sink Pakistan into economic crisis'.

In a statement on Friday, the allied partners said that the Khyber Pakhtunkhwa was prioritising on politics during a time where Pakistan was facing its worst environmental crisis yet. They claimed that the letter that the KP Finance Minister Taimur Jhagra sent was a plot to further Pakistan into economic crisis again.

They said that first former prime minister Imran Khan himself had agreed on the tough terms of the IMF deal, and then renegaded on his commitment and violated the terms of the deal, throwing Pakistan's economy into a tailspin.

As per the statement, it was due to the efforts of the coalition government for the past four months that the value of the rupee and the economic condition started to improve.

Although the people are still 'drowning in the four years of economic disaster and the deluge of inflation' caused by Khan, they asserted.

They said the KP government's decision to not sign the deal was one taken with bad intentions as they knew that the IMF board meeting would be held on August 29.

The allies said however that at this time, the government was prioritising rescue and relief programs for flood victims.

“As at this time assistance and rehabilitation of the flood-affected people should be a national priority. We will not let the operation, of saving lives of flood-affected people and mitigation of their difficulties, fall prey to politics.”