Tag: PMLN

  • Timeline of audio leaks: When and whose conversations were tapped?

    Timeline of audio leaks: When and whose conversations were tapped?

    Alarm bells have been ringing across Islamabad after leaked audio clips called into question the security of the Prime Minister (PM) House. A total of six audio clips of private conversations between Prime Minister Shehbaz Sharif and other Pakistan Muslim League-Nawaz (PML-N) leaders leaked over the last few days.

    The audio leaks contain telephonic and in-person conversations between the PM and the other leaders including federal ministers. The government has maintained that there is “nothing illegal” in the audio leaks.

    Here is a timeline of audio leaks:

    1- ‘Health card khatam ho jana chahiye’: Maryam Nawaz

    The audio leak allegedly belonging to PML-N Vice President Maryam Nawaz and PM Shehbaz has leaked today (September 27).

    In the new audio leak, Maryam Nawaz is allegedly insisting that PM Shehbaz should shutdown the health insurance scheme (Sehat Card) initiated by the previous government of Pakistan Tehreek-e-Insaf (PTI).

    Maryam can allegedly be heard saying that PTI Chief Imran Khan has achieved nothing but the health card program. To this, PM Shehbaz allegedly responded that it would not be a big problem.

    2- Discussion regarding PTI’s MNAs resignations

    The second clip allegedly concerns a conversation between PM Shehbaz, Defence Minister Khawaja Asif, Law Minister Azam Tarar, Interior Minister Rana Sanaullah and former National Assembly (NA) speaker Ayaz Sadiq about the resignations of PTI MNAs. The audio is said to be a recording of a cabinet meeting.

    Party leaders can be allegedly heard discussing whose resignations from PTI will be accepted. Moreover, the leaders can be heard saying that the final decision will be taken by PML-N Supremo Nawaz Sharif who is in London.

    At one point, Ayaz Sadiq can be heard saying that “Will tell them that the signatures were not correct,” allegedly talking about those PTI members whose resignations they did not want to accept.

    3- ‘Petrol ki qeemtayein bharhana ho gee’: Maryam Nawaz to PM Shehbaz

    In another audio leak, Maryam Nawaz can be heard allegedly advising PM Shehbaz to jack up fuel prices.

    Maryam Nawaz who had been opposing an increase in fuel prices on media in an alleged audio leak can be heard allegedly suggesting to PM Shehbaz Sharif that fuel prices should be raised.

    4- ‘Army has decided to bring Musharraf back to Pakistan’: Maryam Nawaz

    The fourth clip is allegedly a conversation between Maryam Nawaz and the PM where they are discussing the return of former Chief of Army Staff (COAS) General (retd) Pervez Musharraf.

    A voice said to be Maryam’s can be heard saying that “Army has decided to bring Musharraf back to Pakistan so before it looks like that they have imposed a decision on us, I asked Abu (Nawaz Sharif) to tweet in favor of Musharraf’s return.”

    At the time, Nawaz had tweeted, saying: “I have no personal enmity or animosity towards Pervez Musharraf. I don’t want anyone else to suffer the trauma I have had to endure.”

    5- ‘TV par ulti baatein karta hai’: Maryam Nawaz about Miftah Ismail

    In one of the audio clips, PML-N Vice-president allegedly can be heard complaining to her uncle [PM Shehbaz] about Finance Minister Miftah Ismail. “

    TV par ulti baatein karta hai” (He says strange things on television), she allegedly says.

    “He doesn’t take responsibility, says strange things on TV which people make fun of, he doesn’t know what he is doing,” the voice said to be Maryam’s says in the clip.

    “He clearly cut corners,” the voice said to be PM Shehbaz can be heard saying as she wishes for the return of former finance minister Ishaq Dar.

    6- ‘Her son-in-law is very dear to her’: PM Shehbaz

    ‘Her son-in-law is very dear to her’: PM Shehbaz allegedly says in another audio leak, referring to Maryam Nawaz’s son-in-law.

    In that clip, PM Shehbaz and an unidentified man can be heard allegedly discussing facilitating Maryam Nawaz’s son-in-law Raheel.

    The unidentified man can be heard briefing the person, alleged to be the premier, about the consequences of taking the decision.

    At this, the voice thought to belong to the PM says: “The son-in-law is very dear to Maryam Nawaz. Tell her very logically about this and then I will talk to her.” He also said that he would personally meet him once he returns from Turkey.

    At this, the other person allegedly advises PM Shehbaz to get this work done from former finance minister Ishaq Dar, to which he agrees.

    More audio leaks to come

    A Twitter account named Indishell hinted at more audio leaks, saying that “all audios will be released on September 30”.

    https://twitter.com/Indishellgp/status/1574517518722797569?s=20&t=Vi3nYVzTO8SDFXzdThIolg

    In a series of tweets, the users claimed that the upcoming audios which will be leaked are allegedly a conversation between former finance minister Miftah Ismail and PM Shehbaz. Not only this, the user claimed to have the audio of PM Shehbaz and COAS Bajwa.

    https://twitter.com/Indishellgp/status/1574669828492709889?s=20&t=9Xw_4iI0q3aRJmKOveOS4A
    https://twitter.com/Indishellgp/status/1574536969811415040?s=20&t=9Xw_4iI0q3aRJmKOveOS4A

  • Khan claims more audio leaks of Maryam Nawaz are on the way

    Khan claims more audio leaks of Maryam Nawaz are on the way

    Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan reacting to the audio leaks of Prime Minister (PM) Shehbaz Sharif and other Pakistan Muslim League-Nawaz (PML-N) leaders including Vice-president Maryam Nawaz, has said that Chief Election Commissioner (CEC) Sikandar Sultan Raja should resign from his post.

    Addressing students at Government College University in Lahore on Monday, Khan said that the audio leaks had made it clear that CEC Raja was a “Servant of the Sharif household”.

    After the audio leaks, the CEC should resign if he has even an ounce of shame, said Khan. “But he doesn’t [have any shame], so we will have to make him resign,” he told the students gathered there to listen to him.

    Khan also alleged that the CEC had blocked the use of electronic voting machines (EVMs) on the instructions of PML-N supremo Nawaz Sharif and Pakistan People’s Party (PPP) Co-chairperson Asif Ali Zardari.

    “I kept on trying to introduce EVMs for three years […] But this man, on the instructions of Nawaz and Zardari, who rely on false votes, did not allow EVMs,” he claimed.

    He continued that in the coming days, there would be more “episodes” in audio leaks saga.

    “I am hearing that a [recording] will surface where Maryam will tell abba jee [Nawaz] that the election commission has said they will disqualify Imran Khan in the Toshakhana case and that there is no need to worry,” he said.

    “This is the [state of the] election commission.”

    Earlier today, PTI’s Fawad Chaudhry had termed the slew of audio recordings a “major security lapse” and demanded a “thorough investigation” to expose those responsible.

    He said that the PM Office is unsafe from cyber attacks, adding audio files up to 340 hours were leaked but no institution was aware of it.

    “We [PTI] spent a lot of money to provide the latest equipment to agencies.”

    He claimed that the government is in talks with hackers and purchasing data that was put up for sale on the dark web.

    “The hacker has said that the explosive audio is yet to be released,” Fawad said.

    On Saturday, September 24, alleged audios of PM Shehbaz and other Pakistan Muslim League-Nawaz (PML-N) leaders leaked online.

    In one of the audio clips, PML-N Vice-president Maryam Nawaz allegedly can be heard complaining to her uncle [PM Shehbaz] about Finance Minister Miftah Ismail.

    The second clip allegedly concerns a conversation between PM Shehbaz, Defence Minister Khawaja Asif, Law Minister Azam Tarar, Interior Minister Rana Sanaullah and former National Assembly (NA) speaker Ayaz Sadiq about the resignations of PTI MNAs. The audio is said to be a recording of a cabinet meeting.

    Party leaders can be allegedly heard discussing whose resignations from PTI will be accepted. Moreover, the leaders can be heard saying that the final decision will be taken by PML-N Supremo Nawaz Sharif who is in London.

  • PM Shehbaz’s many alleged audio leaks in 24 hours, PTI raises questions

    PM Shehbaz’s many alleged audio leaks in 24 hours, PTI raises questions

    Audios allegedly of Prime Minister (PM) Shehbaz Sharif and other Pakistan Muslim League-Nawaz (PML-N) leaders have been leaked.

    Following the leaks, Pakistan Tehreek-e-Insaf (PTI) senior leader Fawad Chaudhry took to Twitter, saying, “PM House’s data has been put on sale on the dark web. It is a major failure of our intelligence agencies, especially the Intelligence Bureau (IB). Besides political matters, important discussions on security and foreign affairs are in their hands.”

    Similarly, his party member Shireen Mazari said that the real issue is that who placed these hacking devices.

    “Real issue is who bugged the PMO/PMHouse in the first place. The hacking happened because devices were placed in these locations. So who is responsible and where did orders or decision come from? That is a question that must also be focused on,” she tweeted.

    ‘TV par ulti baatein karta hai’: Maryam Nawaz about Miftah Ismail

    In one of the audio clips, PML-N Vice-president Maryam Nawaz allegedly can be heard complaining to her uncle [PM Shehbaz] about Finance Minister Miftah Ismail. “

    TV par ulti baatein karta hai” (He says strange things on television), she allegedly says.

    “He doesn’t take responsibility, says strange things on TV which people make fun of, he doesn’t know what he is doing,” the voice said to be Maryam’s says in the clip.

    “He clearly cut corners,” the voice said to be PM Shehbaz can be heard saying as she wishes for the return of former finance minister Ishaq Dar.

    It is pertinent to mention that Dar will take over as the Finance Minister in the coming week.

    The second clip allegedly concerns a conversation between PM Shehbaz, Defence Minister Khawaja Asif, Law Minister Azam Tarar, Interior Minister Rana Sanaullah and former National Assembly (NA) speaker Ayaz Sadiq about the resignations of PTI MNAs. The audio is said to be a recording of a cabinet meeting.

    Party leaders can be allegedly heard discussing whose resignations from PTI will be accepted. Moreover, the leaders can be heard saying that the final decision will be taken by PML-N Supremo Nawaz Sharif who is in London.

    At one point, Ayaz Sadiq can be heard saying that “Will tell them that the signatures were not correct,” allegedly talking about those PTI members whose resignations they did not want to accept.

    The third clip is allegedly a conversation between Maryam Nawaz and the PM where they are discussing the return of former Chief of Army Staff (COAS) General (retd) Pervez Musharraf.

    A voice said to be Maryam’s can be heard saying that “Army has decided to bring Musharraf back to Pakistan so before it looks like that they have an imposed a decision on us, I asked Abu (Nawaz Sharif) to tweet in favour of Musharraf’s return.”

    At the time, Nawaz had tweeted, saying: “I have no personal enmity or animosity towards Pervez Musharraf. I don’t want anyone else to suffer the trauma I have had to endure.”

    ‘Her son-in-law is very dear to her’: PM Shehbaz

    ‘Her son-in-law is very dear to her’: PM Shehbaz allegedly says in another audio leak, referring to Maryam Nawaz’s son-in-law.

    In that clip, PM Shehbaz and an unidentified man can be heard allegedly discussing about facilitating Maryam Nawaz’s son-in-law Raheel.

    The unidentified man can be heard briefing the person, alleged to be the premier, about the consequences of taking the decision.

    At this, the voice thought to belong to the PM says: “The son-in-law is very dear to Maryam Nawaz. Tell her very logically about this and then I will talk to her.” He also said that he would personally meet him once he returns from Turkey.

    At this, the other person allegedly advises PM Shehbaz to get this work done from former finance minister Ishaq Dar, to which he agrees.

  • Nawaz Sharif’s close aide Ishaq Dar to take charge of finance ministry on Tuesday

    Nawaz Sharif’s close aide Ishaq Dar to take charge of finance ministry on Tuesday

    Former Finance Minister and Pakistan Muslim League (PML-N) leader Ishaq Dar is ready to take charge of the finance ministry on September 27 (Tuesday), reports Geo News.

    Currently, Prime Minister (PM) Shehbaz Sharif is in London, where he held a meeting with Nawaz Sharif and Nawaz’s close aide Dar, where the decision took place.

    The incumbent Finance Minister Miftah Ismail will continue to work with the government after leaving his post as Finance Minister.

    It is pertinent to mention that Ismail is an unelected member and thus cannot continue in office for more than six months. He took charge of the ministry in April.

    Earlier, Dar, himself said that he would take oath as a Senator immediately after his return

    Dar is set to come back to Pakistan next week. The PML-N leader has been living in London since 2017 to receive medical treatment. He served as a federal minister of finance four times between 1998 and 2017.

    The former finance minister was elected as a PML-N senator on a technocrat seat in the Senate election on March 3, 2018. He is considered to be quite close to PML-N supremo Nawaz Sharif.

    Rana Sanaullah hints at Ishaq Dar becoming finance minister again

    Prior to this, Interior Minister Rana Sanaullah hinted a Dar becoming finance minister once again, saying that the senator “can assume the finance ministry”.

    Talking about the possibility on Geo News‘ programme Naya Pakistan, Rana said, “There is no problem for him to become a finance minister. However, the PML-N has not made any decision so far in this regard.”

    According to Sanaullah, the government will definitely consult Ishaq on economic matters as he is experienced and a senior leader.

    When asked about Miftah Ismail, the minister said that he doesn’t have a problem. “He is ready to work with the party with or without ministry”, he stressed

    Is Ishaq Dar coming back to Pakistan?

    An accountability court on Friday, September 23, suspended the arrest warrant against Dar and dismissed orders for arrest upon his arrival in Pakistan.

    Accountability court judge Mohammad Bashir issued the orders, stating that once Dar returns to Pakistan, the court will decide whether it should revoke his arrest orders permanently or not.

    “We will consider permanently suspending Dar’s arrest warrants once he appears before the court in person,” the judge added.

    In 2017, an accountability court, while hearing a corruption reference against Dar, declared him a proclaimed offender due to his continued absence from the proceedings.

    However, Dar had not taken oath as a senator since 2017. The accountability court had declared Dar an absconder in a corruption reference.

  • ‘Mujrimon ki aiyashiaan hui vi hain, choron ki eid hui vi hai’: Imran Khan on Ishaq Dar’s possible return to Pakistan

    ‘Mujrimon ki aiyashiaan hui vi hain, choron ki eid hui vi hai’: Imran Khan on Ishaq Dar’s possible return to Pakistan

    Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan while speaking on Pakistan Muslim League-Nawaz (PML-N) Senator Ishaq Dar’s possible return to Pakistan said that the criminals are having a great time and theives are enjoying Eid.

    “Mujrimon ki aiyashiaan hui vi hain, choron ki eid hui vi hai [Criminals are having a great time, and the thieves are enjoying Eid]. There corruption cases are slowly being forgiven,” said Khan while speaking to journalist Abbas Shabbir.

    “This is the reason these thieves [came into power], ” said Khan.

    When asked that there is news circulating that PML-N supremo Nawaz Sharif is returning to Pakistan, Khan said, “Nawaz Sharif ka bara acha istaqbal hoga [Nawaz Sharif will receive a rousing welcome.]

    An accountability court on Friday, September 23, suspended the arrest warrant issued against Dar and dismissed orders for arrest upon his arrival in Pakistan.

    Accountability court judge Mohammad Bashir issued the orders, stating that once Dar returns to Pakistan, the court will decide whether it should revoke his arrest orders permanently or not.

    “We will consider permanently suspending Dar’s arrest warrants once he appears before the court in person,” the judge added.

  • ‘Khan has created hatred among people because of his chor, daku narrative’: Ahsan Iqbal

    ‘Khan has created hatred among people because of his chor, daku narrative’: Ahsan Iqbal

    Minister for Planning and Development Ahsan Iqbal said that Chairman of Pakistan Tehreek-e-Insaf (PTI), Imran Khan, has built up a narrative of chor and daku (thieves and bandits) which has created hatred among the people.

    Talking to Geo News’ programme “Aaj Shahzeb Khanzada Kay Sath” on Wednesday, the minister said that Khan has multiple times raised slogans and accusations of bandits and robbers against him. He said that his reputation was destroyed however after the Islamabad High Court (IHC) ruled in his favour, he is now free of all charges.

    On the show, Iqbal also recalled an incident where PTI supporters harassed him and hurled accusations of ‘chor chor’ (thief) at him. The minister said: “They did it because of Khan’s narrative against me.”

    High Court gives a clean shit to Iqbal

    IHC acquitted Ahsan Iqbal in a reference filed by the National Accountability Bureau (NAB), accusing Iqbal of misusing authority by funding a provincial government project Narowal Sports City.

    During the hearing on Wednesday, NAB’s Additional Prosecutor General Jahanzeb Khan Bharwana was absent. The court asked the NAB investigator to outline where the alleged corruption had taken place, to which the official said that Bharwana was to present his arguments but he was not present in the court.

    When NAB asked for an adjournment, IHC Chief Justice (CJ) Athar Minallah denied the request.

    It came to light that NAB started the proceedings based on a report published in a newspaper. Justice Minallah then inquired about the newspaper on the basis of which the case was registered. NAB officials identified the paper as Metrowatch.

    The judge further inquired about the details of the newspaper, and what its report stated, and instructed the official to read it out loud.

    “Did the NAB chairman check the accuracy of the facts? A case of corruption related to a public welfare project was started on this basis?” the chief justice questioned incredulously.

    Justice Minallah said that if the case was initiated on the basis of a Metrowatch report then why was the person responsible for restarting the project in 2009 not arrested? He noted that Iqbal was not even a public officeholder at the time.

    Subsequently, the court dismissed the case against Iqbal.

    In 2019, Iqbal was arrested by NAB and remained in custody for two months.

    In April, Iqbal filed a petition in the high court, alleging that NAB had filed the reference against him as part of the then-ruling PTI’s campaign to victimise political opponents.

  • ‘Fitna’: Maryam Nawaz slams Imran for ‘using religion’ for personal benefits

    ‘Fitna’: Maryam Nawaz slams Imran for ‘using religion’ for personal benefits

    Pakistan Muslim League-Nawaz (PML-N) Vice-President Maryam Nawaz has said that religion should not be used for political benefits and blasted Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan for allegedly using faith for political gain.

    “Using religion for personal motives is very bad. I have suffered this and I am a victim”, she said while talking to members of the media.

    “I think religion is a personal matter but it does not remain a personal matter when you say in rallies that ‘voting for PML-N is a sin and voting for me [Imran] is righteous and if my party members switch loyalties then it’s shirk’,” she stated, referring to a recent controversy speech given by Imran Khan at a rally.

    “Shirk’s definition is associating partners with God. Are you changing the entire dictionary and the meaning of religion for your disgusting politics,” she asked the former Prime Minister.

    Shirk is considered to be one of the most heinous sins in Islam.

    At a rally, Khan had said that “people who vote for PML-N leader Nawaz Sharif will be siding with a convict and are on the wrong side. This also means that you will go against Allah’s orders.”

    At one point, he also said that those who defected from his party [PTI] committed shirk.

    “I think all institutions, whether the judiciary or army or politicians or government, should acknowledge he [Khan] is a fitna (chaotic miscreant) who was launched for destruction and from whom no one is safe.”

    Maryam said that she is not in favour of fuel or electricity price increases.

    “I will request the government to focus on it. I don’t support this decision and it should be corrected. However, it will take time to stabilise the economy after what Imran Khan did,” she said, adding that PM Shehbaz Sharif has saved the country from default and slowly the economy will begin to revive.

    Moreover, the PML-N vice president asked Khan to dissolve the provincial assemblies of Punjab and Khyber Pakhtunkhwa (KP) if he wants fresh general elections.

  • ‘Jis ne Nawaz Sharif ko vote deeya, woh Allah ke farman ke khilaf jayega’: Imran Khan

    ‘Jis ne Nawaz Sharif ko vote deeya, woh Allah ke farman ke khilaf jayega’: Imran Khan

    Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, addressing a rally in Chishtian, said, “Agar ap ne Nawaz Sharif ko vote toh matlab ap mujrim ko vote de rahy hai. Is ka matlab ap burai ke sath khary hai. Is ka matlab ke ap Allah ke farman ke khilaf ja rahy hai.” (People who vote for PML-N leader Nawaz Sharif will be siding with a convict and are on the wrong side. This also means that you will go against Allah’s orders.)

    This is not the first time that PTI leader has played religious card against opponents or has mentioned religion in his speeches.

    Another time, while addressing his supporters, he said “You have to spread my message to the public just like the prophets of Allah did”.

    The former prime minister once also said that those who defected from his party [PTI] committed shirk. Shirk, or infidelity to God, is considered a severe sin in Islam.

    “Those who do wrong things to save their jobs commit sin, it is shirk [idolatry]. Those who sell their self-respect and themselves, it is also counted as shirk because Allah is Al-Haqq”, he said.

    Moreover, in Chishtian, the PTI leader said Chishtian is not a stronghold of the PML-N as it claims.

    “We make the country’s biggest robbers prime ministers. Today, the people ruling the country have been robbing the country for 30 years,” he reiterated.

    He once again accused the Election Commission of Pakistan (ECP) and said that the body is a “Pet of the coalition government”.

    Clarifying his earlier remarks against the Pakistan Army, Khan said that “this country is mine and so is the army”.

  • ‘Imran Khan apne bayaan ki khud wazahat karein ke in ka kya maqsad tha’: President Alvi

    ‘Imran Khan apne bayaan ki khud wazahat karein ke in ka kya maqsad tha’: President Alvi

    President of Pakistan, Dr Arif Alvi has said that the chairman of his party, Pakistan Tehreek-e-Insaf (PTI) Imran Khan “apne bayaan ki khud wazahat karey ke in ka kya maqsad tha”. (Imran Khan should himself clarify what he meant.)

    While talking to media at Governor House in Peshawar, Alvi stressed that all soldiers including the Chief of Army Staff (COAS) are patriots. He said that Pakistan Army is busy in helping flood affectees of the country and no one can doubt their patriotism.

    “Including the incumbent government, every institution is patriotic”, the President added.

    Alvi claimed that he is trying to clear all the misunderstandings between the stakeholders.

    Addressing a jalsa in Faislabad on Sunday, Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan alleged that Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif and Pakistan People’s Party co-chairman Asif Ali Zardari wanted to appoint their favourite as COAS because if a “strong and patriotic army chief” was appointed, they would be questioned about their corruption.

    “The army chief of this country should be appointed on merit. The one who is on merit should become the next army chief,” said Khan.

    It is pertinent to mention that Khan drew fire from government leaders over his remarks about the appointment of the next chief of army staff. PTI leaders have been trying to clarify their chairman’s remarks.

    Former Human Rights Minister and PTI leader Shireen Mazari called Nawaz and Zardari “criminals”. She said, “Chairman PTI’s statement was about merit & merit in the selection of COAS cannot be made by two criminals whose only priority is to save their billions stashed abroad and who have zero credibility. Remember DawnLeaks & Memogate?”

    Fawad Chaudhry denied the fact that Khan called the army unpatriotic.

    He said, “As far as I remember, Imran Khan did not mention unpatriotic, every general and Pakistani citizen is a patriot. Imran Khan talked about appointment on merit. Anyway, this is a political matter, not a judicial one. Commenting on the topic is inappropriate.”

    Irked by Imran Khan’s recent remarks about the appointment of a new COAS, the Chief Justice (CJ) of Islamabad High Court (IHC) Athar Minallah minced no words.

    “Did you hear Imran Khan’s speech from yesterday,” the Chief Justice asked the former prime minister’s lawyer on Monday. “Do political leaders deliver such speeches? Will everything be put at stake just for the sake of “game of thrones?” The honourable judge asked during the hearing of a petition filed by the PTI against a ban imposed by the Pakistan Electronic Media Regulatory Authority (PEMRA) on the live telecast of the speeches of Khan.

    Pakistani Army also expressed extreme displeasure over Imran Khan’s recent statement against the establishment and said that the institution was “aghast” over it.

  • IMF report exposes incorrect PTI policies that led to rupee’s devaluation

    IMF report exposes incorrect PTI policies that led to rupee’s devaluation

    The International Monetary Fund (IMF) has issued its country report for Pakistan, exposing erroneous policies implemented by the PTI administration that, according to the Fund, undermined the country’s currency reserves and led to the rupee’s devaluation.

    The study also discloses what the present administration, led by the PML-N, has promised the international lender, according to Samaa.

    The study does not identify any political party, but it does mention rising GDP, which the PTI has said is the outcome of its policies. Pakistan’s GDP increased by 6 per cent in fiscal year 2021-22 (FY22), which ended less than three months after Imran Khan was overthrown by parliament in early April.

    According to experts, the increase in GDP was driven by unsustainable expansion, which resulted in economic overheating. The IMF study comes to the same conclusion.

    According to the Fund, GDP growth in FY22 was “driven by permissive fiscal policy and a delayed monetary reaction to inflationary pressures.”

    These factors, together with worldwide food and fuel price shocks, resulted in a major worsening of the external situation, including an unsustainable current account deficit, a considerable decrease in reserves, and a significant devaluation of the rupee.

    The PTI administration failed to respond to the worldwide commodity price increase, and its policies caused the rupee to depreciate and currency reserves to dwindle, according to the international lender.

    Pakistan is at a crossroads in its economic development. Internal demand reached unsustainable levels as a result of a challenging external environment paired with procyclical domestic measures. According to the IMF, the resulting economic overheating resulted in high fiscal and external deficits in FY22, contributed to increasing inflation, and destroyed reserve buffers.

    The PTI administration broke its pledges quickly after collecting roughly $1 billion from the IMF. Following the completion of the sixth evaluation, programme implementation worsened. In the midst of a volatile political scene, planned fiscal adjustment was reversed, and some significant EFF agreements were honoured, as per the report.

    According to the report, the present administration has informed the Fund that it would reimpose the general sales tax (GST) on petroleum products and will not provide any fuel subsidies.

    The current administration will not declare a tax amnesty unless Parliament first approves it. It will also simplify the sales tax on services throughout the country. Currently, different provincial territories apply varying rates of sales tax on services.

    The Fund takes notice of the actions implemented by the PML-N administration to re-establish the IMF programme, including a budget based on a basic surplus, a rise in interest rates, and the elimination of fuel subsidies.

    The IMF has advised the government to maintain a market-based currency rate, enhance tax income, and strengthen foreign reserves. The IMF also said that the lending programmes entail exceptional risks even after policy adjustments.