Pakistan’s economy will depend on external support

LAHORE: Pakistan Muslim League-N (PML-N) President Shehbaz Sharif on Monday said the proposed mini-budget of the government would leave Pakistan’s economy dependent on external support.

“I again tell the conscientious government members and allies that mini-budget is a cup of poison, stay away from it. Mini-budget amounts to stabbing a knife into Pakistan and its people’s back, we should fight against it,” Shehbaz Sharif said in a statement.

He said the government’s move would turn out to be a lethal poison for Pakistan’s fragile national interests such as economic sovereignty, nuclear technology and Kashmir.

Instead of slitting people and the economy’s throat with a mini-budget, the government needed a 10 years’ sustainable economic strategy, he maintained.

“A ten-year policy will have to be formulated to get Pakistan out of the quagmire of problems. Only by consistently working on this ten-year economic policy can a way out of the current economic quagmire emerge,” he said.

PML-N president said the incumbent government had neither the capacity nor the vision to formulate a ten-year plan for sustainable economic growth, nor could it build consensus.