i ECONOMY

Economic collapse attests Shehbaz-led group of 13 unable to run country: FarrukhBreaking

June 09, 2023

Pakistan Tehreek-e-Insaf (PTI) PTI West President Farrukh Habib said that the current inapt government led by incompetent Shahbaz Sharif crippled the well-performing Pakistan’s economy, as  the National Economic Survey for the financial year 2022-23 clearly showed that almost all important sectors remained negative in the outgoing year. PTI West President on Friday said that that the cabal of thieves nosedived the fast thriving economy in one year, which was clearly indicating from the rapid and alarmingly declining GDP growth rate from the 6.1 percent to the current 0.29 percent.

He alarmed that these incompetent rulers pushed the country back several decades in the one year. Farrukh Habib stated that the National Economic Survey for the financial year 2022-23 showed that important economic sectors including industry, remittances, exports, overall growth targets, per capita income, agriculture and services, investment remained negative.

He went on to say that it was the testimony that the gang of 13 parties including Shahbaz Sharif miserably failed to run the country together. Farrukh Habib stressed the need that the country could not afford any further experiments; hence the much-needed elections should be held instantly, which was the only way forward to attain political and economic stability in the country.

Credit: Independent News Pakistan-INP