Criminal negligence committed against economy in past: Umar Ayub

ISLAMABAD, JUN 19 (DNA) – Federal Minister for Power Division Umar Ayub Khan has addressed the National Assembly budget session, on Wednesday and said criminal negligence was committed against Pakistan’s economy in the past.
Umar Ayub Khan maintained that Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP) left each other behind in taking loans.
“Pakistan has to pay a debt of Rs30,000 billion as the previous government took loans worth Rs30,846 billion and Rs24,000 billion were taken in ten years.
“The government will pay debt of Rs3,000 billion this year and will collect revenue of Rs5,500 billion. Ratio of currency printing was increased hundred percent from 2013 to 2018.”=DNA
=========
Related News

Radio Pakistan Rejects Censorship Allegations
DNA Radio Pakistan has strongly denied recent claims that it deliberately withheld the April 4thRead More

Renowned Scholar Professor Khurshid Ahmed passes away in Leicester at 93
ISLAMABAD, APR 13 /DNA/ – Professor Khurshid Ahmed, a prominent scholar, economist, politician, author, researcher,Read More
Comments are Closed