We have saved Pakistan from default & are proud of it: Miftah Ismail

ISLAMABAD, July 30 (SABAH): Federal Minister for Finance and Revenue Dr. Miftah Ismail Ahmed has said that when Imran Khan came to power the rupee was at 122. When he left it was 190. When he came, Pakistan owed Rs 25,000 billion. When he left we owed Rs 44,000 billion. In his last year Pakistan imported goods worth $80 billion and ran the nations highest trade deficit. In each of his 4 years he ran the highest budget deficits in our history.

In a series of tweets on Saturday, Dr. Miftah Ismail said that Imran Khan left the energy sector in a serious mess. With no provision or contracts for gas or fuel, and circular debts of Rs 2500 billion in power and Rs 1500 billion in gas. Last year alone, addition to power circular debt was Rs 850 billion.

Miftah Ismail said that when Imran Khan broke the IMF agreement to give his friends/ATMs another tax amnesty and set up a fuel subsidy trap for the next government, he drove Pakistan towards bankruptcy. We are the ones who have picked up the pieces at the cost of our political capital, he said. We have saved Pakistan from default and are proud of it.

Miftah Ismail said that from Toshakhana watches to foreign funding to giving confiscated £190 mil back to demanding jewellery to Farah Khan wielding power and taking bribes, we know who is the real thief. We know who is corrupt, untruthful and incompetent. Imran Khan and Imran Khan alone is responsible for this mess.