PTI leaders termed Pakistan’s budget as fictitious and unrealistic

Pakistan. Leaders of Pakistan Tehreek-e-Insaf (PTI), the party of former Prime Minister Imran Khan, criticized the budget presented by Pakistan’s Finance Minister Ishaq Dar, terming it as artificial and unrealistic. PTI leaders accused the finance minister of mixing up one trillion (1,000 billion) rupees in interest payments and non-tax revenue. Facing the threat of bankruptcy due to rapidly depleting foreign exchange reserves, the Pakistan government on Friday presented a budget of Rs 14.4 billion for the financial year 2023-24.

Presenting the budget in the National Assembly (the lower house of parliament), Dar said the government aims to achieve a growth rate of 3.5 per cent in the coming financial year. PTI leaders termed it as ‘Instagrammable Budget’. PTI leader Hamad Azhar alleged that several announcements including salary hike were made to retain the vote bank.

Azhar said the finance minister did not mention any plan to bring down inflation and save the economy from sinking while industrial production has declined by 25 per cent in the last two months due to restrictions on the import of raw materials. Azhar said, “All the targets of the budget are artificial and unrealistic like last year.

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