IMF wants to slow down the country’s economy in order to reduce inflation: Muftah Ismail

Bureau Cheif
KARACHI: Federal Finance Minister Muftah Ismail has said that the IMF wants to slow down the country’s economy in order to reduce inflation, for which we have to raise interest rates. Talking to reporters on his arrival in Karachi, Muftah Ismail said that if the price was increased today under the agreement reached between Imran Khan and Shaukat Tareen with the IMF, then diesel would become Rs 150 and petrol Rs 100 more. The Finance Minister said that he was going to Doha on the last stage of negotiations with the IMF.
He said that before coming into the government, the deficit was estimated at Rs. 1300 billion.
Muftah Ismail said that we will carry forward the subsidies for a month and a half. Shaukat Tareen tell me where you left the money, you did not leave any money
Reacting to Imran Khan’s announcement of long march, he said that Imran Khan could not bring even ten thousand people to Islamabad. Last time there were 400 people in his sit-in, the rest were Tahir-ul-Qadri’s people. He said that Imran Khan always hinders the development of Pakistan, he always puts personal interest before national interest, his long march is to save Farah Gogi, the former prime minister is doing sit-in and politics. This will harm the country. He took Imran Khan by surprise and said that we had entered into a long term agreement on LNG. Today, due to Imran Khan, Pakistan is short of fuel, LNG and coal. It is true that in the country There is load shedding of electricity and gas, gas load shedding is also taking place in industries in Karachi, previous government did not install new terminals and did not buy fuel.