ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb says finally the former finance minister Shaukat Tarin has admitted that PTI government got twenty thousand billion rupees loans during four years which is 76 percent of total loans in the history of Pakistan.
In a tweet today (Sunday), the Information Minister said similar admissions will be made by the former prime minister in coming days.
Marriyum Aurangzeb said confession in agreement with IMF on tough terms, increase in value of dollar up to 189 rupees, inflation, unemployment, economic disaster and corruption will also be made soon.
Read more: Tough budget presented in hard times: Miftah Ismail
Earlier, Federal Minister for Finance and Revenue Miftah Ismail said worsening government administration in the past had caused huge damage to the national economy and drifted it to the verge of collapse, compelling the coalition government to present a tough budget.
Addressing the post-budget press conference, he said if that maladministration were not addressed timely, it would cause further devastation and that was why the incumbent government had to present such a budget to address those issues.
Miftah said there was a need to correct the country administratively, otherwise, its economy would not be run. “We have to go to other countries for loans, packages and deposits. Pakistan is a proud country, a country of proud people, a nuclear power country, and we will have to fix our economy,” he said. “We should not incur such expenditures that we cannot afford.”
