Pakistan is standing in a quagmire: Ishaq Dar

Pakistan is standing in a quagmire, economic development is due to Allah: Ishaq Dar

Pakistan is currently going through a 'critical period' economically, where after the end of the artificial rate, the value of the US dollar increased by a record 25 rupees yesterday and till today this value is 10 rupees in the interbank rate. It has gone higher.

According to estimates so far, the interbank value of one US dollar has gone above Rs 260, but Finance Minister Ishaq Dar has blamed the former ruling party Tehreek-e-Insaf, which he says has 'put Pakistan in a quagmire'. And the economy 'destroyed in five years.'

However, they believe that the security, development and prosperity of Pakistan is the responsibility of Allah.

During the last two days, not only new records of depreciation of the rupee are being made, but there are also talks of 'more tough decisions' in the coming days.

Amidst all this, while the criticism was aimed at former Finance Minister Miftah Ismail until a few months ago, now the guns of social media users are directed at the current Finance Minister Ishaq Dar, who claimed that as soon as he assumed office, They will take the value of the dollar below 200 rupees.

"I believe that Allah will take Pakistan out of this economic problem."

Ishaq Dar has said that Pakistan's economy was destroyed in five years, but the government of the coalition parties wants to improve it by the next general elections.

Speaking at the inauguration ceremony of the Green Line train, Ishaq Dar said that this was the country that was said (in 2013) to be financially unstable. he said that whichever government comes will declare default.

It is the misfortune of the nation that where we stand today (of 2018) five years later, it should be held accountable. All this should be fully investigated.

He says that Prime Minister Shahbaz Sharif has faced enormous challenges but he is brave and fighting. This government did not do it. Today, Pakistan is suffering from Dawn and the Panama drama.

Our team is constantly working on it. The economy has suffered a lot in the last five years We will make improvements before going to the next general election.

He also said that 'Inshallah we will come out of the economic quagmire. Pakistan will develop, this is my faith. Pakistan has been established by Allah Almighty to live in the world, it is the only country which was created in the name of Kalima Sharif. Even Saudi Arabia was also not built on the basis of the Kalima

If Allah created it, then its protection, development and prosperity are also the responsibility of Allah. We as a nation need hard work.

At present, the dollar has crossed 260 in the open market, after which the possibility is also being shown that in the coming days, inflation may increase again in Pakistan and the prices of petroleum products may be increased.

It will be the second time in the last six months that the PDM coalition government and the Pakistan Muslim League-Nawaz Finance Minister have to take 'difficult decisions', the burden of which is going to fall on the common people.

Someone wake up Nawaz Sharif and tell him that Ishaq Dar's magic did not work.

It should be remembered that when these 'tough decisions' were taken by Miftah Ismail, he had to face significant criticism in the Pakistan Muslim League-N and the vice-president of the Pakistan Muslim League-N, Maryam Nawaz, also criticized Miftah Ismail. was done

These decisions were highly criticized in the Pakistan Muslim League-N and it was said that Miftah Ismail and his policies were also responsible for the party's defeat in the by-elections held last summer.

Since the resignation of Miftah Ismail from the post of Finance Minister, he has not remained silent, but he has gone to various forums to criticize the policies of Ishaq Dar and even Nawaz Sharif in tepid terms.

Speaking in a podcast, Miftah Ismail had said that he was very fond of becoming a minister. He finally (became) because he is also the father-in-law of Mian Nawaz Sharif's daughter in the party.

He had also said that becoming the finance minister was "Dar Sahib's personal goal" and that he had "campaigned for six months" against him.

Earlier in his interviews, Ishaq Dar used to oppose Miftah Ismail for increasing the prices of petrol and other commodities.

While tweeting in this regard, journalist Khurram Hussain said that the time has come for Pakistan Muslim League-N to confirm that Miftah Ismail was truthful all this time.

He said that in this very difficult time, the suspension of the IMF program has done a lot of damage and no significant gain. If Pakistan had decided to go with the IMF program, the value of the dollar would not have been so high today.

Analyst Musharraf Zaidi said that today we can try to examine the decision to replace Miftah Ismail with Ishaq Dar because “he has to talk to the IMF.” What Ishaq Dar has done now is Miftah Ismail was doing it from the beginning.

"The sacrifice of ego of these four months will fall on the poor people of Pakistan."

A user named Nasir Baig Chaghatai wrote that "the fight between Ishaq Dar and Miftah Ismail is not only causing damage to the party but also has a bad effect on the country's economy."

As soon as Ishaq Dar took over the position of Finance Minister, Ishaq Dar used to hug Miftah Ismail and offer to work together, but due to the ego of both of them, the party was damaged.

A user, Khalid Hussain Taj, wrote that 'Ishaq Dar wasted five months, Miftah Ismail had brought the economy on track, first de-tracked it and then had to put it on a bad track.'

Shafiq Ahmad Advocate wrote that there is no use telling Ishaq Dar, but someone should wake up Nawaz Sharif and tell him that his Samdhi Sahib's magic did not work. Now look at another economist in the family.

A user named Farrukh Abbasi tweeted that where is Mohsin Ranjha now, who used to criticize Miftah Ismail saying that the electoral politics of the party was being damaged due to him. Will you now give a statement against Dar Sahib?'

Ali Moin Nawazish said in a tweet that "nothing has harmed the Pakistan Muslim League-Nawaz more than Ishaq Dar's mismanagement of the economy."

He was indecisive and had an obsession with dollars. If Miftah Ismail had lived, we would not have had to take such tough decisions so quickly the second time.

News Source : BBC Urdu