Imran Khan’s subsidies to destroy Pak’s economy for next administration


With the looming threat of a no-confidence motion, Pakistani Prime Minister is seemingly in a mood to provide subsidies to the general public even at the cost of the which has already plunged into crisis.

Miftah Ismail, the former Pakistani finance minister under the prime ministership of Shahid Khaqan Abbasi termed the industrial package that announced as a “bomb” to destroy the country’s for the next administration, reported Business Recorder.

Many economists must be of the same view despite PM’s claim that the relief package was possible due to improved tax collections. These can be substantiated because–first– 3.799 trillion rupee tax collections (July-February 2021-22) are at par with the budgeted target of 5.8 trillion rupees however for the remaining four months of the current fiscal year there is likely to be a shortfall as the…

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