Shahbaz Sharif criticized the dollar rate hike

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Leader of the Opposition in the National Assembly Shahbaz Sharif, in his condemnation of the current government’s economic strategies, said that the increase in the value of the dollar could be a consequence of a  “clandestine agreement with the International Monetary Fund (IMF)”, 

 Shahbaz, in an official statement, stated that the people are becoming poorer with the increase in the dollar’s value but the government is unresponsive about their despair

“History is witness that any increase in the dollar prices has always augmented inflation in the country,” said Shahbaz, further mentioning that the rulers are maintaining a “criminal silence” regarding the matter of dollar price hike just like their silence over the inflation.

The leader of the Opposition called the called increase in the dollar rates “destructive” for the national economy and “dangerous” for national security and asked the government informs the Parliament about the result of the talks with the IMF if the deal with it hasn’t ended.

“Hiding the terms and conditions agreed upon with the IMF from the Parliament has something fishy about it,” said Shahbaz.

He said that the people are paying the price for approving to the conditions put forward by the IMF in situation of inflation and unemployment.

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