Had warned 'neutrals' PTI ouster would result in economic 'tailspin': Imran.
ISLAMABAD -- Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Friday took the federal government to task over the country's worsening economic condition, saying he had warned 'neutrals' -- a reference to the establishment -- that the economy would go into a 'tailspin' if the "conspiracy" against his government succeeded.
The remarks by the former prime minister, who was ousted from power through a no-confidence motion by the joint opposition, came on the heels of the historic depreciation of the Pakistani rupee against the US dollar and the bloodbath at the stock market over the past few days. The rupee has touched Rs193 against the US greenback whereas the bears ruled the stock market amid economic uncertainty.
Imran tweeted that the government led by PML-N President Shehbaz Sharif has "failed to provide" policy and action being awaited by the market. He added that he had told the establishment that the ouster of his government would result in economic recovery going into a tailspin which has "now happened".
The PTI leader said the interest rate was highest at 15 per cent since 1998 while the stock market lost 3,000 points and inflation rose to 13.4 per cent due to the "lowest ever confidence" in the government.
Imran had made similar claims during a gathering in Attock on...
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