PML-N decides to launch campaign against unemployment and inflation.

ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) on Monday announced to launch a countrywide campaign against rampant inflation and unemployment in the country.

Speaking to reporters after a party meeting here in the capital, former prime minister Shahid Khaqan Abbasi said the PML-N has also decided to propose an 'alternative economic strategy' in order to protect the country from 'this government's anti-public policies'. "In light of the rising inflation, minimum wage should be increased to Rs 20,000. Tariffs of power and gas be reverted to that of May 31, 2018, as increase in prices is not justified. Prices of urea and DAP fertilisers be reverted to that of May 31, 2018. Prices of petrol and diesel be brought down to a level where they are tolerable. No new taxes should be introduced in the upcoming budget. Current tax rates should not be increased in the upcoming budget," he said while spelling out party's set of demands which he said should be incorporated by the current government in the upcoming budget.

Abbasi said the country's economy will not have come to this point had the incumbent leadership 'kept their mouths shut'. "Even today, I offer the same advice. If they cannot speak the truth, then they should not lie either," he said.

Abbasi demanded that the government come forward with the conditions set by the International Monetary Fund (IMF) so that the 'public can know the deal we have made with the international lender'. He said there are a lot of 'suspicions' regarding the conditions that the government has agreed to with the IMF.

The former prime minister said the State Bank of Pakistan (SBP) has raised the policy interest rate by 1.5 per cent all of a sudden which will have an adverse effect on the business community and may also lead to an increase in unemployment. "In any country, if the rate increases even by 0.1pc, it becomes part of a public debate [...] whereas here, the budget has not been announced, the deal with the IMF has not even been signed yet and the State Bank increased the policy interest rate by 1.5pc," he said.

Abbasi denied that the party is planning to protest against the government. "This is a fallen government. We don't mean to overthrow it, our real aim is to solve people's problems," he said. "Our goal is not to break up the government or seek popularity ... our goal is to resolve the public concerns," he said. "If the solution to the people's problems is in toppling the government, then a decision...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT