Record Growth Witnessed In Several Sectors In PTI Tenure, Claims Tarin.

ISLAMABAD -- The opposition Pakistan Tehreek-e-Insaf (PTI) on Saturday warned that the incumbent government's proposed budget for the fiscal years 2022-23 would trigger 'another storm' of inflation and unemployment in the country as it is based on 'unrealistic assumptions and targets' that are unlikely to meet.

Addressing a press conference here, PTI Senator and former finance minister Shaukat Tarin severely criticized the federal budget, which was presented by Finance Minister Miftah Ismail in the National Assembly, the other day.

He claimed that it is unlikely that the government would get a relief from the International Monetary Fund (IMF) despite massively overburdening the inflation-ridden masses through this 'non-serious' kind of budget. Flanked by PTI senior leaders including Omar Ayub Khan and Muzzammil Aslam, Senator Tarin alleged that the finance minister presented a very confused budget, as he tried to fool the masses through jugglery of words. 'They should understand that the numbers don't lie, no matter how much spin-doctoring you do.' He said that the government has set unrealistic growth targets in the budget 2022-23 which it would never be able to meet.

Tarin claimed that the budget has a deficit of Rs 4.2 trillion while the country saw the highest GDP growth in the last three years when PTI was in power.

He asked the finance minister to be 'serious at least on the economy', as if the debt had increased during the last few years. The reality must be told that the economy grew considerably, remittances and exports remained at record levels during the PTI government, he said, adding that the agricultural growth of the 'imported' government would be less than last regime as it would not even touch 3.9 per cent.

The former finance minister said large scale manufacturing (LSM), housing, services sector, remittances, and exports all witnessed robust growth during PTI's tenure.

He said that the incumbent withdrew the incentives provided to the industries that would cause their closure, which is alarming.

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