Sri Lanka-like crisis awaiting country, cautions Imran.

LAHORE -- Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan yesterday said that never in the country's history had Pakistan faced a worse economic crisis than the one it 'faces these days'.

'The crisis is deliberately manufactured and it is not a natural chaos,' Imran said this while addressing the 'Rule of Law' conference via video link here. He cautioned that the country is heading towards Sri Lanka-like economic crisis.

Imran said the country's reserves had fallen to a historic low, adding,'We do not have money to open the Letters of Credits (LCs).' 'No one is ready to give funds to Pakistan,' he further said. The International Monetary Fund (IMF) will come to rescue Pakistan only when its conditions are accepted, the deposed prime minister said. He, however, added that inflation would further rise in the country if the conditions of the international lender are accepted. 'Everyone [in the government] is hoping to get money from Saudi Arabia and China,' Khan said, adding that the rulers, in Geneva, requested the international community to provide them funds in connection with the devastation by the environmental changes. The coalition government, he said, had failed to tackle the economic crisis as 'it does not have any plan' to restore the economy'. The PTI chief said that never in the country's history had Pakistan faced a worse economic crisis than the one it 'faces these days'.

Interestingly, Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif also blamed General Bajwa and Lieutenant General (retd) Faiz Hameed for the current mess in the country. He again blamed former army chief Gen (retd) Qamar Javed Bajwa, claiming the uncertainty started the day his government was overthrown.

'Due to the decision of one person, the PTI-led government was toppled and the crisis started,' the former prime minister said. Until the 90s, Pakistan's economic indicators remained largely positive in the Subcontinent, the PTI leader said, adding that no one could have imagined...