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IMF deal a ‘complete sell-out’: Opposition criticises govt’s $6bn bailout package

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Opposition parties on Monday lashed out at the Pakistan Tehreek-i-Insaf (PTI) government’s agreement with the International Monetary Fund (IMF) about a $6bn bailout to implement an “ambitious structural reform agenda” over a period of 39 months.

The announcement was made by Abdul Hafeez Shaikh, prime minister’s adviser on finance, on Sunday night.

Maryam Nawaz, a vice president of the PML-N, called the agreement a “complete sell-out of [the country’s] sovereignty” and added that it had been “rejected by the stock market”.

In a tweet, Maryam said that the incumbent government had led the country on a “brink of [an] economic disaster” in just nine months.

“IMF or no IMF – the incompetent rulers were not sure. Finally when it does come, it’s a complete sell out of our sovereignty and rightly REJECTED by stock market,” she tweeted. “After just 9 months, country is on the brink of [an] economic disaster.”

Sobia Umair

Sobia Umair

Housewife and mom blogger

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