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Thursday, June 30, 2022

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Pakistan is heading in the direction of a ‘default’ quickly : Ex FBR Chief


Islamabad: Former Chairman FBR Shabbar Zaidi has stated that Pakistan is heading quickly towards financial default except the federal government takes speedy measures, ARY News reported. 

Talking completely to ARY News Ex-Chairman Federal Board of Revenue (FBR) Shabber Ziadi warned that the nation is heading in the direction of chapter and the Pakistan Muslim League Nawaz (PML-N) authorities has to make some massive choices within the coming week or so.

He stated that the present doe snot has every other possibility than the International Monetary Fund (IMF), and so they must adjust to their circumstances.

The former FBR chief stated that the PML-N took cost with none homework, and now they’re trapped between a rock and a tough place.

The authorities has achieved nothing however waste time and push the county right into a deeper financial disaster, he added. It appears to be like like the federal government would final just a few extra days, he stated.

Also Read:Asim Ahmad appointed new FBR chief

Earlier, PML-N chief Shahid Khaqan Abbasi had stated that the financial disaster is method worse than they anticipated.

The former Premier stated that the earlier authorities borrowed loans one after one other damaging all the financial system. “Why should the current government pay for PTI’s follies,” he questioned.



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