LAHORE: Central leader of Pakistan Tehreek-e-Insaf and former finance minister Hamad Azhar has said that the country’s borrowing rate has doubled after the end of the PTI tenure.
According to the details, the former finance minister said in a statement that the risk of Pakistan’s default has increased many times. “Inflation has tripled since the regime change,” he said.
In the statement, Hamad Azhar said that in 14 months, the Pakistani currency fell by more than 100 rupees against the dollar. “The fear of the country defaulting increased manifold,” he asserted.
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It should be noted that earlier the former finance minister said that the increase in the prices of petrol and diesel was not due to the global market, but PDM destroyed the country’s economy.
In his message on Twitter about five months ago, the PTI leader said that the increase in the prices of petrol and diesel was not due to the global market, while PDM has destroyed the economy.