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Opposition slams Budget 2020-21, terms it ‘anti-people’

MM News Staff by MM News Staff
June 8, 2021
Opposition slams Budget 2020-21, terms it ‘anti-people’

Opposition slams Budget 2020-21, terms it ‘anti-people’

LAHORE: Shortly after PTI-led federal government presented the Budget for the fiscal year 2020-21, opposition leaders from PML-N and PPP have criticized the presented budget and termed it an ‘anti-people’.
Pakistan Muslim League-Nawaz President and Leader of the Opposition in the National Assembly Shehbaz Sharif has termed the budget anti-people and said that this wasn’t a budget, but a path to destruction.
Shehbaz Sharif predicted that inflation and unemployment would surge as a result of the presented budget 2020-21. “Unfortunately, the nation is paying for this government’s incompetence,” he added.
He questioned the government’s performance and said that it was the first time the country’s gross domestic product (GDP) had contracted in 68 years.
“The incumbent government is the first one which is unable to achieve its own target of revenue, fiscal deficit and GDP growth,” he claimed.
Shehbaz lamented that the fiscal deficit had never climbed to double-digit. “The budget and its goals are unrealistic, and public difficulties are likely to increase,” Shehbaz added.
“Where is their creative thinking, increasing exports, developing agriculture and industry, and people-friendly budget measures?” he questioned.
‘Senator Sherry Rehman’
Pakistan Peoples’ Party (PPP) Senator Sherry Rehman has said, “This is not a national budget for a country facing a crisis.”

This is not a national #budget for a country facing a crisis. It squandered a huge opportunity to change priorities, like diverting resources to health as % of GDP, but it instead cut money for provinces who run social spending. It’s just an accounting exercise led by IMF.

— SenatorSherryRehman (@sherryrehman) June 12, 2020

In a tweet, she said, “The government has squandered a huge opportunity to change priorities like diverting resources to health as percent of GDP, but it instead cut money for provinces who run social spending.” She termed the budget as an accounting exercise led by the International Monetary Fund.
Earlier today, the FY2021 Budget was revealed by Minister for Industries Hammad Azhar during a session of the National Assembly.
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