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“The hybrid experiment failed, creating economic instability that led to default.”TAZAA News

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The economic situation of Pakistan is now very close to that of Sri Lanka. A similar situation arose in Sri Lanka a year ago before the default. Pakistan is now standing there. Now we have only days and weeks left, not months. When the hybrid experiment in the country failed due to internal conflicts, that is why we reached the current situation. It was known that this experiment would fail, but it was not known that its intensity would be so high and its impact would be felt on such a large scale. This is what economic analyst Khurram Hussain says.

Speaking on Naya Dur TV’s Khabar Se Aaye talk show, Khurram Hussain said that the current crisis can be overcome by accepting IMF terms, but it will have to pay a heavy political price as the terms are excessive. hard Before coming to the government, Shehbaz Sharif had met and negotiated with Miftah Ismail many times and Miftah had told Shehbaz rightly that the prices should be raised, but when he came to the government, he started to implement, members within the party protested. took it hard.

He said when Shahbaz Sharif did not listen to the party members, they called Nawaz Sharif in London. Ishaq Dar told Nawaz Sharif that Miftah Ismail is no longer in charge. Nawaz Sharif held a meeting there in which Ishaq Dar and Miftah Ismail were also present. At the same meeting, it was decided to change the Minister of Finance. Isaac brought in old ideas, he did not understand that the world has changed a lot. He came to Sahib and wasted four months and stopped the IMF program due to which the economy deteriorated.

Analyst Musharraf Zaidi said that by taking tough decisions, the PML-N will suffer, but not enough to destroy it completely. Pakistan’s economy has collapsed due to wrong decisions. In 2023, it seems that the political and economic conditions are not going to be stable, and from 2024 there is even less hope. Pakistan’s decision-makers are unable to pull the country out of this vortex.

He said that in the last four or five years, people, institutions, and the constitution inside and outside the country, such as Saudi Arabia, the United Arab Emirates, China, and the United States, were lied to so much that now other countries and international organizations, such as Like the IMF, they are not ready to trust us. The deception of Pakistan’s elite was revealed to everyone. We should be thankful that Saudi Arabia, United Arab Emirates and China allow our ministers to come to their countries and listen to our calls, otherwise there is serious mistrust.

Murtaza Solangi said, I request the politicians not to put the entire burden of the conditions of the IMF program on the people, and also not to put a little burden on the people because the economic conditions have reached this level. He said that it is expected that Mohsin Naqvi will be appointed as interim Chief Minister of Punjab tomorrow by the Election Commission.

The host of the program was Raza Rumi. “Khabar Se Aaida” is broadcast on Naya Dur TV every Monday to Saturday from 21:05.

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