Pakistanis paying heavy price for `regime change conspiracy`: former PM Imran
Pakistani The ousted prime minister is paying a heavy price for the “conspiracy” of power change Imran Khan said on Thursday as he once again slammed former army chief Qamar Javed Bajwa for helping a “bunch of criminals” come to power.
Khan, chairman of the Pakistan Tehreek-e-Insaf party, criticized the government for “butchering” the Pakistani rupee, saying it had increased public debt and fueled high inflation.
On Thursday, the Pakistani rupee fell sharply by 18.74 rupees against the dollar in the interbank market. Analysts attributed the record decline to the government’s standoff with the International Monetary Fund.
“Rupee carnage – loss of 62% or more than 110/$ in 11 months of PDM. This alone has increased public debt by 14.3 trillion rupees and historical 75 year high inflation of 31.5%,” Khan tweeted. done
Pakistan’s economy is in dire straits due to cash crunch. A few weeks ago foreign exchange reserves fell to a critical low of $2.9 billion. The cash-strapped country is eagerly awaiting a $1.1 billion package from the International Monetary Fund (IMF).
Pakistan’s long-time ally China is the only country that has refinanced Islamabad to the tune of $700 million. “Pakistanis are paying a heavy price for the regime change conspiracy, where a group of criminals by ex-COAS has been unleashed on the country,” Khan tweeted.
Khan, 70, has been at loggerheads with Bajwa ever since he was ousted from power in a no-confidence motion in April. Khan had earlier alleged that the former army chief wanted to impose emergency in the country by killing him.
Also Read: Pakistan Court Dismisses Mischief Charge Against High-ranking Retired Army General
In January, he accused Bajwa of playing a “double game” against his government and said he had made a “big mistake” by extending the then army chief’s term to 2019.
Bajwa, 61, retired on November 29 last year after being given a three-year extension in 2019 by then Prime Minister Khan, who turned out to be Pakistan’s biggest critic of the military.
The powerful military, which has ruled the coup-ridden country for more than half of its 75-plus years of existence, has so far wielded considerable power in matters such as security and foreign policy.
Former cricketer-turned-politician Khan is the only Pakistani prime minister to have been dismissed in a no-confidence motion in parliament.
He alleged that the no-confidence vote was part of a US-led conspiracy to target him because of his independent foreign policy decisions on Russia, China and Afghanistan. The US has denied these allegations.
This story is sourced from third party syndicated feeds, agencies. MID-DAY DOES NOT ACCEPT ANY RESPONSIBILITY OR RESPONSIBILITY FOR ITS RELIABILITY, RELIABILITY, RELIABILITY AND DATA OF THE TEXT. Mid-day management/mid-day.com reserves the right to change, delete or remove content at its sole discretion (without notice) for any reason.