The former prime minister and Pakistan Tehreek-e-Insaf Chairman Imran Khan on Friday rejected the Rs9.5 trillion federal budget for the fiscal year 2022-23.
“We reject this anti-people and anti-business budget presented by the imported government,” he wrote in a tweet.
“Budget is based on unrealistic assumptions on inflation (11.5%) and economic growth (5%),” Imran Khan said, before pointing out that the sensitive price index issued on Friday showed that inflation in essential commodities stood at 24%.
“(SPI figures) indicates that inflation will be between 25/30% which on the one hand will destroy the common man and on the other hand retard economic growth due to high-interest rates,” the former PM said.
“All our progressive tax reforms and pro-poor programs such as Sehat card, Kamyab Pakistan are being shelved,” he said adding that “It is unimaginative, ‘Purana Pakistan’ budget creating more burdens and misery for the nation.”
“We reject this anti-people and anti-business budget presented by the imported government,” he wrote in a tweet.
“Budget is based on unrealistic assumptions on inflation (11.5%) and economic growth (5%),” Imran Khan said, before pointing out that the sensitive price index issued on Friday showed that inflation in essential commodities stood at 24%.
“(SPI figures) indicates that inflation will be between 25/30% which on the one hand will destroy the common man and on the other hand retard economic growth due to high-interest rates,” the former PM said.
“All our progressive tax reforms and pro-poor programs such as Sehat card, Kamyab Pakistan are being shelved,” he said adding that “It is unimaginative, ‘Purana Pakistan’ budget creating more burdens and misery for the nation.”