PPP refuses to accept selected budget of selected govt: Bilawal Bhutto

KARACHI – Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has said Thursday that PTI s budget is not public rather political hence the PPP refuses to accept the selected budget of the selected government.

In his statement, Bilawal Bhutto said that Imran Khan s government has caused a loss of up to Rs 1000 billion to the national exchequer just by altering the interest rates.

He said that Imran Khan facilitated the remittance of $2 billion of certain investors from outside the country and then returned the money by fixing the interest rate at 13.25 % hence causing Rs 300 billion loss to the national exchequer.

Bilawal Bhutto said that the International Monetary Fund (IMF) had asked to fix the interest rate at 12% while Imran Khan’s government fixed it at 13.25% to facilitate certain investors.

PPP chief further said that Imran Khan s government has facilitated certain investors up to Rs 700 billion by abruptly changing the interest rates of Pakistan Investment Bonds.