Imran Khan attacks the Pakistani army and blames it for the worsening of the economic crisis

Former Pakistani Prime Minister Imran Khan on Friday launched a veiled probe into the mighty military for allowing the opposition’s crucial no-confidence motion filed against him to become a success, saying he had warned neutrals that if the plot succeeded, the country’s fragile economic recovery would go into a “pirouette”.

Khan took to social media after the Pakistani rupee continued to depreciate and hit 193 rupees against the US dollar, the lowest in the country’s history.

He said the imported government was doing nothing as the market was waiting for action.

Market waiting for policy and action, which the imported government did not provide. Shaukat Tareen and I warned the Neutrals that if the conspiracy succeeded, our fragile economic recovery would crumble. That’s what happened now, he said in a tweet.

Interestingly, Khan was unable to do much as prime minister to improve the economy and failed to control inflation, but he is now using the sluggish economic conditions to target his opponents.

Rupee at low Rs193/$ (from Rs178/March 8); Interest rate at 15% at its highest since 1998; Stock market down 3,000 points or 6.4%; the stock market lost 604 billion rupees in capitalization; 13.4% inflation highest since Jan 2020. Reflects lowest ever trust in imported government, he said in another tweet.

Khan used the word “neutral” to target the Pakistani military after his military spokesman announced in March at a press conference that the armed forces would remain neutral in the political struggle between Pakistan’s Tehreek-e- Khan’s Insaf and the Common Opposition.

Criticism is mounting of Prime Minister Shehbaz Sharif’s coalition government, which has so far done nothing to address key economic issues.

He is currently in London with a key party leader to consult his brother and former Prime Minister Nawaz Sharif on the daunting political and economic issues.

Khan is having a field day as he addresses rallies to pressure the government to call a snap election, and criticizes the government for doing nothing on the economic front.

Sharif accused his predecessor Khan of planning to start a civil war in the country and warned against legal action for concocting a narrative against the country’s national institutions.

His remarks came on Monday after Pakistan’s mighty military warned critics to avoid smearing the premier institution as it strongly opposed intensified and deliberate attempts to drag it into politics following the ousting of the Khan-led government. last month.

The 69-year-old cricketer-turned-politician was ousted from power last month in a no-confidence motion, which he says was orchestrated by the United States with the help of local actors for his pursuit of a independent foreign policy. His supporters used social media to target the military for doing nothing to save his government.

State institutions like the judiciary and the military have come under heavy criticism since the Imran Khan-led government was ousted in a no-confidence vote.

Since then, Khan has held several public rallies in different cities, calling the new government traitors and corrupt leaders allegedly imposed at the behest of the United States.

Since his ouster, he accuses the United States of having conspired against his government, a position that the current government has refuted.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor

Comments are closed.