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Finance Minister Miftah Ismail castigated the PTI leadership after Shaukat Tarin allegedly asked Punjab and Khyber Pakhtunkhwa to withdraw from the International Monetary Fund’s (IMF) deal.

Miftah Ismail lambastes PTI leadership for trying to hamper IMF deal

The revelations got here to the fore in an audio leak Monday where the ex-finance minister ought to be heard directing Punjab Finance Minister Mohsin Leghari and Khyber Pakhtunkhwa Finance Minister Taimur Khan Jhagra to cite latest floods as a core reason for withdrawing from the deal.

The KP government — which is definitely under PTI’s manipulate — has already written the letter, however Punjab — which PTI regulations in coalition with PML-Q — is but to write it.

In a press conference after the leaked audio surfaced, Mifath stated at this time, Pakistan is drowning and the solely hope after God is the international money lender.

“Shaukat Tarin is the architect behind PTI’s move. Is Imran Khan so power-hungry that he will do some thing to get back? Is Imran Khan greater than Pakistan?”

“Should we rename Pakistan to Bani Gala? Have they no shame? How can they slump so low?” the finance minister questioned.

Miftah stated the KP finance minister had instructed him that he had not sent the letter — in which he pulled out from the IMF deal — to the lender. “Have some disgrace […] I demonstrated it, the letter was once sent to the IMF.”

The finance minister stated the coalition government took challenging steps, however it used to be all to save the country from default. “Some PML-N leaders — consisting of Shahid Khaqan Abbasi and Nawaz Sharif — have been in opposition to coming into power.”

“You have crossed all lines this time,” he told the PTI.

KP and Punjab provinces are under PTI’s manage and there have been repeated situations the place the federation and provinces have had differences — and it all commenced in April when Imran Khan used to be ousted.

The leaked audio got here to the fore on the day that the international lender’s executive board is scheduled to meet for thinking about Pakistan’s request of releasing the $1.2 billion tranche under the Extended Fund Facility (EFF).

Economic specialists count on the IMF deal to go through despite the setbacks as all the conditions have been met, however, if the board decides towards releasing the trance, it will deal a huge blow to the country’s already faltering economy.