• Pakistani Defence Minister Khawaja Asif discloses country's Bankruptcy

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    Pakistani Defence Minister Khawaja Asif discloses country's Bankruptcy
    Pakistan's Defence Minister Khawaja Asif stated that selling two golf clubs built on super expensive government land...

    Digital Desk: Following media reports, Pakistan's Defence Minister Khawaja Asif proposed on Saturday that if two golf clubs built on pricey government land are sold, one-fourth of Pakistan's debt may be paid off.

    According to Samaa TV, the minister admitted that the government has already gone bankrupt and that the solution to the country's issues resides within the country, not with the International Monetary Fund (IMF).

    He also criticised the establishment, bureaucracy, and politicians for the current economic condition.

    Asif claimed that he has been in Parliament for 33 years and has observed the degradation of the country's politics for 32 of those years.

    According to Samaa TV, the PML-N leader further stated that golf clubs were established on government land and that selling two of them would reduce one-fourth of Pakistan's debt.

    Asif also offered condolences for the death of personnel in the fight against terrorism, noting that security services are working relentlessly to confront the problem.

    He alleged that two years ago, terrorists were permitted to reside in the country.

    As reported by The Express Tribune, Asif further stated that Prime Minister Shehbaz Sharif will announce major austerity measures in all government institutions to minimise the fiscal deficit by reducing government spending.

    Meanwhile, the opposition has suggested that the administration make some big decisions and undertake austerity measures in order to get the country out of the economic crisis.

    According to opposition leader Shahzad Waseem, the rulers have closed corruption cases worth Rs 1,100 billion, and the Pakistani people are bearing the brunt of it. He also expressed concern that the new financial measures will fuel inflation, reported The Express Tribune.
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