The Chief Minister of Sindh Murad Ali Shah while addressing a rally on Sunday said that the prime minister of Pakistan is going around the world to “beg” for a bailout from an impending financial crisis.
“Imran Khan is going from country to country to beg (for financial aid),” said Mr Shah who is the leader of the Pakistan People’s Party. He made the comment at a rally in Matli in Sindh province, reported Samaa TV.
Imran Khan has given seats in the government to those without any experience in politics, said the Sindh chief minister.
Last week the United Arab Emirates has finalised a bail-out package worth around USD 6.2 billion to assist Pakistan’s struggling economy. The package will enable Pakistan to deal with its balance-of-payments crisis.
Dawn newspaper has reported that the bail-out package will be announced by the Crown Prince Sheikh Mohammed bin Zayed Al Nahyan of UAE, who will be embarking on his two-day visit to Pakistan on January 6.
The package involves USD 3.2 billion worth of oil supplies on deferred payment, in addition to a cash deposit worth USD three billion.
The source said the package would help Pakistan to save $7.9 billion on oil and gas imports, accounting for more than 60 per cent of annual oil import bill of about $12 billion, from the UAE and Saudi Arabia.