Pakistan could avert economic default knocking at door if elections called in country: Sheikh Rashid

Rawalpindi: (Staff Reporter) Awami Muslim League (AML) chief Sheikh Rashid Ahmed said Pakistan could avert the economic default, which is knocking at the door, if fresh elections are called in the country. In a couple of tweets, he said Prime Minister Shehbaz Sharif had admitted deepening financial crisis but Finance Minister Ishaq Dar had turned a blind eye to what was happening in the country.

According to the source, the solution for the prevailing situation was only fresh elections, he said while warning that default risks were imminent. As the National Security Committee (NSC) is set to meet today for key decision, Mr. Ahmed said the national integrity linked with political, economic and social stability and hoped that decision would be taken in this regard today in the civil-military leadership meeting.

As per details he also lashed out at the coalition government for over spending funds on the cabinet members, adding that IMF conditions were only for the poor segment of the society. He said the rulers had stashed their wealth in foreign banks.