LAHORE: PML-N President and Opposition leader in the National Assembly Shehbaz Sharif on Friday described the federal budget for 2020-21 as a prescription for destruction.
In a statement, the opposition leader said that the latest budget would halt the remaining breaths of the economy.
Terming the budget as an anti-people, the PML-N leader said that it would bring more inflation and unemployment in the country.
The budget has been designed only to benefit the PTI’s financers and opportunists. He said that reduction in the development budget was not a good omen.
Shehbaz said that the government had earlier tried to hide its incompetency behind the PML-N and now behind the coronavirus pandemic.
He said that Balochistan had been ignored by suspending the CPEC project.
Earlier, the PTI-led federal government had presented a Rs7.14 trillion budget for the fiscal year 2020-21 today.
Minister for Industries and Production Hammad Azhar presented the budget in the parliament.
In the budget speech, Azhar said that dealing with accountability and corruption had been the top priorities of the government.
He said that due to the poor policies of the previous governments the reserves of the State Bank of Pakistan had decreased to $10 billion from $18 billion.
Pakistan had been placed on the FATF grey list due to lack of solid policies, he added.
On the occasion, the opposition members raised slogans against the government and also waved placards inscribed with slogans against the prime minister and his cabinet.
