Imran going around world begging for funds: Sindh CM

Image
IANS Badin (Pakistan)
Last Updated : Jan 07 2019 | 2:00 PM IST

Pakistan's Sindh province Chief Minister Murad Ali Shah has accused Prime Minister Imran Khan of travelling around the world to "beg" for financial support for his cash-strapped country.

"Imran Khan is going from country to country to beg (for financial aid)," Shah, a leader of Pakistan People's Party (PPP), said in a speech at a rally in Matli, Badin on Sunday.

He also claimed that those without any experience in politics were given a seat in the government, Samaa TV reported.

On January 5, the United Arab Emirates (UAE) had finalised a $6.2 billion support package to help Pakistan address its balance of payments challenge.

According to a report in Dawn newspaper, the package involved $3.2 billion worth of oil supplies on deferred payment, besides a $3 billion cash deposit. It was expected to be announced by Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan during his two-day visit to the country starting Sunday.

The daily had cited a government official as saying that the package was similar to that given by Saudi Arabia.

With this, Pakistan would get a total saving of about $7.9 billion on oil and gas imports from the UAE and Saudi Arabia, accounting for more than 60 per cent of annual oil import bill of about $12-13 billion, the official said.

The government had also started backchannel discussions with Qatar for some relief in terms of reduction in LNG prices or a relaxed payment schedule, but that was at an early stage, the daily said.

Khan had also visited China in November to seek economic assistance. That time, state-run news channel PTV ran "Begging" dateline instead of "Beijing" on screen during the live broadcast of his speech and became a target of trolling by netizens.

--IANS

soni/sed

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 07 2019 | 1:52 PM IST

Next Story