Former finance minister and Pakistan Muslim League-Nawaz (PML-N) leader Miftah Ismail has asserted that the risk of Pakistan’s default has increased, urging the government to take steps to avert the growing threat.
While giving an interview with a private news channel, Miftah Ismail said that as the finance minister, he took difficult decisions on the assurance of Prime Minister Shahbaz Sharif.
The PML-N leader further claimed that Pakistan’s default risk would not be reduced unless the International Monetary Fund (IMF) comes to the table.
However, he said, if the link with the IMF is severed or a program is suspended, other loans are also stopped. Miftah believes that the path Pakistan was on could lead the country to default, urging the government to take immediate steps.
Miftah Ismail warned that Pakistan is back in danger and the situation will not improve until the IMF comes to the table.