KARACHI   -  Pakistan Muslim League–Nawaz (PML-N) convener Ahsan Iqbal has said the government led by the Pakistan Tehreek-e-Insaf (PTI) has failed to keep its promise about bringing back the stolen money.  Before the general elections, he said, the PTI leadership claimed that it would bring back $200 billion from foreign banks, but it could not bring back even $2 billion.

Iqbal expressed these views while addressing a press conference here on Saturday. He was accompanied by former Sindh governor Muhammad Zubair, former finance minister Miftah Ismail and party leaders Salim Zia and Shah Muhammad. On the occasion, political figures Nawaz Ahmed Talpur and Khawaja Salman announced joining the PML-N. Criticizing the PTI government, Iqbal, who is a former federal minster, said the country was being ruled by an incompetent and inexperienced team. “If we see the current economic policies, it seems like the government is working on a formula to run a car on water,” he said.

He said that PML-N role in economic growth and restoration of peace cannot be ignored as its previous government generated 12,000 megawatts of power in just four years and eliminated terrorism and extortion from across the country through military operations Radul Fassad and Zarb-e-Azb.  PML-N restored peace in Karachi and revived the business, which had been in decline in the past. He said the PML-N brought billions of dollars investment to Pakistan through the China-Pakistan Economic Corridor (CPEC) at a time when no one was ready to invest even $10 dollar here. “The CPEC would have made double progress and the national economy would have stabilised if the PML-N would have assumed power again. But, through a conspiracy, hurdles were put in the way of our victory because many countries do not want to see Pakistan progress,” he said. He said the PML-N cannot compromise on principles but can give sacrifices to save party’s ideology. He said the PTI made tall claims but failed to give any positive result. A $6,000 billion economy cannot be run by auctioning off buffalos and cars.

It needs a proper and effective plan.

Iqbal said that Prime Minister Imran Khan and his team raised the petroleum and gas prices recently. When the PTI was in opposition, he said, it described the rise in POL prices a cruelty with the masses. He said that former prime minister Nawaz Sharif was quiet on all this because of expediency.