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What Suggests Austerity Measures Of Imran Khan? Is Pakistan In Deep Economic Trouble!

What Suggests Austerity Measures Of Imran Khan? Is Pakistan In Deep Economic Trouble!

After Imran Khan came to power his government has taken a number of austerity measures to improve the sagging economy of the country. The debt of the country has swelled to $27,000 billion from $6,000 billion.

The situation has reached to such an extent that now the country has been taking more loan as to payment of the interest on those loans previously taken.

On Friday Pakistan’s new cabinet decided to ban first-class air travel for its top officials that includes- PM, Senate chairman, chief justice, National Assembly speaker and chief ministers and even President.

They would no longer have the privilege of traveling first-class on international flights. Rather they would have to make do with club class or business class. The reason cited is that most of the Foreign airlines charge fares which are three-hundred times higher than fares for business or club class.

Imran has himself has decided to fly abroad in business class instead of traveling in a special plane. A special plane would be reserved for his travels within the country.

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Not only that the Imran’s Government has also made the proposal to have the option of six days working in a week. But it was rejected later on.

It is also reported that Pakistani rupee has plummeted due to external debt of the country. Recently Khan said that Pakistan is amongst the five countries in the globe where children die of drinking dirty water and malnutrition. As many as 25 million children of Pakistan are out of school and the elite class is leading a life of lavishness.

Khan has also taken a three-room apartment instead of the lavish bungalow. In his maiden address to the nation, Khan said that he would not be staying in the prime minister’s official residence rather he would live in a house allotted to the military secretary with two employees.

Imran Khan took oath as the 22nd premier of the country by President Mamnoon Hussain in Islamabad on Saturday. Present on the occasion were – officials from the Pakistan Army, Navy and Air Force, His wife, Bushra Maneka, Indian cricketer-turned-politician Navjot Singh Sidhu and Pakistani cricketer Wasim Akram.

Khans austerity measures suggest that the country is no Deep Economic Trouble. Now the best option would for the country keep its austerity in Army also and void any military confrontation with its neighbors, especially with India.

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