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PTI-Led Government Rejects Opposition Claims on Public Debt


PTI-Led Government Rejects Opposition Claims on Public Debt
Information Minister Shibli Faraz. Courtesy PID
Information minister reiterates claims of having to take out fresh loans to repay loans taken by previous governments
Accusing the opposition of resorting to negative propaganda, Information Minister Shibli Faraz on Wednesday reiterated the Pakistan Tehreek-e-Insaf-led government’s claims of having to take out fresh loans to repay loans taken by previous governments.
Addressing media after a meeting between the ruling party and its allies in Parliament, he said the Rs. 11.3 trillion the PTI had added to the public debt in its first two years in power could be explained very “transparently.” Providing a breakdown to the press, he claimed that around Rs. 6 trillion of the new debt had been utilized on repaying old loans and the interest accrued on them. Of the remaining amount, Rs. 3 trillion was “lost” due to the devaluation of the Pakistani rupee un ....

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Broadsheet LLC scandal: Govt appoints retired Justice Azmat Saeed to head inquiry committee


Broadsheet LLC scandal: Govt appoints retired Justice Azmat Saeed to head inquiry committee
Pakistan
Justice (r) Sheikh Azmat Saeed. The News/via Geo.tv/Files
Retired Justice  Sheikh Azmat Saeed will head the inquiry committee on the Broadsheet case , confirms Information Minister Shibli Faraz
Justice Saeed was part of the five-member larger Supreme Court bench that disqualified Nawaz Sharif
PM Imran Khan has set up a ministerial committee to probe the Broadsheet LLC scandal, Faraz had revealed earlier
ISLAMABAD: The PTI-led federal government has appointed a former judge of the Supreme Court of Pakistan, retired Justice Sheikh Azmat Saeed, as the head of the inquiry committee tasked to probe the Broadsheet LLC scandal. ....

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