Sit in didn't affect national economy: Assad Umar
02 October, 2014
ISLAMABAD: Leader of Pakistan Tehreek-E-Insaaf Assad Umar has rejected government's claims that the sit-In at D-Chowk Islamabad was badly affecting national economy.
He maintained that the D-Chowk was already sealed due to ongoing work on metro bus project.
Addressing a news conference Wednesday in Islamabad, PTI's financial expert and outspoken leader Assad Umar said the sit-Ins didn't affect national economy at all and said that there were many other reasons contributing towards fall in country's economy. PTI leader said the economy of the country was witnessing a nose dive since past six months and an economic turn out had resulted in loss of billions of rupees.
He asserted that the economic and financial policies of the government were totally wrong and there was much need of following a more practical policy to improve deteriorating situation of Pakistan's economy.
Declining government's argument that the current price hike was due to depreciation of Rupee against U.S. Dollar, Assad Umar said the issue of rising price and high inflation was due to borrowing RS 2415 billion in just 14 month time.
Commenting on government's recent announcement of slash in petroleum prices, Assad Umar said that cutting petroleum prices would not provide much relief to the masses.
Moreover, Pakistan Tehreek-i-Insaf (PTI) leader Shah Mehmood Qureshi has said that the PTI not intends to derail the government of Pakistan Muslim League-Nawaz (PML-N).
Talking to media in Lahore, PTI vice chairman Qureshi urged Prime Minister Nawaz Sharif to step down from his office till the inquiry about rigging in 2013 general elections being completed.
He said 'Go Nawaz Go' slogans not being chanted by his party but being raised by the general public.