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'Selected government of Pakistan' should be worried about economy: Reham Khan

File photo: Reham Khan is a Libyan-born British Pakistani journalist, author, and filmmaker. Photograph:( Others )

WION Web Team New Delhi Aug 19, 2019, 10.51 AM (IST) Edited By: Nikhil Pandey

It's been a year since the Imran Khan government stormed to power in Islamabad, promising an end to corruption and an economic turnaround and prosperity for the Pakistanis.

Imran khan had hailed his vision as 'Naya Pakistan'. It was meant to fulfil the aspirations of his countrymen.

But even after completion of one year of Imran Khan-led government, the economic reality of Pakistan is in stark contrast to what had been promised.

Author and journalist, Reham Khan, who is also a former wife of the current prime minister of Pakistan called Imran's government a selected government by Army which is ruining nation's economy.

Watch: Has Imran Khan delivered 'Naya Pakistan'?

"The selected government of Pakistan has completed one year and the selectors are worried. They should be worried if they are not. In one year we saw what happened to the stock exchange, we hit the lowest of the stock exchange within a year. Compare it to August 17 last year, it was 42,500 points and now it is 28,900 points," said Reham Khan.

"There was a time when the one dollar was equal to 105 Pakistan rupees, our heart was sinking, but it was stable for some time. Last year I had predicted dollar would touch 155, now we are ashamed and in pain that our rupee has seen a drop of 33 per cent," she added.

Prime minister Imran Khan has accepted that the imposition of 200 per cent duty by India after the Pulwama terror attack has badly affected Pakistan's economy.

Pakistan is facing global isolation more than ever. It has been grey-listed by the FATF. And under president trump, the US military aid to the country is drying up.

On the domestic front, the country is in the grip of inflation. Prices of essential commodities have gone up and the common people are feeling the pinch.

Petrol and diesel which were retailing at Rs 95 and Rs 112 per litre are now retailing at Rs 117 and Rs 132 per litre.

CNG which retailed at Rs 81 per kg at this time last year, is now retailing at Rs 123 per kg.

The Pakistani rupee too has taken a beating against the Dollar. From exchanging at rs 123 against one dollar, the Pakistani rupee has seen a sharp decline and now has an exchange rate of 158 Pakistani rupees against a dollar.

Price of dry bread has shot up by over 25% in just the last year. Milk, tomatoes, onions, sugar and other daily essentials have also become dearer.

Story highlights

Imran has accepted that the imposition of 200 per cent duty by India after the Pulwama terror attack has badly affected Pakistan's economy.