PML-N President and Leader of the Opposition in the National Assembly Shahbaz Sharif. — AFP/File
- PML-N leader predicts “doomsday-like” inflation will grip the country starting December 1.
- Warns the country has been pushed into an economic abyss, “if nothing is done soon, the recovery will become impossible.”
- Shahbaz Sharif says record-high trade deficit is a “dangerous sign of economic catastrophe in the country.”
Terming the alarming upsurge of the value of the US dollar against the rupee a sign of “economic devastation”, Leader of the Opposition in the National Assembly Shahbaz Sharif on Saturday said significant fluctuations in the rupee-dollar parity are due to the “lack of a sound economic policy” in the country.
The local currency on Friday closed yet again above Rs175 — near its all-time low against the US dollar.
According to a statement issued by the party, the PML-N president stated that when the finance ministry…