Miftah also said that the PTI government has left a huge circular debt of Rs2500 billion in power sector and had created Rs1500 billion circular debt in the natural gas sector.
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Russia’s invasion of Ukraine has sparked fears of a global economic fragmentation, which Malpass attributed to an over-reliance on Russian energy and Chinese supply lines.
Premier and ministers were briefed over the economic condition, energy and law and order situation in the country.
“Now, the government has to decide whether it wants to disband the NAB or keep it functional… whether to run the government or NAB. We must take that decision,” Abbasi told reporters outside the accountability court in Karachi.
“Citizens, please don’t be overly panicked. We hereby clarify the information and apologise,” an anchor said in the network’s news bulletin at 10 am local (0200 GMT).
The administration pledged investigations into charges that police used excessive force to remove protesters protesting high fuel prices and seeking President Gotabhaya Rajapaksa’s resignation over the increasing economic crisis.
Wall Street sent Netflix’s stock tumbling 26% after the bell on Tuesday and erased about $40 billion of its stock market value. Since it warned in January of weak subscriber growth, the company has lost nearly half of its value.
The British high commissioner “congratulated him on entering the office and extended the best intentions of the British government” to the new prime minister at his first meeting with him today.
