Where US$ 60 billion loans have gone?, asks Fawad Chaudhry from PPP & PML-N

PoliticsWhere US$ 60 billion loans have gone?, asks Fawad Chaudhry from PPP...

ISLAMABAD, Pakistan: The Information and Broadcasting Minister Chaudhry Fawad Hussain on Tuesday said Pakistan’s foreign debt from 2008 to 2018 increased substantially by US$ 60 billion, reaching US$ 97 billion from US$ 37 billion.

In a tweet, the minister said several mega projects were executed until 2008, which included development of Islamabad and construction of Tarbela and Mangla dams, naval bases, Gwadar and motorway besides equipping the armed forces with modern weapons.

However, he said later the amount of the heavy debt was distributed between Sharif and Zardari families.

The information minister said the money was sent abroad illegally through Hundi and Hawala means, and fake accounts were also used for the purpose.

Fawad Chaudhry said Nawaz Sharif, Shahbaz Sharif and Asif Zardari were the main characters of that drama while there were dozens others who played the side role in that malpractice.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Azerbaijani people commemorate National Leader Heydar Aliyev

Azerbaijani people commemorate National Leader Heydar Aliyev

0
Monitoring Desk: Every year Azerbaijani people on December 12 commemorate the death anniversary of Azerbaijani Great Leader Heydar Aliyev.Today, 21 years have passed since...

A doomed PTI is eager to talk with the government

0
Monitoring Desk: After trying various tactics, PTI is eager to talk to the government and is making every effort to get a positive response...
Hemani “Power Plus”

Hemani “Power Plus” become first Pakistani product registered in UAE

0
Monitoring Desk: Hemani “Power Plus” has become the first Pakistani product registered in the UAE.

Syrian disorder shows why the Armed Forces are essential for social order

0
DND Special ReportThe Middle East is volatile again and a kind of “Islamic Colour Revolution” has collapsed the state institutions where the swift...

Once again media bias targets Pakistan with unsupported content about PTI’s November 24 protest

0
Monitoring Desk: Pakistan has always been under the target of biased media a textbook example of how certain groups, individuals, and countries can try...
Advertisement