Govt steps will destroy small traders, says Shaukat Tareen

ISLAMABAD (92 News) - Former finance minister Shaukat Tareen has said that the government steps will destroy the small traders.

Talking to the media on Friday, he said that the industry would start closing due to imposition of 10 percent tax. "The inflation has risen to 28 percent. Owing to the imposition of tax, vehicles and mobile manufacturing factories will close," he added.

The minister said that the government would impose tax on petrol. "A new tax will be introduced. The government's today decision will increase unemployment. Presently no one is trusting the government," he maintained.

He was of the view that the PTI was holding good talks with the IMF. "Pakistan would have received the money in April had the PTI continued talks with the IMF," he added.

Shaukat Tareen said that the country would face more difficulties "A public government should be formed to avoid Sri Lanka-like situation in the country," he maintained.