News Desk
Peshawar :Khyber Pakhtunkhwa’s Finance Advisor, Muzammil Aslam, has claimed that 1.8 million people have migrated from Pakistan over the past two years, citing worsening economic conditions as a major factor.
In a statement, Aslam criticized the federal government for its financial mismanagement. He revealed that tax collection has fallen short of targets, industrial growth has stagnated at zero percent, and corporate profit growth has declined into the negative. He further alleged that the federal government is delaying the release of funds to provinces and continues to pile up national debt.
Highlighting the economic struggles, Aslam stated that poverty levels have increased, foreign investment in the stock market is rapidly dwindling, and the country is witnessing the lowest levels of foreign direct investment in its history.
“The government has failed to issue international bonds for two years,” he said, adding that purchasing power has significantly decreased, while unemployment has risen sharply. “The unprecedented migration of citizens reflects the gravity of the situation, with 1.8 million people leaving the country in just two years,” Aslam remarked.
The advisor’s comments underscore growing public concerns over Pakistan’s economic trajectory, as inflation, unemployment, and external financial pressures continue to mount.
