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Jhagra tells Miftah, Provincial budget surplus next to impossible after floods

Taimur Khan Jhagra

Floods take ‘precedence over all else’

Finance Minister Taimur Khan Jhagra on Saturday said the province has a flood situation on hand which “takes precedence over all else” after Finance Minister Miftah Ismail accused the provincial government of conspiring to “derail the IMF program” in a late-night press conference.

Please note that in these conditions [floods], and without the resolution of the issues highlighted previously, for the province of Khyber Pakhtunkhwa to actually leave a surplus will be next to impossible,” Jhagra wrote in the communiqué sent to Miftah on Friday.

Jhagra said it was “interesting” that Miftah Ismail called and the two will now meet on Monday “to resolve our issues”. The provincial finance minister, however, said it was “sad” that in “their Pakistan”, one had to “shout to be heard”.

In a series of tweets, Jhagra clarified that he had not written a letter to the IMF, but to the federal finance minister. The provincial minister also added pictures of the letter he sent.

Jhagra further highlighted that he had raised “the same concerns” in his meeting with Miftah on July 5, “but because it was in the national interest, returned the IMF MoU to Islamabad within 24 hours”, with the approval of the K-P chief minister.

He also attached the original letter from July 5 “accompanying the signing of the IMF MoU”. “The follow-up letter that I sent today was simply in continuation, after about 50 days of repeated attempts to resolve our financial issues fairly and obtain a meeting quickly,” the provincial minister said.

Jhagra further stated that the K-P government would “never back down from raising its issues at the center or from working for a strong federation”.

Government criticize PTI

In a late-night press conference, Miftah had termed the letter “deplorable.” He termed the letter a “conspiracy to derail the IMF program and sink the rupee”. He questioned whether there was any redline for PTI Chairman Imran Khan. He said Imran khan was out to destroy Pakistan and its economy for his power lust.

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