PTI forms working groups on fixing country's economic, governance issues

• Fawad says groups are comprised of experts from Pakistan, abroad.
• Says groups are preparing recommendations.
• Imran Khan to hold meeting with economic experts over economy: sources. 

Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry Monday announced that the party has formed working groups for fundamental reforms to fix the economic and governance issues faced by the country. 

Taking to Twitter, Fawad said that the groups are preparing recommendations and are comprised of experts from Pakistan and abroad. 

The PTI leader said that the party believes that Pakistan, after getting rid of the incumbent government, cannot get rid of the "eight-month-long downward spiral" without taking major reforms. 

Meanwhile, as per the sources, party chief Imran Khan called a meeting of economic experts today. 

During the advisory meeting, the former prime minister will review the economic situation of the country, said the sources. 

The sources also said that a white paper will be issued on the economic situation in light of the suggestions of economic experts. 

PTI blames govt for declining economy

The PTI leadership has continuously blamed the incumbent coalition government for the declining economic condition of Pakistan. Khan has lashed out at the federal government, saying that the country is on the verge of defaulting. 

On December 23, the ex-premier said that “if the similar state of the economy persists then the country will default by February or March."

On the other hand, the coalition government has continuously denied the claims made by the PTI, assuring the nation that the country will not default. 

Pakistan to not default 

Moreover, Finance Minister Ishaq Dar had said that the economy is going in the right direction and the country would not default. 

“The opposition is blocking avenues of investment by telling fake corruption stories. Pakistan won’t default just because the opposition has said so,” the finance minister said rejecting rumours of default.

The finance czar said that Pakistan’s economy is at the 46th position and that the country could have been a part of G20 nations given the pace at which it was going in the past. He added that the world kept talking about Pakistan defaulting even in 2013.

“We worked hard and delivered the budget in five days saving the country from defaulting in the process. We completed our program from 2013 to 2016, which only happened once in the country’s history,” the minister said recalling the decisions taken by his party Pakistan Muslim League-Nawaz (PML-N) during its previous tenure.