Get the latest news and updates from Dawn

ISLAMABAD: The PTI has alleged that the government is set to present its fifth budget without reforms, claiming that IMF approval is now required even for routine fiscal decisions.

In a statement, PTI Central Information Secretary Sheikh Waqas Akram claimed that no serious effort had been made over the past five years to cut the cost of governance, reduce wasteful spending or address structural inefficiencies.

He said the public had been repeatedly asked to accept eroded incomes, shrinking job opportunities and diminished purchasing power in the name of stability.

In return, the country had rece­ived anaemic growth, capital flight, falling investment and an economy steadily losing ground to its regional competitors, he claimed.