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Statement regarding bankruptcy of the country is being misreported: Shabar Zaidi

Former Chairman Federal Board of Revenue (FBR) Shabar Zaidi has said that his statement regarding bankruptcy of the country is being misreported.

A video statement of Shabar Zaidi is circulating on social media in which he is saying that the country is doing very well, we have achieved great success and we have brought change, this is all wrong, by my reckoning the country is bankrupt Later, in his statement on social media, Shabar Zaidi, while explaining, said that my speech at a private university was for an hour and a half but it is being presented only after 3 minutes.

The former chairman of the FBR said that he had only mentioned that the current current account and fiscal deficit issues were showing a worrying situation like bankruptcy which needed to be resolved.

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