Pakistan opposition rejects budget

Pakistan’s opposition party has rejected the government’s proposed budget in parliament.

According to Dawn News Shehbaz Sharif, president of the PML-N and Leader of the Opposition, delivered a three-hour speech in which he claimed the budget for 2019-20 is "IMF-led and IMF-dictated".

He argued that at the end of the financial year, the government had a Rs500 billion hole in their revenue target.

Pakistan reached an agreement for a $6 billion bailout package from the International Monetary Fund (IMF) last month.

Some analysts have warned that any fresh IMF injection could harm Prime Minister Imran Khan's pledges to build a welfare state due to the typically strict conditions upon which bailouts are granted.