KARACHI: The Sindh government came into being severe financial crisis as it treasure became empty due to wrong strategy and uncalculated expenditures.
According to a private newspaper report, the government was trying to overcome the crises by taking funds with the federal government or getting an overdraft from State Bank of Pakistan.
The newspaper reported from reliable sources that due to wrong strategy adoption by the provincial Finance Minister Murad Ali Shah and Secretary Finance Sohail Rajput Sindh Government has been undergone severe financial crises in eight month of first monetary year.
When contacted to Secretary Finance Sohail Rajput said that financial position was stable and the government not financial crises at all
I am ready here to give written statement regarding this, he added.