Imran Ahmad Khan (born 5 October 1952) is a Pakistani politician and former cricketer who served as the 22nd Prime Minister of Pakistan from August 2018 to April 2022. In Pakistan, he founded and operated (PTI).
He is a great man who is still alive. Imran Khan was born in Lahore to a Pashtun family and graduated from College, Oxford. He started his international cricket career in the 1971 Test series against England. Khan played until 1992 and captained the team intermittently from 1982-1992. In 1992, he won the Cricket World Cup, Pakistan's only victory in the tournament
. Khan is considered one of the greatest all-rounders. He was later inducted into the ICC Cricket Hall of Fame. In 1996, Mr. Khan founded (PTI) and he was elected a member of parliament in the 2002 general election. Until 2007, he was an opposition MP. The PTI boycotted the 2008 general election, came second in the 2013 referendum, and in the 2018 general election became the largest party in parliament due to its populist policies, forming an independent coalition.
Khan as prime minister.
Khan becomes prime minister. As Prime Minister of Pakistan, Imran Khan dealt with the balance of payments crisis by bailing out the International Monetary Fund. He reduced the current account deficit to curb the budget deficit and limited defense spending, resulting in some macroeconomic growth. He introduced measures to increase tax collection and investment.
His government championed the transition to renewable energy, launched the ESA program and the Plants for Pakistan initiative, and expanded Pakistan's protected areas. He oversaw the COVID-19 pandemic that caused economic turmoil and rising inflation in the country and threatened his political standing.
Along with the IMF-mandated changes, Khan's administration also implemented measures to enhance the business environment. Pakistan moved up 28 spots on the World Bank's ease of doing business index as a consequence. Pakistan was one of the top 10 nations in 2019 for improvement. [249] In 2019, Pakistan's tax revenue also reached all-time highs. [87] Given that import compression has decreased the quantity being imported, the government earned less tax income from imports as it increased revenue from domestic taxes without increasing tax revenue from import taxes. Even if it slowed down in 2020, this tendency persisted. [250] Pakistan had a primary surplus (excluding interest payments and principal) in the second half of 2020, and the fiscal deficit was also kept at less than 1% of GDP.
Khan's administration implemented the second phase of the China-Pakistan Free Trade Agreement in terms of economic policy beginning in January 2020. These negotiations with China resulted in concessionary rates by China on Pakistani exports of goods and services to mainland China, such as reduced tariffs or zero tariffs. [] The expansion of commerce connections in a partnership that has often been dominated by defense and security issues was hailed as a "significant milestone" in the nation's foreign policy.
In June 2018 (before Khan became Prime Minister), the FATF placed Pakistan on its gray list and recommended several steps taken by Pakistan to rectify terror financing laws. Khan's government first exploited constitutional provisions of presidential power possessed by Arif Ali to create ordinances (temporary legislation by presidential decree) [254], and the country became compliant with 14 points on the FATF agenda. [255] Subsequently, a succession of laws was introduced in Pakistan's Parliament to ensure the legislation would permanently remain in place beyond a temporary presidential proclamation. Minor sections of the law passed both the lower House and upper house of Pakistan, with the backing of Khan's ruling coalition and part of the opposition parties as well. However, the opposition-dominated Senate did not
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