RAWALPINDI: Awami Muslim League Chief and former Interior Minister Sheikh Rasheed Ahmed has said that agreement with IMF will increase poverty, inflation and unemployment. In tweets on social networking website twitter, Rasheed said incumbent government, caretaker setup and incoming government had to fulfill IMF's strict conditions within nine months.

 He said Pakistan had to repay loan seven times greater than that of current foreign exchange reserves country had in national kitty. "Debt repayment is still at risk," he said. Former Minister said that if IMF programme was suspended, ruler would not be able to avert economic crisis.

 "Our expenses are much higher than our income. Those who wasted 10 months and tarnished reputation of company are not capable of bringing economic stability to country," Rasheed was of view.

 AML head said inflation and unemployment would increase further. "We have to pay more than 10 billion dollar in debt by end of this year," he said.

 Rasheed said that Pakistan's political decisions were being made in Dubai and London. He said Nawaz Sharif remained busy in politics during his bail period which he secured on illness basis.

 "By August 12, everything will be clear in politics. Two royal families are deciding future of Pakistan outside country. 240 million people have no status or importance," he said.

 He said that those who thought political field was clear in Punjab were blind to reason. "Stage of politics in Punjab has not been set so far. Cabinet has already decided to dispose of waste in Islamabad," Rasheed said and added, "Nation wants to dispose of political garbage of entire country."