Jamaat-e-Islami Pakistan | اردو |

The main objective of the IMF bailout package was to sell out major state institutions

LAHORE, May 15; Ameer, Jamaat e Islami, Pakistan, Senator Sirajul Haq, has said that the main objective of the IMF bailout package was to sell out major state institutions including railways, PIA, Steel mills and WAPDA to collect sufficient amount to pay off the loans on the country. He was talking to a traders delegation headed by Asif Raihan Dar and Waqqas Butt,  which called on him at Mansoora.
        Sirajul Haq said that the amount of loan was so high that a major part of the budget went in the payment of interest while the amount of the loan remained still there.
        Stating that the agreement with the IMF was not in the national interest in any manner, the JI chief said the matter was not confined to grant of loan as the IMF also influenced foreign and domestic policies of the country.
He said this agreement would allow IMF’s direct interference in the national affairs. The objective was to destroy the country’s economy further and ultimately, it may end up in placing the country’s nuclear assets in the international control.
        Sirajul Haq said that political independence was not conceivable without economic independence. He said if the government failed on the economic front,  it would also collapse on the political front . 
He said that like the previous governments, the PTI government was also dependent on the IMF. He said the PTI which had been constantly opposing the amnesty scheme in the past, was now offering it by itself.  He said the amnesty scheme was a method to whiten the black money of the plunderers.
        He said that if the PTI was to blindly follow the past rulers, why did it talk so much about “Tabdeeli” and made tall claims to the people.
        Sirajul Haq said that curbing the small traders at the behest of the IMF was unjust. He said that increasing taxes on small traders and businessmen would neither improve trade nor increase exports. On the other hand, it would lead to closure of small business and render thousands of workers jobless.
        He said the PTI had been claiming that foreign investors would flock to the country and make heavy investment but the government policies so far had only resulted in heavy losses to investors and the flight of the capital from here. 

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