The nation is worried and disappointed. Inflation has skyrocketed by 27% in two months, and factories are shuttered. People are struggling, and their needs are not being met. Despite this, parliamentarians appear to be out of touch with the plight of the poor.
He said that people have started selling household goods, and taxes of 170 billion rupees levied on the demand of IMF can be obtained only by selling the properties of politicians. The present government and Pakistan cannot go together. The interests of DM and PTI are fighting and fighting.
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The Ameer-e- Jamaat-e-Islami said we have been facing unseen forces blocking our progress.
In the wake of Khawaja Asif’s admission of default, we believe the rulers no longer have the right to remain in power.
Kristalina Georgieva, the IMF chief, has urged Pakistan to ensure that the benefits of subsidies are transferred to the country’s poor people. In an interview with German media, Georgieva stated that Pakistan is facing an unprecedented economic crisis and that the IMF is there to assist.
To aid Pakistan in its time of need, Georgieva has highlighted two key points for the Government to focus on. Firstly, she has urged the country to increase its tax revenue, demanding that those who are well-off in both the public and private sectors pay their fair share. Secondly, Georgieva has called for a more equitable distribution of wealth, encouraging the government to provide subsidies to the poor rather than protecting the rich.
The people of Pakistan are facing a disaster of unprecedented proportions due to the floods. Nearly one-third of the population has been affected. To avoid such dangerous situations in the future, Pakistan must take proactive steps to protect its citizens.
Chief Kristalina Georgieva has highlighted two critical points that Pakistan must consider – tax revenue and restructuring of loans. We urge all those who can – from the private or public sector – to contribute to the economy and help Pakistan combat this disaster.