Karachi
The talk about developing a consensus on a ‘charter of economy’ is getting louder in various circles as no political party finds itself to square up to the myriad problems presently facing the economy single-handedly. Though, Prime Minister Imran Khan has agreed to the constitution of a special committee to steer the nation out of the economic crisis, by serving the Ministry of Finance well.
Secretary General (Federal) of the Businessmen Panel Ahmad Jawad said business community cannot sustain on 155 rupee exchange rate. It’s should be revised and strengthen Pak rupee. Jawad feels that an agreement on economic issues is not difficult when all the political parties have a general consensus on defence, foreign policy and terrorism. The committee should be above political considerations and political parties can join hands to improve the economy for the sake of the country including FPCCI may also on-board.
“It is a fact that every government goes to International Monetary Fund, and every Opposition opposes it but do the same when they come to power. So the PTI government is not different from the PML-N or PPP in this connection” But there are issues which need to be dealt above political consideration and which directly affects common man.
Led the history judge it but the fact remains that every ruler promised to break the begging bowl and every ruler goes to IMF with a new ‘Kashkol’ for a bailout package. This time IMF given us $6 billion in three years but have put some tough conditions; he said. However the problems of unbearable exchange rate issue, increasing prices of energy, a largely bearish stock market and differences on budget should be taken seriously. —Agencies