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Omar assails budget as ‘economic terrorism’

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Leader of the Opposition in the National Assembly Omar Ayub on Thursday assailed the budget presented for fiscal year 2025 as “economic terrorism” against the people as debate opened on the finance bill.

Debate on the budget formally opened Thursday in the NA after the Eidul Azha holidays with its passage planned for June 24. Ayub opened the debate with vociferous criticism of the budget.

His speech was muted several times as he lamented the alleged interference of the establishment.

“This budget is the story that began with vote ko izzat do (respect the vote) and ended with boot ko izzat do (respect the boot),” Ayub said while criticising the government.

“The budget is a fraud with the people. This is a highway robbery against the people of Pakistan. This budget in actuality is economic terrorism against the people and the future of the country,” he added.

Ayub alleged that the budget was made with the help of “economic hitmen who want to shake the foundation of this country”.

He further claimed that these same “economic hitmen” were also involved in the PTI’s ouster from power in April 2022.

Ayub said investors would not trust the economy to invest in a country where there was “no rule of law”, adding that the International Monetary Fund had clearly instructed the government to talk to other stakeholders.

“The finance minister is a very professional man but his wings were clipped,” Ayub said, alleging that the government was trying to undermine Aurangzeb such as removing him from the chairmanship of the Executive Committee of the National Economic Council.

“Aurangzeb sahib’s heart must have sunk,” he said. “The Ecnec chairmanship was taken away by the prime minister and his wingman […] entered and his name is Senator Ishaq Dar. Family concern, family business, private limited,” Ayub added.

“Aurangzeb is smiling right now but he must be thinking that I will talk to Omar Ayub later because I have said the right things.”

“If you look at the people who Aurangzeb is associated with, if you look at their biography, each one of them is a known gangster,” he said.

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