Says my speech was misreported
Former chairman of the Federal Board of Revenue (FBR) Shabbar Zaidi on Thursday said that his speech, in which he concluded that Pakistan was bankrupt, was being “misreported” and only a three-minute portion of it was “cherry-picked”.
A day earlier, during a wide-ranging speech on Pakistan’s economic condition at Hamdard University, he said the country was not in a state of “going concern” — an accounting terminology referring to a business that is operating and making a profit.
“We keep saying that everything is good, the country is running well, we have achieved great success and we brought tabdeeli (change) but this is wrong. In my view, the country is, at the moment, bankrupt and not a going concern.
