Former President of Islamabad Chamber of Commerce and Industry (ICCI) Dr. Shahid Rasheed Butt on Tuesday said the entire burden of the IMF's conditions is being put on the people, which will stoke poverty and further worsen their condition. The burden of these conditions should also be put on the privileged aristocracy which is getting annual benefits worth 17.4 billion dollars annually, he said. In a press release, he said that bribing nobility at the cost of the poor is the worst cruelty and daylight robbery.

In addition, up to twenty billion dollars are wasted annually in government purchases of which a sizable amount can be saved. He said that if the privileges and corruption of elites are reduced and this huge amount of money is spent on the people, then the destiny of the country can be changed. The government always helps the rich instead of the poor but now the process of squeezing the people should be stopped and all IMF reservations should be removed. Pakistan is not being run like a country but like an orphanage; the country is going through a difficult situation, but the rich people are being rewarded in every possible way and taxes are not being collected from them.

Credit : Independent News Pakistan-INP