PESHAWAR
Chairman, Amun Taraqqi Party (ATP) Muhammad Faiq Shah said the coalition government yet another fulfill demand of International Monetary Fund (IMF), announcing a surcharge in power bills of Rs3.23 per unit to be implemented from next fiscal year which is in a bid to secure IMF bailout package.
We reject the recent hike in power tariff at the behest of the IMF, says Faiq while talking to a group of reporters here on Sunday.
He said the consistent increase in prices of electricity, gas and petroleum products had brought negative impacts and growth in industries, businesses and the national economy.
On the other hand, he said the government, while projecting further hike in inflation coupled with a slowdown of the economy.
He said the situation is further worsening due to delay in finalising a deal with the IMF that was causing economic distress in the country.
The ATP chief noted that political instability has started feeding strong inflationary expectations. He said the ministry of finance painted a gloomy outlook of the economy.
He said the government’s austerity plan was seen nowhere.
Shah said the poor masses are bearing the brunt of the incumbent coalition government ‘flawed’ policies.
He criticized that the government had put the country at stake.
The party leader lamented that people were giving their lives to get ration.
“Only elections can save the country from anarchy and bloodshed,” he averred.
Faiq, while commenting on increasing confrontation between government and state institutions said the ‘tug of war’ is at peak, which was unaffordable for the country, and will lead to anarchy and chaos.
He expressed grave concern over growing economic and social injustice in the society. He said nations are destroyed by injustice instead of bombs.
Our democratic and dictatorial governments proved that they are a living symbol of immorality and injustice, he added.
The party chief said the hatred, leg pulling and showing down to others are at peak across the country.
Shah held the rulers responsible for rulers for current economic and social downfall in the country.
He said elites have confronted each other for the sake of power gains.
The ATP chairman called for creating a favorable environment for holding free, fair and transparent polls, wherein all political parties were provided a level playing field.
