Country’s economy still dire straits, says Faiq

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PESHAWAR
Amun Taraqqi Party (ATP) chairman Muhammad Faiq Shah while commenting on the federal budget, saying that the country’s economy was still in dire straits.
The ATP chairman asked to make the budget a pro-poor, business, industry and trade friendly.
He said the government didn’t take sufficient steps through the federal budget to put the ailing economy on the right track.
Talking to a group of reporters here on Sunday, Shah said it is obligatory that rulers should save the country from default situations.
The party leader emphasized that the government should create an investment climate in the country.
He made it clear that the economy cannot be flourished through political point scoring and beneficences.
If the rulers are sincere to put the ailing economy on the right track, they should review the federal budget for financial year 2023-24, and make it favorable for poor masses, business and trade and investment friendly”,
The party leader said the whole nation was indebted by current and previous regimes and sought the detail of all loans that were obtained for the last several decades should be made public,
Shah questioned: “How long would the country depend of foreign lenders?
He said no policy has been crafted to make Pakistan economically self-reliant.
The ATP chief asked the finance minister to avoid making statements that Pakistan will not go to the IMF becuase these threats would block the way of investment to Pakistan.
Shah talked about rising miseries of poor masses, saying that no relief was provided to poor masses in the federal budget.
He said the life of the common man has been made miserable owing to spiraling price-hike.
Businesses and industrial activities have been slowed down that has triggered massive unemployment in the country, he noted.
Faiq called for revamping policies to lure local and foreign investment besides the government should ensure all facilities to traders and the business community to boost up commercial and trade activities.