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Subsidies’ withdrawal will put additional burden on poor people: Sheikh Rashid

RAWALPINDI:Awami Muslim League (AML) chief Sheikh Rashid Ahmed said Friday that the power tariff would go up after the loan deal while the withdrawal of subsidies would put additional burden on poor people.

Lamenting over high inflation, decline in remittances and exports, he said overseas Pakistanis were dissatisfied with the government. The upcoming elections would be decisive for politicians, and the ruling coalition would face a political crisis, he said in a Twitter, message.

The AML chief said the government secured the loan deal with the International Monetary Fund (IMF) when the tenure of the “visiting actors” was nearing its ends. He said the ruling partners wasted a whole year while claiming to have a “Plan B and Plan C”, but in reality, they had no viable plans at all.

He said Saudi Arabia and the United Arab Emirates (UAE) had granted a generous sum of $3 billion at the nod of someone else as no one was ready to trust them.

“Whenever they visit any country, people label them as beggars,” Mr Ahmed said. Lashing out at Prime Minster Shehbaz Sharif, the AML chief said the premier spent his day by delivering speeches and making photos. The sole achievement of Shehbaz Sharif’s 15-month government was the first installment of a $1 billion loan from the IMF, he quipped.

The world and the IMF respected the voice of the people, he said, adding that the design for disbursement of the loan in three installments was made the way that ensures elections in the country.

The repayments have increased six-folds from Pakistan’s foreign exchange reserves, he said. He said PPP co-Chairman Asif Ali Zardari had chosen silence, and Foreign Minister Bilawal Bhutto Zardari’s US trip was not coming to an end.

He said PDM chief Fazlur Rahman was also fed up. He also slammed the ruling partners for their claims that they put their politics on stake for the state, saying: “Despite the fact that they have saved themselves from corruption and money laundering cases”.

The post Subsidies’ withdrawal will put additional burden on poor people: Sheikh Rashid appeared first on PPI News Agency.

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