I DON'T KNOW THE DIRECTION OF THE ECONOMY, THE CAPTAIN HAS TO BE STRONG OTHERWISE THE BOAT WILL NOT MOVE FORWARD, SHAUKAT TAREEN
Karachi Former Finance Minister Shaukat Tareen has said it is not known where the economy is heading, the ship's captain will have to be strong otherwise the boat will not move forward, the Economic Advisory Council becomes Prime Minister. Chairman and I will be the main coordinator, the government must fix our house, we have not repaired our house in two and a half years, initially, there was an error in negotiations with the IMF, only raising prices will increase corruption, exchange rate And raise interest rates and sink the economy. Independent individuals must be assured that NAB will not raise them in this way. Fine amendments were made to NAB by the Presidential Ordinance. NAB legislation should be limited to increasing public confidence. He was speaking to Shahzeb Khanzada, who is in charge of the Geo News program "Aaj Shahzeb Khanzada Ke Saath". Education Minister Federal Shafqat Mahmood and PPP leader Qamar Zaman Kaira were also present at the event and Shahzeb Khanzada's analysis of the situation in the country was also an important part of the process. Shafqat Mehmood said Prime Minister Imran Khan was skeptical about importing sugar and cotton into India. In the current situation of Occupied Kashmir, the decision to open trade with India needs to be considered. Qamar Zaman Kaira said the PPP was a fraudulent party. No, even the PPP cannot bet anyone or anyone else can bet on the PPP. It was decided in PDM that decisions would be taken by consensus and not by a popular vote. If the government leaves, elections will be held before the new election. Who will change? Former Finance Minister Shaukat Tareen, speaking at the event, said the Economic Advisory Council was being formed. The Premier will chair it and I will be the facilitator. The Economic Advisory Council will oversee economic activities. The captain will have to be strong, otherwise, the boat will not move. Shaukat Tareen said I was asked if I would like to come to any post or not. Shaukat Tareen said initially we made a mistake in negotiating with the IMF, before negotiating with the IMF we should look at the national interest rate, the interest rate was 13 percent and the exchange rate was 165, and the drowning economy. Rising prices for electricity, gas, and petrol have reduced demand, the economy has stagnated, unemployment has risen, people have been left behind because of Corona, they are unable to place much burden on them, the current Corona wave is difficult, decisions in this regard national economy. They will do it for the community. They do not want to leave the IMF but the IMF should be known for underground facts. Shaukat Tareen said the government should fix his house Why hasn't our house been repaired in two and a half years? When we fix our house, the IMF will follow. The tax rate to GDP should be at least 14%. Who stopped us from fixing it? They were unable to change their management in two and a half years. Raising prices for the non-availability of funds will increase corruption. It's going to start going down. Shaukat Tareen said I have become an institution like Habib Bank. There was a lot of difficulty in this. The idea of the capital of Pakistan is very good. It must be passed on. The government cannot participate in this. Independent people must be assured that the NAB will not treat them this way, good amendments have been made to the NAB by presidential law, NAB law must be balanced so that the people
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