US economic arms involved in economic blackmail
Benazir programme not to provide any real relief to miserable
It’s high time to choose between national and international interest
Government taking from one hand and giving back from other
Government plans to burden masses with an additional Rs 284 billion of expenses and then give back Rs. 34 billion in shape of Benazir Income Support Programme (BISP) and 21 billion in salary and pension relief which is classical example of taking more from one hand and giving back some from the other.
A cut of 112 billion in subsidies has already been announced in the budget and more is to come because of the intense foreign pressure, said Dr. Murtaza Mughal, President of Pakistan Economy Watch in a statement issued here Wednesday.
Government has already started withdrawing subsidies in phases on oil (175 billion), electricity (89 billion) and wheat (20 billion) and its monetary situation will not allow it to resist the demands of World Bank and IMF, known as economic arms of United States of America. read more…