Time for Economic Emergency

Respected Prime Minister Mr. Imran Khan Sahab.

AoA.

Sir,

IMF has only 8% share of our total foreign loans, but has 100% control on our financial and non financial matters and in fact, now moving towards controlling defence matters, as well.

According to a recent past working of Dr. Ashfaque Hasan Khan just for $ one billion 1st tranche loan of IMF we were forced to incur $40 billion expenses; and now for the next tranche even more extra burden on the poor public is in the offing, in the shape of highly stringent, impossible and humiliating conditions.

In view of the foregoing, we must ponder seriously that enough was enough and now you as our elected Prime Minister, must take a firm stance, else it may not take much time, where our sovereignty shall have to be compromised for just, extra one or two billion dollars.

As far as alternate doable plans to replace IMF loans for putting the country’s economy on an even keel is concerned, you may form an emergency economic task force consisting of an internationally reputed taxation/financial experts like Dr. Ikramul Haq, Dr. Ashfaque & Dr. Akmal Hussain who should be tasked with suitable authority (under economic emergency powers) to rehabilitate/revamp entire taxation system of Pakistan, which definitely has the potential of enhancing tax revenues to 100 billion USD, in a short time.

Best Regards,

Syed Nayyar Uddin Ahmad