Politicians should plan to save the country: Mian Zahid.
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on March 27 said Pakistan has placed too much trust in international institutions and friendly countries as a result of which the economy and people are suffering.
The IMF wants Pakistan to take loan guarantees from friendly countries and present a plan for economic reforms to complete the ninth review, after which the staff-level agreement can be finalized, he said.
Mian Zahid Hussain said that politicians should put aside their bickering and come up with a consensus on the Charter of Economy or an alternative plan otherwise economic reforms would not become a reality.
Talking to the business community, the veteran business leader said that everything except the nuclear program has already been pledged. The country's economy is constantly deteriorating and it has become difficult for the people to manage food.
In this situation, the charter of the economy or alternative plan has become indispensable which should not be delayed.
The business leader said that people who were considered prosperous a few years ago have now become miserable, while middle-class families have reached the brink.
He observed that the arrival of Ramadan has increased...
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