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Khursheed flays privatisation, tax policies

byCT Report
08/12/2015
in Business
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ISLAMABAD: Opposition Leader in National Assembly Syed Khursheed Ahmed Shah Tuesday slammed the government’s privatisation and economic policies in the country.

Speaking in National Assembly, he said being representative of the public and opposition parties he was not satisfied with the government’s reply regarding conversion of Pakistan International Airlines (PIA) into a company as well as its justification for imposing Rs 40 billion new taxes without taking the Parliament into confidence.

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He said Pakistan People’s Party (PPP) was ready to stand by the government shoulder-to-shoulder on important national issues, but the government must bring such issues in the Parliament.

“Making budget out of the Parliament is not appropriate, and if it was necessary to impose new taxes, it should have been brought in the House,” he added.

He highlighted the importance of restoring confidence of investors in economic policies and providing them business-friendly atmosphere. He said his party believed in supremacy of the Parliament and Constitution, and wanted to see the green Pakistani flag high in the world with dignity and integrity.

Shah said inflation was very much inter-connected with all issues including poverty, unemployment, education and health, adding that there should be focus on these issues instead of launching multi-billion development projects for specific areas. He said getting loans for repayment of previous loans and debt-servicing was not a good practice rather required measures should be taken to strengthen the national economy for the purpose.

Speaker National Assembly Sardar Ayaz Sadiq invited Leader of the Opposition in its chamber to have a sitting with Minister for Finance Ishaq Dar to resolve the issues amicably.

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