Pakistan Tehreek-e-Insaf (PTI) leader Syed Anwar Hasnat has said that Pakistani economy is suffering from a loss of $9 billion annually due to load shedding. While talking to news persons on Tuesday, Hasnat, former Vice President of Pakistan Engineering Congress, further said according to an IMF report, out of 180 million Pakistanis, 130 millions have been dropped under the poverty line whereas middle class and low income group of people is joining the poor class rapidly.
"So far more than $16 billion have been spent as subsidy for power sector and for the restoration of public sector organisations like PIA, Steel Mills and Railways. According to him, Rs 437 billion bank loan taken by Pakistani rulers for the first quarter of current fiscal year is a clear evidence of bad governance. Unemployment ratio has increased by many fold due to closure of industries and factories during last four and a half year. On the other hand, tendency of suicides and perversion is on rise because of poverty and paucity of sources. The country condition is worsened, corruption is rampant and public is watching the puppet show of the rulers helplessly. It has become practically impossible for public to keep both end meet while the worst law and order situation is also playing havoc with them. He observed that Imran Khan is a courageous and fearless leader, and there is no chance of some party other than PTI to win next election as public has already tried all of them.
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