AGL 37.89 Decreased By ▼ -0.26 (-0.68%)
AIRLINK 124.10 Increased By ▲ 2.59 (2.13%)
BOP 5.67 Decreased By ▼ -0.18 (-3.08%)
CNERGY 3.75 No Change ▼ 0.00 (0%)
DCL 8.55 Increased By ▲ 0.15 (1.79%)
DFML 40.48 Decreased By ▼ -0.41 (-1%)
DGKC 87.10 Increased By ▲ 2.50 (2.96%)
FCCL 33.98 Increased By ▲ 1.28 (3.91%)
FFBL 66.01 Increased By ▲ 0.51 (0.78%)
FFL 10.20 Increased By ▲ 0.15 (1.49%)
HUBC 104.45 Increased By ▲ 0.65 (0.63%)
HUMNL 13.45 Increased By ▲ 0.20 (1.51%)
KEL 4.78 Increased By ▲ 0.35 (7.9%)
KOSM 6.84 Decreased By ▼ -0.25 (-3.53%)
MLCF 38.84 Increased By ▲ 1.34 (3.57%)
NBP 60.35 Increased By ▲ 0.10 (0.17%)
OGDC 179.65 Increased By ▲ 7.40 (4.3%)
PAEL 24.97 Increased By ▲ 0.17 (0.69%)
PIBTL 5.71 Increased By ▲ 0.01 (0.18%)
PPL 153.00 Increased By ▲ 11.31 (7.98%)
PRL 22.79 Increased By ▲ 0.07 (0.31%)
PTC 14.91 Increased By ▲ 0.17 (1.15%)
SEARL 66.85 Increased By ▲ 2.29 (3.55%)
TELE 7.01 Decreased By ▼ -0.13 (-1.82%)
TOMCL 35.70 Increased By ▲ 0.20 (0.56%)
TPLP 7.32 Increased By ▲ 0.03 (0.41%)
TREET 13.99 Decreased By ▼ -0.21 (-1.48%)
TRG 50.95 Decreased By ▼ -0.80 (-1.55%)
UNITY 26.40 Decreased By ▼ -0.20 (-0.75%)
WTL 1.23 Increased By ▲ 0.01 (0.82%)
BR100 9,717 Increased By 233.5 (2.46%)
BR30 29,237 Increased By 866.2 (3.05%)
KSE100 90,860 Increased By 1893.1 (2.13%)
KSE30 28,458 Increased By 630.4 (2.27%)

Former president Asif Ali Zardari has rejected the budget, claiming it is "anti poor, anti farmer and anti-civil servants" that fails to take even a small step in the direction of fair and equitable distribution of resources and opportunities.
In a statement on Saturday he said, "The third budget of the PML-N, led govt is typically an accountants'' statement that reserves incentives for the rich but placates the poor with mere platitudes and prayers. It is devoid of vision to introduce tax reforms and documenting the economy that lies at the root of our economic and financial ills. The budget has failed to give a vision to address the structural weaknesses stemming from concentration of wealth and inequitable distribution of wealth and opportunities. Civil servants particularly the low paid ones will be more than disappointed, the farmers frustrated and the working class dismayed at the insensitivity of the government towards their plight, he said scathingly."
"The government should have set aside, but failed to do, a part of the windfall gains of falling international oil prices for alleviating poverty and ameliorating the lot of peasants and workers. The failure in achieving economic targets last year only strengthen the widely held belief that that the present budget will also be tall on promises and short on delivery and performance."
Spokesperson Senator, Farhatullah Babar said the former president also expressed deep concern that the govt seemed to have reneged on its promise to implement the consensus decision of the May 28 All Parties Conference to build the western route of the China-Pakistan Economic Corridor on priority basis.
"The low PSDP allocation for the western route that passes through the lesser developed areas of KPK, Balochistan and close to tribal areas and a further slashing of the final allocation for it in the CPEC project has placed a serious question mark, the former President said and asked the government to come out clean on it. The Pakistan People''s Party has and will continue to support the mega economic project. At the same time it also believes that the government must implement the decisions of APC in letter and spirit and jealously guard against making the CPEC controversial," he said. "It is anti poor budget. While the government is seeking credit for not slashing the budget for Benazir Income Support Programme it has quietly shut down the Waseela Rozgar and Waseela Haq programmes of the BISP depriving the poor a chance to develop skills and start their own small business to come out of the generational poverty cycle," said the former president.
He went on, "Not long ago the government had promised to give a Marshall Plan to tribal areas. It is ironic that despite tall promise FATA has been denied even a state of the art seat of higher learning. The budget presentation was also an occasion for the government to announce extension of the jurisdiction of superior courts to FATA." He then lamented that failure to do so show that the govt was paying mere lip service to mainstreaming the tribal areas."-PR

Copyright Business Recorder, 2015

Comments

Comments are closed.