Naib Amir Jamat-e-Islami Pakistan Liaquat Baloch has said that government should stop the privatisation of Qadirpur Gas field which consists of seven wells and its one well fulfils 23 percent gas demand of the country and if all the wells start working it will save the foreign exchange of billions of dollars.
He was addressing a seminar organised by Jamaat-i-Islami Punjab on problems, causes and solutions of economic crisis faced by Pakistan on Tuesday. He said that the government was privatising the national assets on the demands of World Bank. He said that interest based capital system was a failure in the world and the prevalent banking system in the world was based on exploitation. He also said that the solution of the economic problems of Pakistan lies in the system based on the Islamic economic system, teachings of Quran and Sunnah.
He said that the Pakistan has the largest coal reserves at Thar, which was sufficient to fulfil our energy demands for five hundred years. He demanded that decision of taking loan from International Monetary Fund (IMF) should not be decided by President Asif Ali Zardari rather it should be decided in the joint session of parliament and the government should call joint session to decide about taking the loan from IMF.
He said that government should take steps to restore the confidence of investors in the country and the expatriates would bring the investment of billions of dollar to the country. He demanded that there should be restriction on having foreign currency accounts and the member parliaments should declare their assets. He said that the nazims were involved in the corruption of millions of rupees and they were joining the PML-N and PPP to safe guard their corruption. He also criticised these parties for accepting them.
Speaking on the occasion Chairman Agri Forum Ibrahim Mughal has said that despite of being an agriculture country we are spending 282 billion rupees on importing food items and we are the biggest importer of dry milk. He demanded that import of food items should be stopped.
He said that solution of our economic crisis lies in increasing our export and decreasing our import. He said that we should rely on Apna Monetary Fund rather then International Monterey Fund. He said that the Kalabagh dam have the capacity of generating the power of worth Rs 75 billion and will help producing agri-products of Rs 270 billion. He criticised that bureaucracy was spending Rs 78 to 82 billion on petrol and they were using 6 cars at a time where as on the other hand the common man was facing severe financial crisis.