PRICE HIKES- UNEMPLOYMENT AND CRISES

GUESTS- HAROON AKHTER KIHAN, SARDAR MEHTAB ABBASI, FOZIA WAHAB

SENATOR HAROON AKHTER KHAN OF PML said that Pakistani politicians have will and talent to stand on national issues. He said we need to impose new taxes but it should not cause the hike in the prices. He said that government needs to control its expenses and increase the resources of income. He said that Pakistan’s GDP is lowest in the region. He said that Bangladesh has 6 percent GDP growth rate in their country. He said that as long we will not confess that economy is in bad shape it can not grow. He said that the time has come to tax those who are not in tax bracket. He said Pakistan needs to tax agriculture and real estate sector to generate more revenue. He said that soon he will present a global taxation bill in the Senate. He said that according to this bill people will have to pay taxes on their income regardless where it is earned from. He said we need to allow Pakistani’s to bring their money from foreign bank accounts into Pakistan. He said that there should be no tax for five years if some body invests his money from foreign accounts into Pakistan. He said there was an opportunity to ouster PPPP government but opposition did not try that for the sake of democracy. He said that people of Pakistan should get the reward of opposition generosity in the shape of bold decisions to improve economy of the country. He said that government is not controlling its expenses and cutting the budget of development programme to meet its expenses.

SARDAR MEHTAB ABBASI OF PML (N) said that there is danger of turning bad economic situation into catastrophe. He said that the economic situation of Pakistan is very dangerous. Commenting on some of the figures given by Fozia wahab that economy is making progress he said that Fozia Wahab does not have correct information. He said that he is not accusing the government he is telling the facts. He said that people are already suffering because of higher prices of the commodities and in that situation new taxes can not be imposed. He said that if bill of taxation on global income is presented in the senate by Haroon Akhter Khan PML (N) will support it. He said that to protect the economy is the protection of the country not the government. He said that his party has put its demands in front of the government to cut down expenses and if their demands are not met they will put pressure on the government to do so. He said that Mian Nawaz Sharif as party head of PML (N) has advised his brother Chief Minister of Punjab Mian Shahbaz Sharif to minimize government expenses.

FOZIA WAHAB OF PPPP said that this impression is not true that economy of the country is not prospering. She said that the economic situation of the country is showing progress. She said that the contribution of agriculture sector is about three and half billion rupees last year. She said that our economy has potential to stand on its feet with out any out side help. She said that government is trying to create consensus on economy among all political parties. She said that RGST was not going to fail to implement if government had consensus with other parties. She said that the process of consensus on national issues should have started from early days of the government. She gave her suggestion to tax people after a certain limit regardless where they earn their money from. She said that “TRADE NOT AID” is the slogan of PPPP governmen