NADEEM MALIK LIVE
TOPIC- PAKISTAN AND ECONOMY
GUESTS- ISHAQ DAR
ISHAQ DAR OF PML-N WAS THE ONLY GUEST ON THE SHOW
He said that the revenue collection target for the first quarter was six hundred forty billion rupees but only six hundred billion collected. He said that new tax has been imposed to cover up the discrepancy of forty billion rupees. He said that the new tax of forty billion rupees has been imposed on luxury items and will not affect common man. He said that the reason to go to IMF was not money and still not. He said that the government has paid off the previous loan of IMF.
He said that the price of the rupee according to the market value is undervalued.
He said that Pakistan is going to get a cheap loan from the World Bank with interest rate of two percent only. He said that the government has curtailed the loan at half what it would have been otherwise.
He said that he always says that do not do the politics on economy. He said that everybody should pitch in on national agenda. He said that the government will take along PTI and MQM on national issues. He said that the political stability is essential for economic stability.
He said that the court has to decide to lift the ban on the speeches of Altaf Hussain. He said that criticism on the national institution is not a right thing to do.
He said that the crime rate has been improved eighty five percent because of the operation of rangers in Karachi. He said that there will be no compromise on Karachi operation and criminal activities. He said that MQM says that extra judicial activities are underway whereas the institutions are denying it. He said that interior and defense minister do not have good relationship with each other but job is being done.
He said that Kashmir issue became the part of the agenda after a long time during the visit of PM to America.
He said that becoming Jamat-e-Dawa part of the joint statement of America and Pakistan is under the resolution of UNO. He said that our nuclear program is not mentioned in the joint statement between Pakistan and America.
He said that 0.6 percent tax was imposed on the traders but 0.3 percent is being received from them. He said that the government is trying to bring traders to the tax network.