Mufti Taqi Usmani Breaks Silence on the Economic Situation of Pakistan

Mufti Taqi Usmani Breaks Silence on the Economic Situation of Pakistan

Renowned scholar Mufti Taqi Usmani, speaking at the Karachi Chamber of Commerce, pointed to the eco-political situation of Pakistan.

Mufti Taqi Usmani scolded the government and the people for letting the country down. Moreover, he pointed to the excessive use of imported goods in Pakistan. Furthermore, he drove the relationship between foreign exchange and imported goods. Continuing, he pointed to Pakistan’s dependency on the IMF.

Additionally, he pointed to the numerous resources Pakistan has. Furthermore, he emphasized collective ownership of Pakistan. Citing that Pakistan hasn’t developed a single railway network since the British.

Adding to it, Taqi Usmani pointed out that both the people and the business community used imported goods. Therefore, our foreign exchange reserves are depleting. So, he emphasized the use of local goods.

Also Read: Pakistan Business Council Warns Of ‘Brain Drain’: Aftershocks Of Government’s Budget For 2024 – 2025

Moving on, renowned scholars pointed to Pakistan’s dependency on the IMF. Moreover, he pointed to the debt that every Pakistani bears.

Finally turning his attention to the political arena. Mufti Taqi Usmani cited the political instability of Pakistan. Meanwhile, he pointed out how every election is managed. He also mentioned politicians to become more ethical and morally aware, as they are public representatives.

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