PRF gives solution to debt relief to Pakistan government

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Lahore: (JTN) PRF gives solution to debt relief

Professional Research Forum Chairman Hassan Ali Qadri has

suggested allocating a portion of remittances from overseas

Pakistanis to repay foreign loans, saying that the “Made in Pakistan”

campaign to reduce the import bill. Unnecessary expenses of all

Ministries, Departments including the Presidency, Prime Minister’s

Office and all kinds of additional incentives for government

employees and officers earning more than Rs. 300,000 should be

abolished.

=Despite this burden our economy can never develop

In his statement, he said that it is unfortunate for Pakistan that

instead of paying off old debts and finding solutions to problems,

we rush to the doors of international organizations. Foreign loans

and billions of rupees of interest on them are poison for our

economy and despite this burden our economy can never develop

and Pakistan can never become a welfare state. He said that in order

to get rid of foreign debts, it was necessary to show commitment by

formulating a unified policy for which unfortunately no government

had worked.

=Overseas Pakistanis are no less than a blessing to Pakistan

Overseas Pakistanis are no less than a blessing to Pakistan but

despite billions of dollars in remittances annually, our condition has

not changed till date. It is proposed that the government should

allocate a portion of remittances from overseas Pakistanis for

repaying foreign loans and strictly prohibit any foreign borrowing in

the future, launch a Made in Pakistan campaign to reduce imports

and First of all, the ruling class should abandon foreign brands. This

is the time when we have to think with our heart and soul for our

country.

Read More:—> JTN News about Economy & Trade

PRF gives solution to debt relief

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