- Miftah says that Govt plans to collect about RS100 billion masses.
- The ex-finish is asking for the coalition in power to reduce its own expenses.
- He said Govt could have used provincial PSDP funds for such projects.
Former Minister of Finance, Miftah Ismail, assailed the government led by Prime Minister Shehbaz Shehbaz Sharif for introducing a “mini-dubbing under the costume of Balutchistan development projects” by refusing the emergency services of oil prices.
Speaking on Geo News“Geo Pakistan program, Miftah – A former PML -N leader – has engaged in a scathing criticism of the Shehbaz government to maintain fuel prices and decide not to achieve the advantages of the drop in fuel prices on the international Pakistani market.
“You don’t need anything else (…) You can use the provincial government funds, because its budget is surplus, it is a mini-dubbing that you are trying to justify on behalf of the development of Balutchistan,” said Miftah, Secretary General of Awaam Pakistan.
Prime Minister Shehbaz has announced that the savings in restraint in restraint of the price of fuel will be used for the development of the N-25 motorway in Balutchistan, which connects Chaman, Quetta, Kalat, Khuzdar and Karachi.
By maintaining oil prices, the government increased the oil withdrawal by 8.72 rupees per liter in petrol (from RS70 to RS78.72 per liter) and on diesel, it increased from RS7.01 per liter (from RS70 to Rs77.01 per liter).
The Minister of Petroleum, Ali Perviz Malik, defending the decision in a television address, said that fuel prices have remained below those in neighboring countries and that freezing supported development priorities in Balutchistan.
He urged the public to accept what he called a “little drawback” for long -term national development.
This argument line was taken over by Prime Minister Shehbaz, who, during an event during an event in Islamabad, said that the savings in the maintenance of oil prices will be spent for the development of Balutchistan.
He added that a project had been planned for the construction of the Karachi-Quetta motorway, under which a high quality road will be built at a cost of 300 billion rupees in two years and that the deadly road which had won about 2,000 lives would be transformed into a highway.
Calling this a gift for residents of Balutchistan, the Prime Minister noted that those who oppose such projects are close.
Stressing the doubling of the Balutchistan quota at the National Finance Commission (NFC) Award, the Prime Minister said that the road project would be built while joining the highest standards.
However, emphasizing the errors within the framework of the government’s approach, Miftah – who also worked as financial TSAR under Prime Minister Shehbaz – said that separate funds have been attributed to development projects.
Noting that the government allocated 1,100 billion rupees for such initiatives – of which around 700 billion rupees were allocated to Pakistan legislators – Pakistani chief Awaam said that the government could have used funds for the provincial government’s budget – which was in excess.
He said that he could not be that the federal budget funds were used for highways in Punjab, but with regard to these projects in other provinces, the taxes of all Pakistanis are used for this purpose.
“There is always a means when there is competence and approach (thought),” he said in response to a question of whether the government does for lack of choice because there was no other means.
He said that the government was aware of the possibility of dropping the oil prices worldwide and therefore promised the International Monetary Fund (IMF) to use this, coupled with the taxation of new taxes to avoid introducing a mini-budget.
Stressing that the government imposed RS17 in taxes in March, coupled up to Rs30 during the current month and that the same amount would be collected on the masses in May and June each, Miftah said that the government was ready to collect around 100 billion rupees among the masses which amount to around 8% of the total budget and are therefore practically a “mini-bugget”.
Recognizing that each government needs funds, Miftah has called on the government to reduce its own expenses. He deplored that if the wages of ministers and legislators were 300% on the one hand, the wage class faces a 40% tax that increases to 50% for companies.
Deploring the exorbitant prices of electricity and gas, which he described as higher in the region, he pointed out that the government could have used the funds left by the funds of the Public Sector Development Program (PSDP) – which had been increased by 64%.
When he was asked to give credit to the government for saving the country from lack of defect, the former Minister of Finance said that the government should have a credit there.
Oil prices have dropped worldwide, if you want to give credit to PM Shehbaz, then surely do it, it noted while highlighting the favorable global environment with regard to the prices of goods that Pakistan has benefited.
By saying that the government can engage in all kinds of “show projects” such as air ambulances, the fact is that the average salary of Pakistanis has practically decreased in the last three years and that more than 100 million people lived below the poverty line coupled with up to 270 million schoolchildren in the country.
Deploring what he called a dysfunctional system that could not provide basic equipment such as health, education and drinking water to masses, Miftah has castigated the government for transferring the burden of prices to people, but refusing relief when it fell.