Pakistan: Khursheed says pro-IMF policies crushing people

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Expressing serious concerns over steep the increase in the prices of essential commodities, the Leader of the Opposition in the National Assembly Syed Khursheed Ahmad Shah on Tuesday lashed out at the government saying it had crushed the masses to please the IMF. Speaking on a point of order, the opposition leader said a surge in the prices of flour, electricity and petroleum products had added to the miseries of the common man. Khursheed Shah said potatoes were being sold for Rs90 per kg, tomatoes for Rs200 per kg while the price of flour had increased to Rs50 per kg. He said the leaders of the ruling party, when in the opposition, used to dub the petroleum levy as ‘Jagga Tax’ but now their own government is continuously increasing the petroleum prices. He also criticised the government for suppressing the voice of those who were protesting against the hike in the power tariffs. Khursheed Shah said we would not accept the privatisation of major state institutions including Pakistan Railways and Pakistan Steel Mills at throwaway prices. He said National Savings and National Bank of Pakistan are profit-earning entities and they should not be privatised. He said the overseas Pakistanis are contributing greatly to the national economy by sending 16 billion dollars in remittances annually.