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Saturday, August 20, 2011

International financial institutions reigning Pak: Fazalur Rehman

Amir Jamiat Ulema Islam-Fazal Moulana Fazlur Rehman has said that America and the world financial institutions have supremacy over the political and economic system of Pakistan, adding that the Foreign Minister and Finance Minister are nominated on the recommendations of America.

This he said while talking to the representatives of media on Friday at parliament house.
He said that how an effective budget could be prepared by the finance ministry having lack of a single chartered accountant in the office, adding that the members of National Assembly show great happiness in the parliament over the budget made by a clerk.
He said that the political parties have the right to review presidential regulations regarding PATA and FATA after giving them right to conduct political activities in tribal areas, adding that the political agents would be used as “power aid”.
He said that the world is changing, adding that economy become the backbone of countries.
He said that our financial system is in the clutches of IMF, adding that the heads of financial institutions including finance ministry are appointed after the approval of IMF, adding that God knows when the Pakistani nation would get rid of these financial institutions.
He said that the economy of America is shrinking, adding that the debts of US are more than 14 trillion dollars.
He said that the Republicans approved the increment in debt money, adding this money would not be used for US citizens regarding health or education, adding that this money would be used in wars.
He said that production capacity of Pakistan is not weak, adding that no institution has hopeless condition, adding that the main problem is good governance, adding that the resources are being destroying due to mismanagement.
He said that the world is full of weapons and market needed to sell them, adding that for using these weapons battle fields are also needed, adding that America is in forefront among the world countries in making weapons.
He said that we should look into the economy of Pakistan, adding that in presence of the hurdles created by East and West we can make trade relations with the neighboring countries, adding that India is holding hegemony over the Asian markets.
He said he would paid visit to the tribal areas after Eid-ul-Fitar, adding that the members of parliament from FATA got the credit of reforms in the FATA, adding that it would be viewed that either any hurdles would be created by these new reforms.
He said that the creation of new provinces in the country is a continuous question but no body is serious in this regard. SANA