All posts filed under: Economy

Controlling the Employees’ Money is a Great Injustice

Media sources reported that the Fakhfakh government is preparing to issue a decree authorizing the deduction of a working day from employee wages during the month of April, under the pretext of mobilizing resources to face the repercussions of the Coronavirus epidemic. This decision comes at a time when people suffer from high prices and […]

Sugar and Wheat Crisis Investigation Reports Confirm that Capitalist Democracy is the Destructive Virus

that must be Completely Locked Down, so it Dies its Own Death The investigation reports, over the sugar and wheat crisis, have exposed the power elite, including Jahangir Tareen, Khusro Bakhtiar, Moonis Elahi and the Sharif brothers. Moreover, once again the ugly face of democracy has been exposed for providing legal loopholes for the ruling, […]

Time to Rethink Capitalism

Due to the current situation of Covid-19, there seems to be a significant emphasis on saving the economy rather than saving lives, where the Federal Reserve is currently pumping trillions of dollars to make sure that the economy remains lubricated. But the truth of the matter is that the global economy was in a difficult […]

COVID-19 and the Economy of Malaysia

On the 16th of March 2020, the Prime Minister of Malaysia, Dato Seri Muhyidin Yassin, announced that the Movement Control Order (MCO) is to be implemented throughout Malaysia beginning from the 18th of March to 31st of March 2020. On the 25th of March, another announcement was made by Muhyidin that the MCO is to […]

Population Census Turned into Political Head Count as Common Citizens are at Deplorable Condition

On Friday 21st February, The Kenya National Bureau of Statistics released three more reports (Volume II, III and IV) of the 2019 Kenya Population and Housing Census (KPHC) of the 2019 census results indicating that Kenya’s population is 47.5 Million. The census reveals unflattering data about the quality of life of most Kenyans —the quality […]

The Snake of the IMF and the World Bank Wraps Itself around Lebanon’s Neck

The exacerbation of the debt crisis makes debtor countries unable to service the debt (installments and usury), so all their concerns become an attempt to reschedule their debts and take new loans to revitalize their economy, and until this is done, they are required by the creditor countries group called the Paris Club, as well […]

Expecting any welfare from the Capitalist system is foolishness which is oppressive and exploitative as it applies same tax ratio on wealthy and poor

The latest report of the Ministry of Finance revealed that in the first six months of current fiscal year 44 percent more in direct tax has been extracted from people although in the same time period import of oil and gas and their domestic production dropped to 20 and 10 percent respectively. This huge burglary […]

The Bajwa-Imran Regime Uses FATF as an Excuse to act as a Hired Facilitator for a Deal to Secure a Permanent US Presence in Afghanistan

International media reported that the United States is likely to throw its weight behind Pakistan at the forthcoming plenary of the Financial Action Task Force (FATF) in Paris and save it at least from being placed in the “black list”, if not removed from the “grey-list.” The Financial Action Task Force (FATF) is holding its […]

The Visionless Bajwa-Imran Regime Chokes Our Economy to Lifelessness, by Implementing the IMF’s Colonialist Policies

بسم الله الرحمن الرحيم O Muslims of Pakistan! We were shaken by the highest inflation we have seen in twelve years, a staggering 14.5%, in January 2020, with food inflation standing at a crushing 20%. Our backs have been broken; our hard earned notes flying from our hands, with little to see in return. As […]

The IMF Drowns Us in Back-Breaking Inflation, Just So that Interest-Based Loans can be Paid Back to Colonialist Creditors

After Pakistan saw its highest inflation in twelve years in January 2020, the Advisor to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh, claimed on 3 February 2020 that, “the nation will see that soon the prices start falling down.” However, the regime is misleading the people. The back-breaking inflation is the […]

The 2020 Budget is a Continuation of the Noxious Capitalist Economic Corruption

We will only Enjoy the Solution by the Economic System in the Khilafah State The Jordanian Lower House on Wednesday evening, 15/01/2020 CE, passed the 2020 state budget draft law and the draft for the year’s budgets of independent public institutions. As for the 2020 budget, it is more cursed than its predecessors by the […]

There can be No Economic Revival in Democracy as it Only Serves the Interests of Colonialist Financial Institutions

The State Bank of Pakistan released its Quarterly Report on 6 January 2020, regarding the state of Pakistan’s economy. According to the report, Pakistan’s economy moved progressively along the adjustment path. Macroeconomic stabilization picked up momentum with the initiation of the IMF’s Extended Fund Facility program. The SBP continued to keep the monetary policy consistent […]

The Economic Hitmen of Pakistan – The Treachery Continues

The economic hitmen of Pakistan, Dr. Reza Baqir and Dr. Hafeez Shaikh, continue their destruction of the economy of Pakistan through their allegiance to the Kuffar via the IMF. On December 4, 2019, press conferences were held detailing the so-called success of their economic policies. The discussion during the press conferences revolved around the reduction […]

The 2020 Budget: “Persistence in Corruption and Crushing Poverty”

وَمَنْ أَعْرَضَ عَن ذِكْرِي فَإِنَّ لَهُ مَعِيشَةً ضَنكاً وَنَحْشُرُهُ يَوْمَ الْقِيَامَةِ أَعْمَى “And whoever turns away from My remembrance – indeed, he will have a depressed life, and We will gather him on the Day of Resurrection blind.” [Ta-Ha: 124] On December 20th, 2019, the central government budget bill for 2020 was accepted into the […]

In the Manner of the Defunct Regime, the Transitional Government Seeks to Finance the 2020 Budget from the Pockets of the Simple People of Sudan

بسم الله الرحمن الرحيم After evaporation of the transitional government’s dreams of financing the 2020 budget, through the conference of so-called Friends of Sudan, which was held in Khartoum on Wednesday 11/12/2019, the government resorted, in the manner of the defunct regime, to finance the budget from the pockets of the simple and the oppressed […]

O Minister! Do we eat a “summer watermelon” while the IMF and its deadly doses kill us?!

In a dialogue with him on The Sun FM, Thursday 26 December 2019, the Minister Tawfeeq Al-Rajhi who was assigned for major reforms said that indeed “there is no comment for the sixth tranche of the IMF loan to Tunisia”, in response to the threat from the representative Jerome Vacher, not to spend the next […]

Financial Policies and Economic Remedies on both Sides of Yemen are Wrong

From Thursday until Saturday [19/12/2019 – 24/12/2019], the Houthis launched a violent attack on the monetary policy of Hadi’s regime in Aden by announcing their withdrawal of the new denominations of the local currency of One Thousand, Five Hundred, Two Hundred and One Hundred Riyals that the Central Bank recently printed and leaked into their […]