All posts tagged: debt

Hasina Government is not only Wasting People’s Money but also Betraying the Muslims by Purchasing Aircraft and Satellites from France, the Avowed Enemy of Islam

Published by Media Office of Hizb ut Tahrir in Wilayah Bangladesh

When people are paying a heavy price for the dengue epidemic in the country, with unprecedented shortage of beds in hospitals, lack of adequate medical supplies and even of common saline supplementary, the government has taken up two new looting projects. It has announced to buy ten A350 aircrafts and Bangabandhu-2 satellite from the French […]

The Khilafah Alone Can Solve the Continuous Crisis of Financial Shortages in the Economy of Pakistan

Published by Media Office of Hizb ut Tahrir in Wilayah Pakistan

Successive Pakistani governments have consistently faced the challenge of fiscal deficits. It means the state is continuously short of resources to spend on the people. This shortage of resources faced by the state is the direct consequence of the economic governance structures implemented in the country. Pakistan’s ruling elite implements the capitalist economic model in […]

The Economic Recovery Plan Cannot End the Growing Economic Crisis. The Plan is Subservient to the Capitalist International Order. It Paves the Way for More Chinese Economic Colonialism of Pakistan.

Published by Media Office of Hizb ut Tahrir in Wilayah Pakistan

A press release issued by the government of Pakistan on June 20, 2023 announced a new economic recovery plan. It is primarily supported by the military leadership, and dubbed as the “Asim Munir Doctrine.” Under this plan, it has been claimed that a Special Investment Facilitation Council will be formed to promote investment from other […]

As a result of Applying the Secular Capitalist Principle, Joint Stock Companies are Stealing the Money of the Common People of Yemen

Published by Media Office of Hizb ut Tahrir in Wilayah Yemen

On Wednesday, 18 Dhu al-Qi`dah 1444 AH corresponding to 07 June 2023, the Public Funds Court in the Capital Municipality issued its ruling in the case of the so-called Sultana Palace Group, where it held 82 accused of defrauding 110,000 people during the period between January 2016 and July 15, 2020 and a later date, […]

The Khilafah Alone Can Solve the Continuous Crisis of Financial Shortages in the Economy of Pakistan

Published by Media Office of Hizb ut Tahrir in Wilayah Pakistan

Successive Pakistani governments have consistently faced the challenge of fiscal deficits. It means the state is continuously short of resources to spend on the people. This shortage of resources faced by the state is the direct consequence of the economic governance structures implemented in the country. Pakistan’s ruling elite implements the capitalist economic model in […]

The Hasina Government has Surrendered to the Neo-Colonial Policies of the IMF and Stabbed the Ummah again by Imposing Exploitative Income Taxes and Debt Burdens

Published by Sifat Newaz

The government’s major concerns in finalizing the FY24 budget are limited revenue income and compliance with IMF loan requirements. The record budget of Taka 7617.85 billion has a record deficit of Taka 2578.85 billion when foreign funding and loans are factored in. To meet the massive spending, a total revenue target of Taka 5039 billion […]

Q&A: The Political Scene in Nigeria

Published by Editorial

Question: The provincial and state elections took place in Nigeria on 11/3/2023, after completing the presidential elections. The results were announced on 1/3/2023, with the victory of the candidate of the ruling party, the All Progressives Congress Party, Bola Ahmed Tinubu, as those elections took place on 25/2/2023. His rival in the People’s Democratic Party, […]

Illegal Migration or Racist Motives?

Published by Women’s Section in the Central Media Office of Hizb ut Tahrir

In a tragic accident that adds to the many tragedies the Ummah is witnessing, a boat carrying migrants who set off from Turkey to Italy, hoping for a safe and dignified life, sank. Death preceded them, and more than 65 people drowned, including about 12 children and infants out of 200 people. The reactions to […]

The Economic Problem in Jordan is Primarily a Political Problem, and it will not be solved except by the Islamic Economic System with the return of the Khilafah State

Published by Media Office of Hizb ut Tahrir in Wilayah Jordan

It was never unexpected that the House of Representatives, with a rate of 75% of the attendees, would approve the general budget law for the fiscal year 2023, despite the harsh criticism of the bill during the 3-day debate sessions due to the financial deficit, the high riba (usury) of public debt, and the absence […]

News Review 22/02/2023

Published by Editorial

News Headlines: * Pakistan National Assembly Passes Finance Supplementary Bill * Russia Suspends Participation in New START * Iran Enriches Uranium to 84% Pakistan National Assembly Passes Finance Supplementary Bill Pakistan’s National Assembly passed the Finance Supplementary Bill introduced on Feb. 15, which will implement higher taxes. The bill proposes a general sales tax increase […]

Child Abuse is at an All-Time High in the Philippines, with the West as the Leading Consumer

Published by Imrana Mohammad

The Philippines is the country with the highest production of child abuse material. Charities have estimated that 1 in 5 children are involved in some form of exploitation, and it is commonly the parents and relatives profiteering from the abuse. The lockdowns during the Pandemic left vulnerable children trapped with financially desperate adults. Many may […]

The Reason for the High Prices of Electricity and Natural Gas is Capitalist Policies

Published by Media Office of Hizb ut Tahrir in Wilayah Turkey

The Turkish Energy Market Regulatory Authority (EPDK) announced an increase in electricity tariffs for residential subscription groups by 20%, and for industrial subscription groups by 50%. Meanwhile, Turkish Petroleum Pipelines Corporation (BOTAŞ) announced a 20.4% increase in the residential subscription natural gas tariff and a 50.8% increase in the industrial subscription natural gas tariff. Thus, […]

At the Behest of the IMF, Pakistan’s Rulers Slow the Economy Down, Choking Business and Trade, To Conserve Dollars, Just to Pay Off Foreign Interest Based Debt!

Published by Media Office of Hizb ut Tahrir in Wilayah Pakistan

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has raised interest rates by 1.5 % to 15 %. According to the SBP’s own press conference, the increase is to slow the economy down, whilst claiming that such demand contraction is a must, otherwise high growth is unstable, worsening inflation. Even after […]

Tunisia: Annual Khilafah Conference 2022: The Economic Vision of Hizb ut Tahrir

Published by Hizb ut Tahrir/ Wilayah Tunisia

The world of today is still living on the impact of renewed economic crises, but it continues to be relieved of bad treatments and their distance from the serious issue of the economy, especially in light of the control of the global capitalist system and its global banks and funds in the paths of countries, […]

Pakistan’s Economy is Crashing!

Published by Hizb ut Tahrir / Wilayah Pakistan

Pakistan’s economy is crashing due to international trade based on the dollar, debt with interest (riba) and expensive oil and machinery imports. Islam establishes all trade on gold and silver, ending dollar hegemony. Islam abolishes interest (riba), ending the debt trap. Islam obliges substantial domestic heavy industry to ensure independent, powerful armies. The Khilafah will […]