All posts tagged: debt

The New IMF Deal is Open Enmity against the Muslims which a Change of Finance Minister Cannot Fix

The Capitalist System must be Uprooted Complying to IMF dictates, the government of change has committed to a host of destructive back breaking measures. It will raise an additional Rs. 1272 billion in taxes for the next financial year, chasing a target of Rs. 5963 billion, when it failed to meet the Rs. 4691 billion […]

Pakistan News Headlines 06/09/2019

Through Obedience to the IMF, Democratic Rulers can Never make Pakistan Industrially Strong How is it Justice that Pakistan Justice Movement (PTI)’s Waive 200 Billion Rupees from Industrialists, whilst Increasing the Tax Burdens on the Common Man? The Political and Military Leadership of Pakistan is Responsible for Responding to the Aggression of the Hindu State […]

Kenya Exporting Oil: Profit to Colonial Multinationals and Misery to Citizens

President Uhuru Kenyatta on Monday morning, flagged off the first 200,000 barrels of crude oil from Kenya. UK-based Chinese company, ChemChina, bought the first batch of the Kenyan crude oil at Ksh1.2 billion (USD12 million). This is part of the Early Oil Pilot Scheme (EOPS), which is an important step towards the South Lokichar Full […]

Pakistan News Headlines 18/8/2019

Debt Trap is Part and Parcel of Capitalist Economic System 121 billion Rupees Increase in the Power Revenues is through Crushing the People Loss of Life during Rains in Karachi is Due to Democracy Debt Trap is Part and Parcel of Capitalist Economic System The federal government’s total debt stood at Rs31.784 trillion as of […]