All posts tagged: fiscal policy

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!

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 […]

A Delegation from Hizb ut Tahrir / Wilayah of Lebanon Visits Parliament Member Dr. Osama Saad of Sidon

As part of Hizb ut Tahrir/ Wilayah of Lebanon’s campaign to raise awareness of the dangers of joining the International Monetary Fund system, which the Lebanese authority adopts, and the current government’s program towards the IMF, elections and demarcation of borders leading to normalization with the Jewish entity, a Hizb delegation in Wilayah of Lebanon […]

Taxation under the Capitalist Economic System is Oppressively Regressive, Breaking the Backs of the Needy and Indebted

The revenue target for the next financial year, 2021-22, is targeted at Rs. 5.829 trillion, compared to Rs 4.691 trillion for the closing financial year, 2020-21, showing an overall increase of Rs1.138tr (24 percent). This is whilst the IMF has set a target of Rs 10 trillion for 2024-2025.