All posts tagged: loan

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

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 […]

Without Islam’s Gold Dinars and Silver Dirhams, Our Currency Will Always Collapse Before the Dollar. Dollar Hegemony is Maintained by the IMF, the Guardian of the Western International Financial Order

Complying with IMF conditions, Pakistan’s government sharply devalued the rupee, by around twenty-five rupees, which is ten percent of its value, unleashing a storm of inflation. A sharp increase in the prices of electricity, oil and gas is expected soon, with news that an ordinance to impose additional taxes of 300 billion is on its […]

O People of Kinana: Your Patience is Humiliation and your Silence is a Crime What Happens after the Successive Waves of Flotation?!

On Thursday morning, October 27, 2022, the Central Bank of Egypt raised interest rates by 200 basis points, during an exceptional meeting, so that the rate of return for deposit and lending overnight became 13.25 percent and 14.25 percent, respectively, and the Central statement included an important paragraph in which it said that: “Reform measures […]