All posts tagged: privatization

Under the Current Capitalist Economy, Only the Elite Will Benefit from Development Projects. Only Under the Shade of the Khilafah, Will Projects Bring Prosperity to People’s Lives

Published by Media Office of Hizb ut Tahrir in Wilayah Pakistan

On 1 August, 2023, Pakistan Minerals Summit 2023 was jointly hosted by the Ministry of Petroleum and Barrack Gold Corporation. In his address, the Minister of State for Energy, Petroleum Division, Dr. Musadik Malik invited foreign investors to invest in various sectors of Pakistan, especially minerals and mining. He said that the aim of the […]

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 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, […]

The Narrative of so called “Depleting Gas Reserve” proves that the Rulers under this Colonialist System neither care for Energy Security nor do they care about the Misery of the People

Published by Media Office of Hizb ut Tahrir in Wilayah Bangladesh

A major crisis is said to be looming for Bangladesh’s energy security as the country is heading towards a total depletion of its natural gas reserves. Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) said that the country has gas reserves for nine to 10 years, assuming a consumption of around 1 trillion cubic feet every […]

Electricity is Unaffordable Because of Capitalism’s Privatization Concept, as Safeguarded by Democracy

Published by Hizb ut Tahrir Wilayah of Pakistan

Through democracy’s implementation of Capitalism, the government is responsible for Pakistan’s electricity crisis. The present capitalist system ensures that through privatization a few private owners, foreign and local, fully benefit from electricity resources whilst the public faces hardship. Privatization raises electricity prices so that the private owners can profit in their business. As an example […]

The Economic Crisis in Sri Lanka and Britain: Two Sides of the Same Corrupt Capitalist Coin

Published by Dr. Nazreen Nawaz

On Sunday 3rd April, 26 cabinet ministers of the Sri Lankan government resigned due to increasing public anger and protests over the country’s huge financial crisis. The nation’s foreign currency reserves have plummeted in this import-dependent state by around 70% since January 2020 to $2.3 billion in February due to financial mismanagement and the Covid […]

Pakistan’s Revenue and Expenditure under the Khilafah

Published by Hizb ut Tahrir Wilayah of Pakistan

Pakistan’s Current System Secures the Economic Interests of the Kafir Colonialists Sufficient revenues in the state treasury are essential for looking after the affairs of the people and managing the state expenses, such as the armed forces, health and education. However, in Pakistan’s current system, both democracy and dictatorship take turns to secure the economic […]

The Khilafah Alone Will End Our Misery and Humiliation at the Hands of the American Economic Order

Published by Editorial

We are suffering immensely, as the economy obviously collapses, despite the reassurances of Pakistan’s rulers. The rupee is collapsing in value, whilst inflation is spiralling out of control. Fuel, electricity and gas prices are all increasing, as are taxation and unemployment. As if our economic misery were not enough, the rulers use the weak economy […]