Lahore: JI Chief Siraj-ul-Haq has urged the Supreme Court of Pakistan to take a suo motu discover concerning the abysmal financial circumstances of the nation, ARY News reported.
In a current assertion, the JI chief took to the present authorities saying the nation is in a extreme political, financial and energy disaster. The US greenback has continued its surge regardless of the change of presidency and crossed Rs200, he added.
He stated that regardless of the court docket’s choice in opposition to the Interest system no chief has introduced to vary it. The nation is in a decent grip of sugar, flour, and drug mafias, he stated.
He demanded to implement the federal Shariat courts’ choice to finish the interest-based financial system. Many developed nations function on 0% curiosity, Bangladesh has 27% interest-free banking, he stated.
A rustic’s economic system will cannot perform by taking loans amounting to over 8% of their GDP, Siraj stated. Over 95% of the nation’s GPD is used to repay our money owed, the nation wants a severe dialogue over the economic system, he added.
The nation can come out of this disaster if corrupt politicians submit their riches to the nationwide treasury, he added.
The JI chief Siraj-ul-Haq additionally introduced holding a public gathering in F9 park in Islamabad on May 22.