Health education for the public is an unfair distribution of resources due to inadequate employment opportunities

Elite is fueling economic misery, resolving issues with IMF, resolving problems lies in focus on direct taxation, focuses on direct tax.

President of the Pakistan Business Man and Intellectuals Four Million Karachi Industrial Alliance, Mian Zahid Hussain, senior vice-chairman of the Businessman Panel and former provincial minister, has said That inadequate facilities for clean water, food, health, education, energy, and employment are scarce in the country, Not so with growing population and domestic and international conditions As is the unfair distribution of resources. A small section of the elite occupies the domestic resources and their influence and greed are increasing while there is no one to stop them resulting in misery, unemployment, Chinese and conflicts are on the rise. Mian Zahid Hussain spoke to BuzzAss community on the government The confidence of the people can be sustained at the same time When the tax burden is uniform across all sectors, the Tax burden on any sector should not be excessive, Wealthy people should be targeted instead of people And make the distribution of resources fair.

He said budget deficit despite a 650 billion cut in development costs last year Billion was FBR target of Rs 5503 billion in 2019-20 Kept in the first six months despite the decline Revenue was 43% lower than the target. IMF denies further reduction in tax target Because of this; FBR received 54 percent in the last six months of this year which would not be possible in any case.

If there is no fundamental change in growth rate that is unlikely so the shortfall of FBR will increase to Rs 750 billion due to higher interest rates Loans and repayments will also increase. Loans in 2018-19 and the payment of dues increased by 39 percent this year they increased by 46 percent in the first six months which will increase in the last six months.

Meanwhile, the Center and the provinces for the Public Sector Development Program in the first six months Only 28% of the allocation is spent While further reductions are possible in the last six months of the current year. He said that the solution to these problems was the illegal tax paid to the elite Lies in eliminating concessions and focusing on direct taxes which no government has ever taken seriously in the history of the country and preferred the shortcut to squeeze the public this has happened to the economy and people of the country.

If the differences between the government and the IMF continue and the program If suspended or canceled, the first effect is to exchange Will be on reserves and due to heavy interest by foreigners, The three billion dollars that Pakistan has set aside They will go back, which will increase economic instability.