Muhammad Sarfraz Abbasi

The country went gaga over the announcement of the Prime Minister that after putting focus of the government to stabilize the economy he is all set to go after those who are responsible of leaving the country massively indebted. The nation felt the heat of Prime Minister’s ambition for the across the board accountability when he said he could not be blackmailed with protests. He further showed his determination by saying even if my life goes, I will not leave these thieves alone - I had prayed to God to give me one chance. The Prime Minister told the nation that he is going to form a high-powered inquiry commission with a one point agenda to diagnose how did the previous governments increase the debt by Rs . 24,000 billion to Rs.30,000 billion from Rs.6,000 billion merely in 10 years? The Prime Minister further unleashed his game plan by elaborating the possible formation of the commission which shall consist of the Federal Investigation Agency (FIA) , Intelligence Bureau ( ...

Today I found sometimes to review Pakistan's history of borrowing from IMF. While going through the data I've found some interesting facts which I thought I should be sharing with my contacts base on social media. I believe such a work on historical data is important to work on and share with other because this how a common Pakistan citizen can fight power mafias who have been ruling this country and have full contribution in destroying it economically by compromising economic empowerment but they still have the audacity to come on TV channels in talk shows and do the circus of press conferences to misguide the innocent people.  Pakistan’s story of knocking IMF’s door began on 8 December 1958 when Gen. Ayub first went to IMF. Gen. Ayub's finance team got SDR 25m approved under standby agreement but the money was never withdrawn. However, after expiry of earlier agreement and commitment made by IMF the Gen. Ayub's team super talented economics gurus went to IMF tw...