Economy is in a shambles due to govt’s ineptness: Dr Qadeer

The Farther of Pakistan’s nuclear programme, Dr Abdul Qadeer Khan has said that the country is passing through a very difficult period and country needs the sincere and honest leadership.
Speaking as chief guest at on the auspices of Rahnuma-e-Pakistan Forum here on Saturday, Dr Qadeer said that the current state of the affairs is the consequence of ineptness and dishonesty of those sitting on the helms of the affairs.
He said that all the ministries and government departments are being run by those who did not have any know how of their respective department but busy in looting and plundering the country. He said that the nation is being misguided about power generation through Thar Coal as fake claims being made that 50,000 mage watts energy could be produced. He declared it intellectual dishonesty. He made it clear that projects like Thar Coal and Reko Diq require investment of millions of dollars and state of the art equipment and technology.
He said that China has the technology and skill to extract coal from Thar reserves. Dr Qadeer said that no country can survive without economic sovereignty and nation is crying for honest and able leadership.
Dr Khan said that Pakistan has developed world’s most modern and cheapest nuclear technology as we spent only $250 million on achieving the goal that’s why the entire world is surprised over this marvelous achievement.
He informed that people were making mockery of us over my efforts to enrich uranium through a simple centrifuge machine but the world is now evident that we have achieved our task. He said that he did not get any type of assistance from any foreigner in this task.
The Guest of Honour and leader of the business community, S M Muneer said that Pakistan is facing very difficult period of its history as economy has gone down to the lowest ebb while government is not making any effort to rescue it. He said that he repeatedly advised the President Zardari to have some brain storming with stakeholders and find out solution to the ongoing crisis.
He said that government should once for all get rid-off circular debts and the blackmailing of Independent Power Plants (IPPs) besides handing over the public units such Steel Mills, PIA, Pakistan Railways, etc. to the consortium of private sector to turn them around.
He said that public sector units are making Rs400 billion loss annually and of that amount converted to the energy sector the country would be out of woods and economy would start recovering. He said that present government is constantly over-burdening the trade and industry and general masses by unabated increase in power and POL prices.
“If the government announces even 20 per cent reduction in POL and electricity prices there would be in a positive change in economic activities and industry would be showing recovery besides boosting exports. He called upon the government to wake up from deep slumber as industry is shifting to Bangladesh, Sri Lanka and other countries due to its pathetic attitude towards industry.
Former Chief Justice of Pakistan Saeeduzzaman Siddiqui while showing his concern over dwindling economy said that the country has been brought into massive internal and external debts and government has no money to run day to day affairs. External loans are hovering to over $70 billion while internal debt has gone to over one trillion rupees. He warned that sense of deprivation of the people of Pakistan has gone to the boiling point and government should learn a lesson and not to create the scenario of another East Pakistan tragedy.
He said that political solution could only resolve Balochistan issue and government should stay away from using power in Balochistan’s people. President, All Karachi Industrial Alliance, Mian Zahid Hussain said that government should mend its ways and try to rescue the sinking economy. He said that Dr Abdul Qadeer Khan is an asset to the entire Muslim Ummah and whole nation solutes him for saving Pakistan and its future generation through his marvelous achievement in nuclear technology. He said that people of Pakistan want leaders like Dr Qadeer to lead the nation.
Senator Abdul Haseeb Khan said that the stalwarts like Dr Qadeer Khan are no more being born and there are midgets all over sitting on the helms of affairs. He declared Dr Qadeer as pride of the nation. Chairman, Rahnuma-e-Pakistan Forum Inam Ilahi Shaikh said that the present state of the nation and is so pathetic and every Pakistani is weeping and crying over the state of affairs in Pakistan and sinking economy. He said that nation earnestly needs the leadership of Dr Qadeer Khan.