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Bankrupt

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    Dollar appreciation can bankrupt Pakistan like Sri Lanka. Unrelenting inflation, SBP should not remain a silent spectator. Friendly countries are unwilling to trust or lend.

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    (July 25, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance and former Provincial Minister Mian Zahid Hussain on Monday said constant appreciation of the dollar can bankrupt Pakistan like Sri...
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    The world is drowning in a serious debt crisis. Over100 countries are facing financial problems, and dozens may go bankrupt. Pakistan should ensure political stability to avoid problems.

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    (July 18, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said the world is drowning in a serious debt crisis. More than...
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    Steps taken for economic reform are insufficient. Govt inadequate response weakening economy and rupee. Tax system should be made balanced.

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    (June 17, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the steps taken for reforming the economy are insufficient. The recent...
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    Govt broke its own record of borrowing Volume of foreign loans doubled in three years Country is going bankrupt due to poor governance:

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    (December 20, 2021) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and Former Provincial Minister Mian Zahid Hussain on Monday said the government has broken its own record of borrowing According to an...
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    Coronavirus has damaged developing economic a lot. Irresponsible attitude by rich nations to result in global crisis. Bankruptcies in poor nations to hit developed world.

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    (November 25, 2020) Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said coronavirus has damaged developing economics while the response of...
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    World heading towards economic famine. Globally 35 percent of companies will bankrupt. Pakistani industry recovering.

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    (July 29, 2020) President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI’s Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Wednesday said the world is heading towards economic famine. Globally, around 35 percent...
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    Broken power sector swallows $45 billion in a decade. Circular debt shaking foundations of the economy. State-run corporations slaying people, economy.

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    (July 06, 2020) President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI’s Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Monday said failed state-run companies continue to damage the country. The matter should...
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    Fixed tax for commercial importers demanded. Steel industry, fertilizer distributors and dealers should be supported. Petrol price hike to result in inflation, hit exports.

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    (June 29, 2020) President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI’s Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Monday said continued economic downfall since two years and virus has damaged...
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    Politicians, bureaucrats who destroyed the power sector be punished. Transferring the entire burden on circular debt on masses unacceptable. Concessional energy tariff for the export sector should continue.

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    President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI’s Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Monday said some politicians and bureaucrats played a central role in ruining power sector...
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    Current situation can bankrupt over 100 countries. Many countries using whole income to service debt. Debt cancellation will not resolve the crisis.

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    (May 01, 2020) FPCCI’s Businessmen Panel SVP, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the ongoing situation can result in the bankruptcy of over one hundred...
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