A worker works in a pottery workshop on the outskirts of Karachi, Pakistan.
Highlight
- Former Pak revenue chief believes the country has gone bankrupt
- Better to accept that country’s economy has gone bankrupt, says former revenue chief
- He said that the government’s claim that the country is doing very well, achieving great success, is all wrong.
Geo News reported that Shabbar Zaidi, former chairman of the Pakistan Federal Board of Revenue (FBR), has expressed confidence that Pakistan has gone bankrupt and the government claims that the country is doing very well, achieving great success and has changed hands. Yes, all are wrong. ,
Using the accounting term “going concern” as a reference point for viewers, Zaidi said he believed the country to be bankrupt at the moment, the report said. Is.
Zaidi said it is better to accept that a country’s economy has gone bankrupt and find solutions rather than deceive people by claiming that it is doing well.
However, in a thread of tweets, Zaidi clarified that his words were taken out of context and misrepresented. Agreeing that he said there were issues of bankruptcy and concern, Zaidi said that we should also look at solutions.
Zaidi served as the FBR President in the government of Pak Prime Minister Imran Khan from May 10, 2019 to April 8, 2020.
He recently shared his views in a speech given at Hamdard University. But Zaidi later said on Twitter that “only three minutes of his speech have been selected” and aired. He said that he also told about the solution.
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