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Imran Khan is neither a democrat nor a protester, according to Miftah

Imran Khan is neither a democrat nor a protester, according to Miftah


KARACHI: Former Finance Minister Miftah Ismail has criticized the country's political and economic policies, particularly targeting former Prime Minister Imran Khan, accusing him of lacking democratic spirit and simply seeking to regain power.

Speaking at a dialogue organized by the Habib Public Alumni Association in Karachi on Saturday, Ismail spoke about the country's economic challenges, saying, “No country will invest in Pakistan unless the monetary and fiscal conditions are not improving.”

He highlighted the nature of foreign investments over the past two decades, noting: “Pakistan has only attracted investments for local sales. No country has made investments aimed at manufacturing products for export.

Ismail expressed concerns over the lack of effective economic policies capable of boosting national development. “Even if corruption is eliminated, Pakistan will not become rich. Businesses cannot thrive on loans from friends; they need bank financing,” he said.

He stressed the need to simplify investment processes to attract investors and highlighted alarming literacy statistics: “In Pakistan, 78% of ten-year-olds cannot read two sentences. »

Commenting on Imran Khan's approach to politics, Ismail remarked, “Imran Khan lacks democratic spirit. He is not anti-establishment but anti-establishment. His 2011 rally was supported by the establishment. Current politics is divided between pro- and anti-establishment factions. On cue, Khan would once again align himself with the establishment.

Ismail further criticized Khan's dependence on establishment support, saying: “Those who bring you to power can also remove you.” Khan's problems with the current establishment stem from their failure to support him.”

Reflecting on past governance, Ismail said, “During Khan’s tenure, we witnessed incidents like the one in the ring. Nawaz Sharif said fuel prices would not increase, while Ishaq Dar aspired to become a minister. Shehbaz Sharif remained silent.

Ismail also criticized former Finance Minister Asad Umar's decision to shun the International Monetary Fund (IMF), calling it a mistake. “Not increasing prices cost us 110 billion rupees. The entire civil government is functioning on 40 billion rupees,” he explained.

Ismail, who is preparing to launch a new political party, remarked: “We could have had ministries, but we will achieve this through votes, God willing. If we don't join the government, so be it, but we are grateful to the army for preventing us from becoming like Syria.”

He called for candor in politics, saying: “Someone has to say no. Nawaz Sharif should have said no. If he had admitted defeat on February 9, it would have been his victory.”




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