MQM to present federal shadow budget today

KARACHI: Muttahida Quami Movement (MQM) would present federal and provincial shadow budgets for financial year 2014-15. Federal shadow budget would be presented today (Monday) in Islamabad whereas provincial budget would be presented on June 5 in Karachi.
Addressing a press conference, MQM senior leader Dr. Farooq Sattar said his party is presenting shadow budget for last two years and it would continue the trend this year. “We want to make Pakistan such a country who lends loans rather than who takes it. People are deprived of water, electricity and jobs. In shadow budget we would raise the public issues,” he said.
Farooq was of the view that many cities of Sindh, including Karachi, were ignored during the last five years. People’s problems would be highlighted in the shadow budget. Around 60 to 70 percent of the total tax is collected from Karachi, which is being overlooked by rulers. “Karachi is country’s economic hub and engine of growth. MQM always raised issues of Karachi on national level. Justice should be done with Karachi in budget,” he told.
 “Karachi should get 13 percent share of the federal budget according to its massive population. A package of around Rs. 15 billion should be kept for Karachi. Amount should be kept in restoring the Karachi Circular Railway. Mass transit scheme should be initiated in Karachi,” said Sattar.
On the issue of exclusion of 11 major development schemes of Sindh from upcoming federal government’s budget for financial year 2014-15, he said those schemes should be included.
He said MQM chief Altaf Hussain wants to make Pakistan a developed country. “Altaf Hussain wants to empower every Pakistani. If people would be empowered, Pakistan would be empowered,” he stated.

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