Dr. Qaiser Bengali Criticizes Pakistan’s Lavish Imports Fueled by Borrowed Dollars

Dr. Qaiser Bengali, a prominent economist of the country, commented on Pakistan’s economic situation, stating that we are importing cars using borrowed dollars.

Speaking at an event in Karachi, he said, “If you go to supermarkets, you’ll find imported food for dogs and cats, and you’ll even find dog and cat shampoo. At Islamabad Airport, you won’t find anything Pakistani. I buy biscuits from the road because I don’t want to use imported items while waiting at the airport.”

He further stated that the import of cars should be stopped, as we are paying for these imported cars in dollars, and those dollars are borrowed.

Dr. Qaiser Bengali remarked, “This luxurious lifestyle we see here is being funded by borrowing from other countries. This cannot continue.

  • Related Posts

    Inflation Expected to Rise from 5% to 7.5% in FY 2025–26, Says Government

    The government has warned that inflation could rise to 7.5% in the next financial year (2025–26), compared to 5% this year. This increase is expected due to relaxed import restrictions…

    Pakistan’s Salaried Class Paid Over 5 Times More Tax Than Exporters, Retailers In FY2024-25

    In FY2024-25, Pakistan’s salaried class paid over Rs550 billion in income taxes—five times more than the combined Rs100 billion contributed by exporters and retailers, according to the Salaried Class Alliance…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    City Karachi

    Power Outage for Several Hours in Various Areas of Karachi, Citizens Suffer in Extreme Heat

    Power Outage for Several Hours in Various Areas of Karachi, Citizens Suffer in Extreme Heat

    Trailer Hits Motorcycle Near Super Highway in Karachi: 2 Women Killed, 2 Children Injured, Driver Flees

    Trailer Hits Motorcycle Near Super Highway in Karachi: 2 Women Killed, 2 Children Injured, Driver Flees

    Karachi Weather to Get Hotter from Today, Could Feel Like 45°C

    Karachi Weather to Get Hotter from Today, Could Feel Like 45°C

    Six Dead and 165 Injured in Traffic Accidents During Eid Holidays in Karachi

    Six Dead and 165 Injured in Traffic Accidents During Eid Holidays in Karachi

    No Traffic Fines for Minor Violations in Karachi Until Chand Raat: DIG Traffic

    No Traffic Fines for Minor Violations in Karachi Until Chand Raat: DIG Traffic

    Fire Erupts in Building Near Baloch Colony Bridge; Over 10 Trapped on Rooftop

    Fire Erupts in Building Near Baloch Colony Bridge; Over 10 Trapped on Rooftop