Sunday, 22 Muharram 1446 | 2024/07/28
Time now: (M.M.T)
Menu
Main menu
Main menu

Media Office
Wilayah Bangladesh

H.  10 Rajab 1432 No: 1432-07/03
M.  Monday, 13 June 2011

Abul Mal Muhit Presents Annual Awami Pillage Plan (AAPP)!

 On 8th June (2011), the Hasina government's Finance Minister Abul Mal Muhit presented the Annual Awami Pillage Plan for 2011-12 of BDT 1,63,589 crores! It is enough for someone to note that the objective of 2011-12 budget mentioned by A. Muhit that, "...high performing growth supported by advanced and innovative technology with prices of commodities stabilized, increasing income and human poverty brought to a minimum level, health and education for all secured and capacity building combined with enhanced creativity, social justice established, social disparity reduced...", is almost an exact repetition of the one presented approximately 40 years earlier by first Finance Minister Captain Mansur Ali ".... ...prices of commodities stabilized, increasing income and human poverty brought to a minimum level, health and education for all secured, social justice established, and social disparity reduced....". The Muslims of Bangladesh state clearly their hate and reject of the pillage plan, rhetoric and pack of lies by the servants of IMF and WB, treacherous agents and looters.  

The Pillage Plan states that 8% of the total financing will come from foreign loan while 11% of the expenditure is for payment of interest on foreign loans, which clearly highlights to the people that the budget is nothing but a plan to loot the people's wealth and consolidate IMF and WB domination. In the name of the Public Resources Management Credit (PRMC) dictated by IMF and WB the government imposed more taxes and VAT. These organizations have at first suggested the liberalization of interest rate (in 1990s), and then came up with the PRMC. Later on they came up with more lethal weapon of killing people known as Poverty Reduction Strategic Plan (PRSP). With its total failure to reduce poverty, income inequality, they have introduced SAP (structural adjustment program) to open the market via trade liberalization and privatization. In reality the idea of free trade opened Bangladeshi market to US-UK-Indian companies, ending up with heavy trade deficit, lack of local industry and more debt burden upon the people. After the visible failure of SAP they are now calling for PPP (public private partnership), a new form of privatization policy in disguise. Thus like the political domination of the imperialists, IMF and WB dictate the economic affairs of the Ummah to the point that one WB officials in Dhaka said that ‘........the thing is that we don't want to reach an agreement with the government every time we make an engagement, rather we want to impose a policy, that will work best.... '

Only the Islamic economic system under the leadership of Khilafah "Caliphate" State will liberate the Muslims of Bangladesh from the brutality of capitalist economic system. The most important responsibility of the Khilafah "Caliphate" state will be to fulfill the basic needs of all people. The main economic policy will be distribution of wealth. No tax is imposed on income or expenditure like VAT, rather it is only collected on wealth in the form of Zakah, Ushr, Kharaj and other sources like Jizyah, Fa'i etc. Interest based financial system and capitalist digital looting machine stock market will be abolished to release more fund for real sector investment and productivity. Since electricity, gas, oil and minerals are public properties they will not be handed over to a few private or or imperialist capitalist companies like Summit power or Conoco Philips in the name of privatization. All these resources will be provided to the people at maintenance cost. Dollar based currency system will be abolished to axe American hands in our economy and international and local inflationary effect on purchasing power by  introducing Shari'ah compliant gold and silver standard. Hizb ut-Tahrir calls upon the people to root out capitalist slaves like Hasina-Khaleda and to establish Khilafah "Caliphate" so that the Ummah can become liberated from the shackles of capitalist system.  

Hizb-ut Tahrir: Media office
Wilayah Bangladesh
Address & Website
Tel: ‎+88 01798 367 640‎
www.ht-bangladesh.info
E-Mail: [email protected], [email protected] Skype: htmedia.bd

Leave a comment

Make sure you enter the (*) required information where indicated. HTML code is not allowed.

Site Categories

Links

West

Muslim Lands

Muslim Lands