The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has raised interest rates by 1.5 % to 15 %. According to the SBP’s own press conference, the increase is to slow the economy down, whilst claiming that such demand contraction is a must, otherwise high growth is unstable, worsening inflation. Even after these cruel and destructive measures, efforts must be made to keep inflation below a back-breaking…

May Allah (swt) have raised Major Khalid Butt sinless, for the severe illness he bore with dignified patience. May Allah (swt) grant Sabran Jameelan to his family for this great loss. We ask that his righteous progeny

Pakistan is in need of a tried and tested solution to crushing inflation, which Islam uniquely provides. The Messenger of Allah (saw) approved of the minting of gold dinars, weighing 4.25g, and silver dirhams

The IMF ensures every budget bleeds Pakistan for interest payments, whilst continuously increasing the total taxation and slashing subsidies. Under the previous IMF budget, the Bajwa-Imran regime paid Rs. 3,000 billion in interest and raised Rs. 5,000 billion in taxation, crushing the poor and indebted. Under the current IMF budget, the Bajwa-Sharif regime will now pay Rs. 4,000 billion in interest, whilst raising the taxation target to Rs. 7,000 billion.