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One Percent Controlling the Country: Miftah Phot Phade

Former Federal Finance Minister Miftah Ismail has said that one percent of people are controlling the country, the richest 570 people are given loans at one percent.

Miftah Ismail has said that only one percent of people are controlling the country, the richest 570 people are given loans at one percent interest rate.

Addressing the ceremony in Karachi, the former finance minister said that our growth model is upside down, mobile phones worth 2 billion dollars come and our total export is 30 billion dollars.

He said that Shaukat Tareen tried to improve the agreement made with the IMF, when he took over the portfolio, the foreign exchange reserves were 10 billion dollars.

He said that he was a minister for 5 months and was also in jail for 5 months.

Miftah Ismail said that one percent people are controlling the country, the richest 570 people are given loans at one percent.



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