LAHORE, Nov 11: Jamaat-i-Islami amir Qazi Husain Ahmad says getting loans from the IMF will tantamount to economic suicide.

He suggested that the government instead approach and convince friends of country for a bail-out besides bringing back the capital flown out by the ruling elite as well as drastically cutting administrative expenses.

In a statement on Tuesday, he demanded that “real faces” behind the dollar scandal should be exposed as money changers were only insignificant pawns. He also condemned the bomb blast outside the Qayyum Stadium in Peshawar, alleging that the government had failed to provide security of life and property to masses.

He said the rulers had found a scapegoat in the Taliban as the latter were blamed for each and every incident.

He believed that the bomb blasts could be averted by implementing the unanimous resolution passed by a joint sitting of parliament regarding the war on terror policy.

Baloch: Accepting IMF conditions for getting its loan is like allowing the East India Company to establish its hold on Pakistan, MMA leader Liaquat Baloch said at a seminar on economy here on Tuesday.

Titled Pakistan’s economic crisis: reasons and remedies, the seminar was organised by Jamaat-i-Islami at the Lahore Press Club.

Baloch said the people who transferred dollars abroad must be exposed.