Shabbar says strict terms of Saudi funds poison for Pakistani economy
Shabbar said the Imran led government should refuse to accept the said Arab dollars on the hard terms and Prime Minister should think over it seriously.
The former FBR chairman also said that Pakistan should say to Saudi Arabia that the Pakistani government were not crazy enough to get a loan on such strict terms.
Shabbar suggested that Imran led the government to issue Sakook Bonds to cover the current financial crisis.
He asked PM Imran Khan that the integrity and honour of Pakistan and Pakistanis have been compromised on the agreement with Saudi Arabia.
Syed Mohammad Shabbar Zaidi is a Pakistani chartered accountant who served as the 26th Chairman of the FBR from May 2019 till April 2020.
He has also served as a provincial Minister in the Government of Sindh during the 2013 caretaker setup.