How would Jama’at manage that Pakistan gets rid of external loans?

When we have a government, one that is conscious of national pride and is self-respecting, it will never even think to strike a bargain with foreign donors which is against the national interest. We better ask: if the present rulers have re-scheduled their personal loans, why could they not re-schedule the national debt? In the current budget Rs. 248 billions are to be paid against debt-service, meaning thereby that loans will have to be arranged even for part of the defense budget. Things are really getting out of hand and unsustainable and warrant a great surgical operation.

Government and the Interest-Free Economy:

The Jamaat understands the importance of international relations and that no nation can survive in a state of isolation. In Pakistan, Jama’at is the only political party that enjoys the assistance of a team of well-qualified economists, which reviews periodically and submits reports on the Pakistan economy. They regularly analyse the government policies affecting various sectors of the economy. During the previous term of Nawaz Sharif government,(1991) a Self-Reliance Committee, headed by Prof Khurshid Ahmad, submitted detailed recommendations as to how, through a phased programme, the country could get rid of the international money-lenders. There have been Seminars and their proceedings, are published giving comprehensive reports and providing workable solutions as how to eliminate riba (interest) from the economy. We have very strong reasons and evidence to believe that by making sincere efforts, the un-natural interest-based economic system, which Allah has declared to be a war against Him and His Prophet (p.b.u.h.), can certainly be substituted with an Islamic mode of economy. It will also be a welcome model for the third world developing economies, from where estimatedly 245 billion US dollars get transferred every year to the rich countries of the North-West. It is because of this un-natural system that the rich-poor gap is continuously widening and the poor getting poorer.