Resignation of Mr. Asad Umar, Finance Minister of Pakistan

Resignation of Mr. Asad Umar, Finance Minister of Pakistan

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An ordinary citizen started this petition to His Excellency Imran Khan and

The Hon'ble Finance Minister has failed to live up to the wishes of the people. The people at large have lost confidence in his ability to deliver and thus in light of the spirit of the democratic values, he must chose to step down with immediate effect. 

The Minister has thus adopted policies which have resulted in the devaluation of the Pakistani Rupee against the Dollar. This has increased the circular debt that we have in terms of rupees by an amount which will burden the masses even further especially in light of the decreased revenues being collected by the FBR. 

Additionally, the Minister has adopted policies and delivered speeches which have eroded the trust of the business community and has resulted in the Financial Markets crashing down. The Minister in his defence has often quoted that the fall in the Pakistani financial markets is "part of a global trend, the same is happening in India, Bangladesh etc as well" . Would the Minister care to explain why then the Indian BSE SENSEX after a very long time has crossed higher than the Pakistani Market (PSX/KSE 100 Index) recently? The global trend argument is ill conceived. The people and business community of Pakistan have lost faith in the Finance Minister of Pakistan and the Minister is failing in his attempts to restore that confidence. Having Facebook live sessions has done little to calm the dissatisfaction. 

Therefore, in light of the loss of confidence by the general public and the business community the Minister no longer possess the moral authority to represent the People of Pakistan in the capacity that he holds currently and must therefore resign in light of the spirit of democratic values that we hold so closely to our hearts. 

May God Bless Pakistan. Pakistan Zindabad!


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