KARACHI  - The Pakistan Economy Watch (PEW) on Saturday criticised the upward revision of the power tariff, saying that it would paralyse the masses and the struggling economy.

In a statement, PEW President Dr Murtaza Mughal said the government says that it cannot break promise with international monetary institutions but finds it very convenient to break all the poll promises. He said that the life of common man has been made miserable beyond imagination as the rulers are playing with national security in a bid to please IMF and restore global rating.

Government has been following policies of the IMF to ensure so-called stability which is destabilising the whole country, he added. Mughal said that rulers are unwilling to contain theft worth Rs250 billion in the energy sector, tax nobility, nab tax evaders or contain Rs.500 billion corruption in the FBR therefore it is bleeding the masses and honest taxpayers white.

Rulers are not ready to sacrifice their luxuries while transferring all the burden of their unwise policies on the helpless masses, he said, adding that NEPRA has been dancing on the tune of government, has dented its credibility beyond repair.

Dr Murtaza Mughal said that PML-N must remember that masses brought them to power because they were unhappy over performance of the PPP-led coalition government. It should not frustrate the masses to an extent they repeat the history of Faisalabad by-elections where the PML - N lost after twenty long years of continued success which speaks volumes about the mood of the masses and the popularity of the ruling party.