India aur Pakistan main say Kis Ki Economy Kamzoor Hai? Kis Ko Economic challenges ka Samna Hai ? Haider Naqvi's Analysis
#IMF #Pakistan #pakistaneconomiccrisis #pakistaneconomy #FarhanBukhari #khawarghumman #chaudhryghulamhussain #hassanayub #haidernaqvi
India aur Pakistan main say Kis Ki Economy Kamzoor Hai? Kis Ko Economic challenges ka Samna Hai ? Haider Naqvi's Analysis
India aur Pakistan main say Kis Ki Economy Kamzoor Hai? Kis Ko Economic challenges ka Samna Hai ? Haider Naqvi's Analysis
Category
🗞
NewsTranscript
00:00 You heard our debate, it was about politics, we will definitely debate. But what Bukhari was saying, that unfortunately they celebrate happiness, although there is no place for happiness.
00:12 Obviously when your national economy is over, you go back to the IMF. So how long will we celebrate happiness? How long will our rulers understand this? Why don't you explain to them?
00:23 They will continue to do this until they finish their expenses. It is very important for them to finish their expenses.
00:30 Anyway, the IMF has been agreed upon. You mentioned in your intro that India has 700 billion dollars in its reserves.
00:40 This is a fact. But there is another fact behind this fact, which is very important for the world to know. India has 377 billion dollars in its reserves, which has been taken from banks on 8% interest.
00:57 India is a country whose 70% population is not affected by basic needs. Of which 29% are asking for freedom and more than 100% are working in private Malaysia.
01:09 The rate of the Indian government has been reduced by 40% in India. This is the country where the world's most self-sufficient people are due to poverty.
01:19 India is a country where the physical body is sold by the whole village by boat. Millions of people live on footpaths and rail tracks.
01:31 Thousands of roads and hundreds of houses are old. This is the reality of India.
01:35 Mr. Nagi, this is your point.
01:37 We do compare ourselves with India. Let me finish. We do compare ourselves with India, but the world should also know this reality of India.
01:45 The world knows that we are talking about the economy.
01:49 The situation of the people is not a bad economy.
01:54 The world's largest exporter of imports and exports is India.
02:02 India has about 1.3 billion imports.
02:09 We have to take care of the economy and increase exports.
02:15 I want to say that the attempts made by some groups, some online petitions, some attempts to break the IWF's office,
02:29 and some attempts to break the staff level agreement, have been successful.
02:39 The political groups that wanted to see Pakistan as a default have not been able to fulfill their wishes.
02:52 The staff level agreement has been fulfilled. This is not a matter of celebration.
02:59 If Pakistan needs something and it is being fulfilled, then we should be thankful to Allah.
03:05 We should not say that our debt has increased.
03:09 The debt has increased. When your income is low and your expenses are high, you have to take out a loan to survive.
03:16 Either you increase your resources or if you cannot increase your resources, then you should reduce your expenses.
03:22 Before we go, the last question is from you, Shoaib.
03:25 The next loan we will take will be until April.
03:30 This is the standby.
03:32 Yes, our standby will end by April. We will get $1.1 billion.
03:36 After that, we are going towards the longest and heaviest program.
03:40 It is a program of about four years and the cost is about $800,000.
03:43 We will have to discuss the whole structure and do new things.
03:48 For example, the regulation of cryptocurrency is not being regulated in Pakistan.
03:51 The state bank says that it is not a currency. The SEC says that it is not a currency.
03:54 Both the institutions keep fighting each other.
03:56 Now we have to legalize it. We have to put a tax on its income.
03:59 There is a lot of work to be done on the real estate.
04:02 Similarly, we have to bring in 9 lakh shopkeepers in big cities.
04:06 All these are important tasks. Then, the expenditure of NFC, Wifaq and Subo
04:10 has to be legalized to some extent so that the expenses of Wifaq are reduced.
04:16 Because the Wifaq loan is being taken back and the Subo loan is being taken back.
04:22 Thank you very much, Shoaib.
04:24 Viewers, before we go to the next story, we will take a short break.
04:27 But before we go to the break, I would like to say something.
04:30 You must have seen the political division of Pakistan in our show.
04:37 The biggest problem of Pakistan is the economy.
04:41 There should be no politics on the economy.
04:44 Pakistan has no say in this.
04:46 The circumstances and incidents that I gave an example of India.
04:51 The example of India did not mean that I am proving India to be a big country.
04:56 But it is the third largest economy in the world.
04:59 It is included in the G20.
05:02 More than 100 billion dollars is spent on IT exports.
05:06 It is one of the top institutions in the world.
05:08 The moon has risen.
05:10 How can we compare it to the reality?
05:13 In the 80s, we were ahead of them.
05:17 The reason for this discussion and this analysis was that we were left behind and we had to move forward.