#KHABAR #ImranKhan #AsimMunir #PTI #Pakistan #ArmyChief #PakistanArmy #MohammadMalick
(Current Affairs)
Host:
- Muhammad Malick
Guests:
- Muzzammil Aslam (KPK Minister of Finance)
- Miftah Ismail (Former Minister of Finance)
- Rana Ihsaan Afzal Khan PMLN
Finally, PTI Receives Response to 3 Letters - Mohammad Malick Analysis
Inflation did not decrease because of Shehbaz Sharif, but - Muzammil Aslam revelations
Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY
Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP
ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
(Current Affairs)
Host:
- Muhammad Malick
Guests:
- Muzzammil Aslam (KPK Minister of Finance)
- Miftah Ismail (Former Minister of Finance)
- Rana Ihsaan Afzal Khan PMLN
Finally, PTI Receives Response to 3 Letters - Mohammad Malick Analysis
Inflation did not decrease because of Shehbaz Sharif, but - Muzammil Aslam revelations
Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY
Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP
ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
Category
🗞
NewsTranscript
00:00Assalam-o-Alaikum, you are watching Khabar Lahariya, I am Muhammad Malik.
00:15Pakistan's democracy is a very unique democracy.
00:19Here, what the Prime Minister says, what the President says, is important.
00:24But what the Army Chief says, is perhaps the most important thing.
00:28Today, as you can see, all the television screens are full.
00:32When the Army Chief General Asim Munir said a few words to the journalists.
00:38This is very unique, because since he became the Army Chief, he has never spoken to the media.
00:44And today, even if he answers questions, he is on a very sensitive subject,
00:48and that is the letters of Imran Khan.
00:50So far, Imran Khan has written four letters.
00:53The fourth letter has arrived today.
00:55In all these letters, if you look at the first three letters,
00:58with each letter, the language is becoming more strict.
01:01These were open letters to the Army Chief, about which the Army Chief said,
01:05he has not received any yet.
01:07Today, the fourth letter, perhaps his language is even stricter.
01:11On that, he has even said, don't insult the common man's intelligence,
01:16because everyone knows that the army is running, the country is not running.
01:20That is why his answer is very important.
01:23The things that have been said about him, the Army Chief said five or six things.
01:28In response to the questions, he said, I did not receive anyone's letter.
01:32Even if I receive a letter, I will not read it.
01:35Even if I receive a letter, I will send it to the Prime Minister.
01:39The letters are all fake.
01:41And then he gave a very positive backup to the government,
01:45in which he said that progress is being made in Pakistan.
01:48The country is moving forward in a good way.
01:50Pakistan is moving forward and will continue to move forward.
01:52Now, the observers are looking at it in two ways.
01:54One is that when he said that even if I receive a letter, I will give it to the Prime Minister,
01:59then he has thrown all his weight in support of this government.
02:03And he has also approved that the country is moving in a very good way.
02:06So that means that a performance report card is also great.
02:09Until yesterday, the government was telling everyone again and again that,
02:13look, the IMF Chief has also said that things are going well.
02:16But there is a big difference between the IMF Chief and the Army Chief.
02:20Our political, special, unique circumstances.
02:24But both sides have their own viewpoint.
02:27First of all, when I asked PTI,
02:31that why are you sending letters again and again?
02:33No one is reading, no one is answering.
02:35Although the answer has come today.
02:37So what was their viewpoint on that?
02:39And then I will tell you what Irfan Siddiqui, the senator of the PMLN government,
02:44answered it.
02:45First of all, listen to Salman Akhar Wajah, the general secretary of PTI.
02:48What did he say when he was asked this question?
02:53There is no answer to two letters.
02:54Why write a third letter?
03:19This has reached.
03:20Who has not reached?
03:21It has reached you, it has reached me.
03:22And where it should have reached more, I assure you that it has reached there too.
03:26You didn't get an answer.
03:27The answer should have reached.
03:29No answer is required.
03:30Many people think that you are getting desperate.
03:33We don't want any answer.
03:34We are just stirring the conscience.
03:38Well, that answer has come today.
03:40But Irfan Siddiqui, you elaborated on it more.
03:42Let's listen to him too.
03:48According to him, the chief said that I have not received any letter.
03:51Neither the first, nor the second, nor the third.
03:53Then there was a counter question on him that if you get the letter, what will you do?
03:56He said that I am not interested in reading the letter.
03:58I will send that letter to the PM.
04:00The appropriate action will be taken by the people.
04:02They will do it.
04:03But I think the most sensitive comment that is being attributed to him is that
04:08all the letters are fake.
04:10So this shows how much of a mess he is in PTI and the establishment.
04:15It is a matter of how it will end.
04:17But the thing that always happens in the country is that
04:20the failure and success of the government comes to the economy in the end.
04:24Then they say that the famous phrase is that the economy is stupid.
04:27So if the government is claiming that everything is good
04:31and the mega indicators are coming in a very positive way these days.
04:35But having said that, there are many things in the economy
04:38that are beyond our understanding.
04:40If everything is good, then why is the condition of the people not so good?
04:43So we said that let's talk about this.
04:45Let's talk about the economy.
04:46When everyone is understanding that it is going very well,
04:48then let's do the analysis.
04:49We have joined by Rana Ahsan Afzal.
04:51Mr. Afzal is the Coordinator to PM on Implementation and Monitoring.
04:55He is a senior leader of PMLN.
04:57Dr. Mifta Ismail has joined us.
04:59He is a former Federal Minister for Finance.
05:01And we have joined by Muzammil Aslam.
05:04He is the Advisor to CMKPK on Finance.
05:06He is affiliated with PTI.
05:09Let's start with Dr. Mifta.
05:13You both are relatively neutral.
05:15You are PMLN and he is PTI.
05:17Dr. Mifta is technically neutral.
05:21Mr. Mifta, how is the economy? Is it good or bad?
05:25Everyone is convinced.
05:27The top power circles are convinced that it is going well.
05:32Dr. Mifta, I think the line has been dropped.
05:38Let's start with Muzammil Aslam.
05:40You will give me the ball, right?
05:43Yes, Muzammil.
05:45Everyone is convinced that it is going well.
05:47How is the economy doing?
05:49Sir, the thing is that you have an angle of view of everything.
05:56You are sitting in the media.
06:00You are sitting in a room.
06:02If we enter this room as your guests,
06:07apart from your set, there are many broken things lying around.
06:13But the world sees a very beautiful set.
06:16But the guest comes in and finds out that it was not so beautiful.
06:20So, from which angle do you want to show?
06:23For example, we take selfies.
06:25If my tone is out from this side,
06:27take it from this angle so that my tone is less visible.
06:29So, this is the whole story at the moment.
06:31If you ask me,
06:34at this time in the economy,
06:37when this government had two parts,
06:40PDM-1 and PDM-2,
06:42PDM-1 broke all the bad records of 75 years,
06:47whether it is of interest rate,
06:49whether it is of inflation,
06:51whether it is of growth,
06:53whether it is of poverty,
06:56whether it is of unemployment.
06:58And in PDM-2,
07:00the amazing thing is that they are sustaining it.
07:02Where they tell us this story that,
07:05I don't know,
07:06inflation is the lowest level in 10 years.
07:09Sir, inflation.
07:11First, they will have to learn a little definition of inflation.
07:15Inflation is a population.
07:17And inflation is a statistically based effect
07:21on which the population does not believe you.
07:24Now, to take today's topic,
07:26a well-known fact is that the country is developing.
07:29So, I will ask a question on this,
07:32that either then,
07:33the way the 26th amendment,
07:35the new laws,
07:36which have changed from the assembly,
07:38then the history of development has also changed.
07:40Because when the country was developing by 6%,
07:43then at that time,
07:44they were not seeing progress.
07:45And now the country is developing by 0.92%,
07:49so they are seeing this progress,
07:51in which 30% is the drop-down of cotton,
07:5425% of wheat is less in the country,
07:57the third consecutive year,
07:59industrial growth is minus,
08:011.8 million people have left the country.
08:04The remittance we are talking about,
08:06earlier 100 people used to sell for 3 billion dollars,
08:09now 120 people are selling for 3 billion dollars,
08:12they are calling it a success.
08:14I don't understand if this is a success.
08:17Okay, your figure of 6.4% growth,
08:22but do you remember at that time,
08:24how much your current account deficit had increased?
08:26Because this is the reality,
08:28that it was not tenable growth,
08:33and that is why our boom-bust cycle used to run.
08:35So, let's talk about that now.
08:37Let's come to that.
08:38If you give me a minute,
08:39if not 30 seconds,
08:40I will make it very clear.
08:42See, that 6.4% growth,
08:45this myth will also be with you,
08:47there was 12% industrial growth,
08:50and agriculture growth was 5%.
08:52There was no consumption growth,
08:54there was a super cycle in the world,
08:56we have to be honest about it.
08:58Oil prices, commodity prices,
09:00which Mr. Mifta says in his daily statements,
09:03that this inflation has not decreased by Shibash Sharif,
09:05if oil has come from 125 to 70 dollars,
09:07then it has come down,
09:08if commodity prices have come,
09:10then you take out the price effect in that current account deficit,
09:13then take out the current account, then we will talk.
09:16Okay, sir, I will also take Mr. Mifta,
09:18because Mr. Mifta,
09:19where there are some bad trends,
09:21there are very dangerous trends,
09:22let's look at others too.
09:23We see that agriculture is 11% negative,
09:27large-scale manufacturing is going into 1%,
09:29minus 1, 1, 1.
09:32Unemployment,
09:33Mr. Hafeez Pacha,
09:34a recent article has come,
09:36he has calculated very well and told that
09:38if the estimates are done,
09:40then unemployment is running at approximately 10.9%,
09:44and for youth, it goes up to 14-15%.
09:48Therefore, these indicators,
09:51more than 10 crores of people are below the poverty line,
09:55this government has also added another 1 crore.
09:58Now, agriculture is down,
10:00large-scale manufacturing is down,
10:02unemployment is so high,
10:04but we see the mega-trends,
10:06your current account balance deficit is also down,
10:09primary surplus is showing a good sign and everything,
10:12your dollar has been maintained for a year,
10:15above 2.78, it is not going up and down,
10:17those fluctuations have stopped.
10:19IMF seems very happy,
10:21they also have all these figures.
10:23What is the state of affairs?
10:25What is wrong with the economy right now,
10:27if you think that things are bad, Mifta?
10:30Look,
10:32in 2021,
10:36Pakistan's per capita income,
10:39i.e. per capita income,
10:42was Rs. 1,92,000 per year.
10:46A person's income was Rs. 1,92,000 per year.
10:50This year, you will still not reach above Rs. 1,90,000.
10:54So, we are constantly getting worse off
10:58compared to ourselves a few years back.
11:01Now, it is true that this year,
11:04as we talk about the shortage of people,
11:08the rate at which inflation was increasing,
11:10there was a shortage in that rate and it is increasing at a slower rate.
11:13In the same way, we can say that our conditions are getting worse,
11:17but now they are getting worse at a slow speed.
11:20And if Allah wills, we have become bottom out
11:22and now we may go up.
11:24But we have been in a bad state since 2021.
11:26And if you look at the GDP per capita of Pakistan in dollars,
11:30then we have come equal to 2017-18.
11:32Now, it is obvious that our policy mistakes are there,
11:35including those of 2017-18, 2021, and even after that.
11:39But fundamentally, what this government should have done
11:43was to make basic reforms,
11:45after which you can bring growth.
11:47What they have done is not to make any reforms,
11:49but to slow down the growth.
11:51So, 9 crore people were in poverty last year.
11:54This year, 10.5 crore people have become in poverty.
11:56So, poverty has increased.
11:58Unemployment has increased.
12:00You have broken the entire demand in the economy.
12:02So, there is a decrease in the number of people in poverty.
12:06But the unrest at the moment, the economic unrest,
12:10the uncertainty due to which the people are going abroad,
12:16as Muzammil said, 18 lakh people have left.
12:19I have never seen so much disappointment in Pakistan
12:23as I am seeing today.
12:25So, the reforms that we need to make,
12:29we should understand that our government has failed,
12:33and we cannot do this,
12:35and we have to bring fundamental changes.
12:37This is not what the government is doing.
12:39Nor is it going towards poverty.
12:41Now you think that you have imposed 61% tax on the corporate sector,
12:4538% tax on the employees,
12:4849% tax on business individuals.
12:51Who can increase business in this environment?
12:53No, but don't say that people's conditions have not changed,
12:57the MPAs in Punjab,
13:00their salaries have increased by 5 lakhs.
13:03The salaries of the National Assembly and Senators have increased by 5.5 lakhs.
13:08This is not the case.
13:10The lives of 12-12.5 lakh people have changed a lot.
13:13You are doing injustice, seriously.
13:15The common man will also recover.
13:17We have to start from somewhere.
13:19Mr. Ihsan, let's come to you.
13:21You have done a great job.
13:23One crore more people have gone under the poverty line.
13:26Ten crores were already there.
13:28But at least you have saved the MNAs, Senators and MPAs.
13:31They did not go below the poverty line.
13:33Besides that, what do you have to say about these alarming signs?
13:37In the name of Allah, Most Gracious, Most Merciful.
13:39Look, no one is saying that milk and honey are flowing in Pakistan.
13:42Problems do exist.
13:43You yourself said that the boom-bust cycle of Pakistan continues.
13:46So do we have to go back to the boom-bust cycle?
13:48We don't have to.
13:50Now we have to go towards sustainable growth.
13:52What is our target? We have already announced it.
13:54Look, God willing, at the end of this tenure, in 2028-2029,
13:57we will grow at 6%.
13:59But our current account deficit will not be there.
14:02We have to move towards sustainable growth.
14:05This is the big thing that you said.
14:07Mr. Pasha, your article is very interesting.
14:09You said that in 2028-2029, we will grow at 6%.
14:12They have done a calculation.
14:14The labour survey was done in the last year, in 2021-2021.
14:17It should have been done in the second year.
14:19Now we are in 2025.
14:21If we work on those estimates,
14:23then every year approximately 22 lakh people are added to the job market.
14:2715-20 lakh people are added.
14:29Okay, let's keep 2 million.
14:31You are right. Let's keep 2 million.
14:33Simply to meet that,
14:36unemployment should stop at this point.
14:38You have to grow at least 4.5%.
14:41Your average is 2.6%.
14:45Listen to my question.
14:47Can I get it?
14:48The population growth is also 2.6%.
14:50Approximately 2.58%.
14:52Economy is 2.6%.
14:54Every year 22 lakh people are added.
14:56They are not getting jobs.
14:58The rate that is going on now,
15:00approximately 4 lakh people are getting jobs.
15:02By 2029,
15:04the lakhs of people who are being added,
15:07and what will happen to this backlog,
15:09what will happen to the current?
15:11You tell us about the current account deficit.
15:14We get happy. You get happy.
15:17I will answer your question.
15:19What will happen to the common man?
15:21The definition of inflation has not changed.
15:27The consumer price index was defined the same way yesterday.
15:30It is still defined the same way.
15:32If it has come down from 40% to 2-4%,
15:35then it is an achievement.
15:37You can say it from any angle,
15:39that it is an achievement.
15:41Let's clear one thing for the people.
15:44One thing you have to clear, a small fact check.
15:47Things have not become cheap,
15:49only the rate of becoming expensive has decreased.
15:51The one who is buying a tomato for Rs. 400,
15:53is buying it for Rs. 400.
15:55Sir, this will happen now.
15:57When in the next budget,
15:59when people's salaries will increase,
16:01when the private sector will increase by 10-15%,
16:03then people's budgets will be eased.
16:05This is how it happens.
16:07We are heading towards that direction.
16:09We are going towards the correction course.
16:11Now let's come to reforms.
16:13The private sector has not increased.
16:15I will come to that later.
16:17I will give you the data.
16:19Listen to me.
16:21You are an economist.
16:23Mr. Pasha and three other economists
16:25have written that the real wage loss
16:27has increased by 19-20%.
16:29If I had Rs. 30,000,
16:31then how much of it has decreased?
16:33I agree.
16:35Because 40% was expensive,
16:37so the salaries did not increase by 40%.
16:39But now we are heading towards the correction course.
16:41Will it increase by 25% now?
16:43No, it will not increase.
16:45If it increases by 10-15%,
16:47then people's budgets will be eased.
16:49We are heading towards that direction.
16:51We are going towards reforms.
16:53IT exports have increased by 35%
16:55compared to last year.
16:57Exports have increased by 10% overall.
16:59Your current account surplus is of Rs. 1.2 billion.
17:01We have to sustain this.
17:03The reforms that we are doing
17:05regarding exporters,
17:07we are going towards tariff reduction.
17:09We have to reduce it from 20% to 15%.
17:11Tax evasion on FBR has happened.
17:13We have to increase your tax base.
17:15We are heading in the direction
17:17of 30% tax collection.
17:19That is better.
17:21So, you should compare
17:23what happened a year ago
17:25and where we are today.
17:27Let me compare.
17:29There is a good news by Shabaz Rana.
17:31He says that the income tax payment
17:33for the salaried class
17:35has increased by Rs. 285 billion
17:37which is more than Rs. 100 billion
17:39compared to last year.
17:41This is how you are making money.
17:45Let me take a line on this.
17:47Until we do not increase
17:49tax evasion and tax base,
17:51the old policy of increasing tax rate
17:53What was the policy of Taj-e-Dos team?
17:55What was the policy of retailers?
17:57How much did they pay?
17:59The work is going on.
18:01It is going on. It will happen.
18:03It has happened with us.
18:05We will start reducing tax rate
18:07in the next tenure.
18:09The first relief will be
18:11for the salaried class.
18:13This is the solution.
18:15Overall, your FBR system
18:17will take time.
18:19The results will come.
18:21You were a finance minister.
18:23You lost your job
18:25when you tried to collect
18:27Rs. 200 from the shopkeepers.
18:29I am with you.
18:31Rs. 100.
18:33You lost your job.
18:35This is a total chill program.
18:37Retailers lost their jobs.
18:41The salaried class lost their jobs.
18:43They lost Rs. 100 billion.
18:45They are working hard.
18:47Let's come to the reality.
18:49They are saying to be patient.
18:51Everything will be fine.
18:53Where we see
18:55demonstration of will,
18:57we are not able to see.
18:59The salaried class is not getting help.
19:01Billing is being passed.
19:03Laws are being made.
19:05Taxation is in front of you.
19:07Genuinely,
19:09how will the government
19:11change the lives of the common man?
19:15Look,
19:17Mr. Shabaz Sharif does not have
19:19a mandate so he does not have
19:21moral authority.
19:23He does not want to reform.
19:25He has not even tried.
19:27It has been a year.
19:29PIA has failed.
19:31They are trying again.
19:33There is no talk of distribution companies.
19:35When they increased their
19:37budget by 22%,
19:39when you yourself are projecting
19:41that inflation will be 15%,
19:43then you know that
19:45it is the work of
19:47Mohammad Malik and
19:49Mifta Ismail,
19:51it is the work of the government.
19:53They increased their
19:55budget by 22%.
19:57They increased their
19:59PSDP expenditures by 64%.
20:01In Pakistan,
20:03700 billion rupees were
20:05allocated for MNAs and
20:07MPS schemes.
20:09150 cars were bought
20:11by the Sindh government
20:13for ACs.
20:15The Punjab government
20:17showed some efficiency
20:19and bought 75 cars.
20:21FBR was buying 1300 cars
20:23but Faisal Wada stopped them.
20:25I do not see
20:27them trying
20:29to reduce
20:31their expenses.
20:33We are being told
20:35to give more tax.
20:37It is true that
20:39they have taken
20:41100 billion rupees
20:43more tax than
20:45job seekers.
20:47In the first 7 months,
20:49there is a financial
20:51crisis.
20:53Sir,
20:55you can see
20:57how much money
20:59has been taken
21:01from the electricity bills.
21:03You can see
21:05how much
21:07disposable income
21:09has been reduced.
21:11The government's
21:13only objective
21:15is to stop
21:17Imran Khan's
21:19speech.
21:21If people
21:23do not get
21:25their income in 2021,
21:27they will be left behind.
21:29Before I go to Mr. Muzammil,
21:31I have one more question.
21:33Mr. Rana will answer your question.
21:35The 6.4
21:37that is being discussed
21:39and the 6.4
21:41that is being discussed
21:43and the 6.4
21:45that is being discussed
21:47and the 6.4
21:49and the 6.4
21:51and the 6.4
21:53and the 6.4
21:55and the 6.4
21:57and the 6.4
21:59and the 6.4
22:01and the 6.4
22:03and the 6.4
22:05and the 6.4
22:07and the 6.4
22:09and the 6.4
22:11and the 6.4
22:13and the 6.4
22:15and the 6.4
22:17Mr. Finance Minister,
22:19you said that the cycle of boom and bust was not tenable.
22:21Was the 6.4
22:23growth good
22:25or was the country in loss?
22:27First you give me the money, then I will go to Mr. Muzammil.
22:29First you give me the money, then I will go to Mr. Muzammil.
22:31First you give me the money, then I will go to Mr. Muzammil.
22:33First you gave me the money, then I will go to Mr. Muzammil.
22:35Who made him fall?
22:37Donald Loo, General Qamar Bajbe,
22:39PDM,
22:41PTA,
22:43who made them fall?
22:45There is a man called Paul Kapoor.
22:47He has written books against Pakistan.
22:49He has written books against Pakistan.
22:51May Allah forgive him.
22:53Anyway, more seriously,
22:55Non-sustainable growth was there.
22:57Non-sustainable growth was there.
22:59Non-sustainable growth was there.
23:016% in 2018.
23:03Until you don't do structural reforms in Pakistan,
23:05don't reduce the deficit of Wafaaq,
23:07don't reduce the NFC award,
23:09don't widespread the tax.
23:11Why was that growth not tenable?
23:13Why was that growth not tenable?
23:15Listen to me.
23:17Listen to me.
23:19I will say the last sentence,
23:21then Mr. Muzammil can speak.
23:23When you have so much current account deficit,
23:25and already you have so many loans,
23:27that you have to return 20-25 billion dollars to the world.
23:29that you have to return 20-25 billion dollars to the world.
23:3110-15 of them get re-rolled easily,
23:33but the rest have to be returned.
23:35So you have to take new loans.
23:37And after that,
23:39if you do 6% or 5% of GDP,
23:41current account deficit,
23:43even if it was 7.1% in 2007-08,
23:456% GDP in 2018,
23:47and 5.5% GDP in their time,
23:49when it becomes so much,
23:51there is no money.
23:53After that, the world also gets scared.
23:55So the world doesn't give you loans.
23:57So this is the problem.
23:59Pakistan should not have more than
24:011.5% of GDP current account deficit.
24:03This is prudent.
24:05And this was there in the beginning in Pakistan.
24:07If you do more than this,
24:09the world is not ready to finance you.
24:11Secondly, if you are installing machinery,
24:13are you increasing exports or not?
24:15If exports are not increasing,
24:17if exports are decreasing,
24:19if exports are the same,
24:21then these are big problems.
24:23So there are structural problems in Pakistan
24:25that this PDM government now needs to solve.
24:27Mr. Muzammil, we will talk about their government later.
24:29You tell me,
24:31Mifsa is neutral,
24:33PMLN has also left them.
24:35They are against this government.
24:37They say 6% of GDP was a bad growth.
24:39They say 6% of GDP was a bad growth.
24:41Look, sir,
24:43we are not discussing about 6%.
24:45No, no, it is necessary to study.
24:47Because this is a daily statement.
24:49No, no, it is not necessary.
24:51I am coming to your point.
24:53We are discussing how 6% came.
24:55If there are bumper crops in the country
24:57all the time,
24:59when the bumper crops come,
25:01your factories will run,
25:03food will be available in the country,
25:05then you will have to stop.
25:07Secondly, if you have 12% industrial growth,
25:09industrial growth is not a consumption growth.
25:11Industrial growth in the country
25:13would be becoming a street,
25:15garments would be made in the country,
25:17refrigerators would be made in the country.
25:19So the two big drivers of 6% were these.
25:21I gave you the answer in the first question
25:23that it was not a consumption-led
25:25or development-led growth.
25:27In 2018,
25:29before the development election,
25:31Mr. Mithra, who is our MP,
25:33you spent money in development
25:35and did import growth.
25:37The import growth in 2022
25:39was due to commodity price boom.
25:41It was due to commodity super cycle.
25:43We need to differentiate that.
25:45Now I want to give you
25:47one more point
25:49because the president of Turkey has also come.
25:51Look, for the past two and a half years,
25:53we have been talking openly.
25:55He left a while ago.
25:57No, no, you know,
25:59I am talking openly.
26:01What did the president of Turkey do?
26:03For the past two and a half years...
26:05Our president is here.
26:07Don't worry.
26:09So the president of Turkey has left?
26:11Yes.
26:13Okay, sir, listen to me.
26:15After every three months,
26:17a very big delegate comes.
26:1918, 20, 24.
26:21He comes on a plane.
26:23Last week, he came from the USA
26:25on which there was a refutation
26:27that he is not from our state.
26:29There are benefits and I don't know what else.
26:31In the end, Albaik chicken comes out.
26:33There is only one benefit of Albaik chicken.
26:35Just tell me this.
26:37So much progress has been made.
26:39How much foreign direct investment has come in two and a half years?
26:41Secondly, the stock market...
26:43I want to say one thing.
26:45Yes, tell me.
26:47This is out of turn.
26:49Give a chance to Ahsan.
26:51But I just want to say that
26:53this is wrong of you.
26:55Albaik is not coming.
26:57Let's take a break.
26:59After the break, let Mr. Rana respond.
27:01A lot of questions have been collected.
27:03Let's take a break.
27:15Welcome back to the show.
27:17A lot of questions have been collected.
27:19Hurry up.
27:21I want to bring two more things in the segment.
27:23First of all, FTI will also come.
27:25A lot of things will be finalized.
27:27But what is coming is remittances.
27:29Tell me one thing.
27:31Your deal with you,
27:33the privatization deal,
27:35where will you get the new deal from?
27:37I have noted the privatization.
27:39What is coming is remittances.
27:41Despite this, it is coming.
27:4325% in January and 32% overall increase.
27:45Despite this,
27:47all the PTI people on YouTube
27:49are shouting not to send money.
27:51And the same overseas Pakistanis
27:53are shouting not to send money.
27:55You are only agitating Muzammil.
27:57Let me give you an answer.
27:59We are working on right-sizing.
28:01We will reduce the size of the government.
28:03The bidding process of Air India
28:05has failed four times on privatization.
28:07Finally, it happened.
28:09We have had a setback.
28:11We admit it.
28:13But the process of re-bidding
28:15has been initiated again.
28:17Inshallah, we are hopeful
28:19that we will be successful in PIA.
28:21The process of hiring financial advisers
28:23is about to start.
28:25Tell me,
28:27when will the process start?
28:29I think the interest rates
28:31are coming down.
28:33When will the business activity
28:35trickle down?
28:37If we talk about GDP growth
28:39this year,
28:41the growth rate will be
28:43between 2.5% to 3.5%.
28:45It will be better next year.
28:47As I told you earlier,
28:49we are moving in the right direction.
28:51All indicators are positive.
28:53Reform is taking place
28:55in every sector.
28:57Inshallah, it will bear fruit.
28:59Mr. Mirza,
29:01Inshallah,
29:03I stand by FPR's
29:05thousand cars.
29:07We have analysed
29:09the federal boards
29:11and the revenue collecting bodies.
29:13They are spending 2% of their collection.
29:15We are not spending even 0.5%
29:17on FPR.
29:19If we don't give
29:21infrastructure to FPR...
29:23The finance minister of those countries
29:25doesn't even tell us
29:27that 700-800 billion rupees
29:29has been spent by the department.
29:31When we give examples of countries,
29:33they compare everything.
29:35We are doing it overall.
29:37We are eliminating corrupt elements.
29:39We are digitizing.
29:41We are renewing Paral.
29:43We have done faceless assessment.
29:45We are providing
29:47infrastructure to FPR.
29:49We are giving them arms and legs
29:51to reduce tax collection and evasion.
29:53Mr. Mirza,
29:55why are you getting impatient?
29:57Inshallah, everything will be fine.
29:59What's your problem?
30:01I request...
30:03Ehsan is like a younger brother to me.
30:05He is my boss.
30:07He is my younger brother.
30:09Okay.
30:11He said that
30:13it was a good idea to give
30:15vehicles to FPR.
30:17Why didn't you do it?
30:19You got scared of Faisal Wada.
30:21He is a senator.
30:23He is not even from your party.
30:25You got scared of him.
30:27Kabir has decided.
30:29I think he is a good man.
30:31Kabir has decided.
30:33Faisal Wada has objected.
30:35He has withdrawn.
30:37He is upset.
30:39He is a good man.
30:41No.
30:43Faisal Wada is not in his party.
30:45We don't say anything bad about him.
30:47He has tweeted once.
30:49He has withdrawn.
30:51We are buying the cars.
30:53Okay.
30:55Now listen to my second request.
30:57Sir,
30:59I still don't know
31:01which reforms have been done.
31:03I still know that
31:0522% of the exports have been increased.
31:07I know that my tax has been increased.
31:09I know that
31:11we have imposed taxes on exporters
31:13and now we have imposed super tax
31:15that if you export more
31:17we will take more tax from you.
31:19We have done this in Pakistan.
31:21We are selling the most expensive electricity
31:23in this region.
31:25We are selling the most expensive gas
31:27in this region.
31:29There is no reason that our electricity
31:31is better than others.
31:33Okay, I will come to IMF.
31:35IMF chief has said that
31:37we can talk about electricity tariffs.
31:39So that is a good positive development.
31:41Sir,
31:43we can talk about it.
31:45We have done the expenses immediately.
31:47We have increased the taxes immediately.
31:49We will do the reforms.
31:51They have done one reform
31:53that they will not keep
31:55Naib Qasid or Driver
31:57and they will out the contract.
31:59Do you know when will they do it?
32:01When he will retire.
32:03The 30 year old boy
32:05who is working there
32:07will retire at the age of 60
32:09and then we will do the reforms.
32:11Junaid Sardar would have become
32:13the Prime Minister by now.
32:15So,
32:17when will you do the reforms?
32:19Now,
32:21they delay such things.
32:23They don't have much time.
32:25You see,
32:27if 8 out of 10 children
32:29are not studying,
32:3180 lakh children are being born.
32:33We are discussing that
32:3520 lakh people come to work.
32:37No, not 20 lakh.
32:39Now, 30 lakh people join the labour force
32:41because the population is increasing.
32:43The figure of 20 years is 5-6 years old.
32:45Now, you need 6% growth
32:47to give jobs to 30 lakh people.
32:49You cannot grow and you are not doing it right
32:51because you have not done the reforms.
32:53But you are not doing the reforms.
32:55Why are you not reducing the expenses?
32:57They didn't know that there is a 50 billion hole
32:59in the PIA that it will not be privatized.
33:01They knew this but still they didn't do it.
33:03Now, the soldiers are calling from behind
33:05and making people do the privatization.
33:07They can't do a single penny.
33:09Mr. Zameel,
33:11your people have not even reduced
33:13the remittances.
33:15I have a serious doubt
33:17on all your things.
33:19Tell me, they have hurt you.
33:21They have said that
33:23our remittances have increased
33:25by 20%.
33:27In January,
33:29the remittances increased by 25%.
33:31You were getting it boycotted.
33:33Sir, I will answer your question.
33:35But before that,
33:37I want to say three important things.
33:39Mr. Rana said that we are reducing corruption.
33:41Corruption perception index has come
33:43and it is at an all-time high.
33:45So, what are they doing?
33:47In that, we have gone two levels down.
33:49Listen to me quickly.
33:51Wait for a minute.
33:53After this,
33:55Mr. Rana will talk about all the problems.
33:57The world's easiest visas
33:59like Dubai,
34:01Saudi Arabia,
34:03have all been shut down.
34:05Professionals are not getting them.
34:07Big businessmen's visas are being rejected.
34:09So, in the future,
34:11if they say that the remittances
34:13will increase,
34:15then what will happen?
34:17Mr. Zameel, I have a complaint against you.
34:19Because of you,
34:21I have a complaint against you.
34:23Then, they are saying that they are reforming the industry.
34:25The gas price that they have capped,
34:27and whatever they have capped,
34:29listen to them,
34:31all the factories, 40% of the factories have been shut down.
34:33They are talking about the IMF chief.
34:35You are praising the IMF chief on one side,
34:37and on the other side,
34:39you are saying that he has come
34:41and attacked our freedom.
34:43First, complete your confusion.
34:45The last thing is the Champions Trophy
34:47is being held in your country.
34:49Tourism from all over the world
34:51is coming to that country.
34:53Have you seen anyone so far?
34:55I have heard that half of the team
34:57from Australia is not coming here.
34:59So, this is the situation.
35:01Now, we are talking about remittances.
35:03I have said that we have boycotted.
35:05I say that it is a successful call so far.
35:07You see that from today,
35:09in 2022, 90 lakh Pakistanis
35:11were abroad, and 3 crore remittances,
35:133 billion dollars per month.
35:15This spin is not working.
35:17This spin is not working.
35:19No, no.
35:21Give me another reason.
35:23Muzaffar, I am very fond of you.
35:25For God's sake, this is a bad spin.
35:27Get a better spin.
35:29I am talking about the headcount.
35:31The headcount is 1 crore 20 lakhs.
35:33And when it was 90 lakhs,
35:35it was 3 billion dollars.
35:37On the basis of headcount,
35:39they should have raised 4 billion dollars.
35:41Why is it not coming?
35:43It is a loss of 1 billion dollars.
35:45What do you say?
35:47That is a very simple answer.
35:49I want to make a quick disclaimer.
35:51Then I have to come to Rana.
35:53Listen to me.
35:55Look, I will tell you.
35:57The overseas Pakistanis who send money,
35:59they do not send it for Pakistan.
36:01I am sorry to say this.
36:03They send it for their families.
36:05They send it for their mother and children.
36:07No one will starve their children.
36:09No one will starve their mother.
36:11So, Mr. Khan's statement was wrong.
36:13And by the grace of Allah,
36:15no one was harmed in the call.
36:17Let me criticize the government.
36:19The fact that you got a mid-level staffer
36:21from the Chief Justice of the IMF,
36:23was very wrong.
36:25You should not have got him.
36:27If you had to get him,
36:29you should have got him from the
36:31Registrar of the Supreme Court.
36:33Attorney General should have met him.
36:35Attorney General should have met him.
36:37Law Minister should have met him.
36:39Secretary should have met him.
36:41Let's come back to the economy.
36:43I am asking him.
36:45He is saying that whatever has to be done,
36:47should be done immediately.
36:49Expansion has to be done.
36:51Whatever has to be done,
36:53will be done.
36:55He is asking which reforms have you done?
36:57Which are the structural reforms?
36:59It has been a year.
37:01Someone must have fired a gun.
37:03What gun did he fire?
37:05Why are you laughing?
37:07We have just finished two ministries.
37:09Aviation Ministry.
37:11I am just making you laugh.
37:13We have just finished two ministries.
37:15Aviation Ministry.
37:17I am just making you laugh.
37:19We have just finished two ministries.
37:21All the reforms have been implemented.
37:23Let me tell you.
37:25Board of Investment has launched
37:27100 reforms of the
37:29regulatory framework.
37:31100 reforms of the regulatory framework.
37:33We have taken three sectors.
37:35Pharmaceutical, Medical equipment,
37:37Agriculture and Logistics.
37:39100 reforms of that.
37:41When agriculture has dropped so much,
37:43it means you will get more
37:45import and export bills.
37:47For example,
37:49your textile is your main earner.
37:51All your equations will be ruined because of this.
37:53There is 10% growth in textile.
37:55There is 10% growth in textile.
37:57There is 10% increase in overall exports.
37:59There is 10% increase in overall exports.
38:01Let me tell you.
38:03A common man asks.
38:05Do you ever feel guilty?
38:0740-41%.
38:0910 crore people don't know
38:11where their next meal will come from.
38:13100 crore.
38:151 crore people have been added.
38:17They have increased their salaries
38:19by 5-4 lakhs.
38:21There is no poor man in the parliament.
38:23I don't buy that story.
38:25Some are middle class.
38:27Everyone has a car worth 6-5 crores.
38:29There is no MPA, MNA, Senator
38:31who is either very rich or rich.
38:33There is no middle class.
38:35There used to be an MQM.
38:37They also have properties.
38:39There is no poor among them.
38:41Do you ever feel guilty
38:43to increase your salary by 5-5 lakhs?
38:45Do you ever feel guilty?
38:47I don't take salary.
38:49I don't take salary.
38:51But I understand.
38:53PTI people also give speeches.
38:55They are also taking full salary.
38:57Salary has been frozen for a long time.
38:59No one has increased their salary.
39:01No one has increased their salary.
39:03After a long time,
39:05this increase has been adjusted.
39:07People are middle class.
39:09There are MPAs and MNAs.
39:11Name me 5 people
39:13who are middle class.
39:15Name me 5 people
39:17who are middle class.
39:19Why should I label someone
39:21from middle class?
39:23Why should I name?
39:25I will salute them.
39:27Sir, majority of people
39:29have agitated.
39:31Our families can't afford it.
39:33It's not reasonable.
39:35It has been adjusted.
39:37Politics is not charity.
39:39Sir, you are wrong.
39:41I am always wrong.
39:43What have you done now?
39:45Sir, listen to me.
39:47Sir, not only did they
39:49have to spend on the campaign,
39:51but how much money did they give
39:53to become MNAs?
39:55Do you know the rate?
39:57You have become poor.
39:59Let's end this segment.
40:01Let's talk about
40:03Inshallah.
40:05As Mr. Rana said,
40:07Inshallah will happen.
40:09In the meantime,
40:11let's hope Inshallah
40:13will be blessed
40:15and we can say Mashallah.
40:17Let's take a break.
40:23Welcome back.
40:53Welcome back.
40:55Welcome back.
40:57Welcome back.
40:59Welcome back.
41:01Welcome back.
41:03Welcome back.
41:05Welcome back.
41:07Welcome back.
41:09Welcome back.
41:11Welcome back.
41:13Welcome back.
41:15Welcome back.
41:17Welcome back.
41:19Welcome back.
41:21Welcome back.
41:23Welcome back.
41:25Welcome back.
41:27Welcome back.
41:29Welcome back.
41:31Welcome back.
41:33Welcome back.
41:35Welcome back.
41:37Welcome back.
41:39Welcome back.
41:41Welcome back.
41:43Welcome back.
41:45Welcome back.
41:47Welcome back.