GEONEWS — broadcast
20260920 060000 UTC
212 transcript segments
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[00:00:05] To talk about the economy
[00:00:22] especially the public,
[00:01:02] Iranian Foreign Ministry Spokesperson Ismail Baqai has said that the Pakistani Interior Minister's
[00:01:05] visit to Tehran will focus only on bilateral relations.
[00:01:09] He is not aware of any US message regarding the Pakistani Interior Minister's visit
[00:01:12] to Iran. The head of Iran's National Security Council,
[00:01:16] Mohsen Razai, has said that Iran has presented
[00:01:19] if its conditions to the US through Qatar to end the war, and is awaiting President Trump's
[00:01:23] response. The conditions include an end to the war on all fronts, the
[00:01:27] release of frozen assets, and necessities.
[00:02:30] We will review this matter under the defense agreement with Pakistan. Regarding the Houthi
[00:02:33] attacks, the Turkish Foreign Minister said that proposals have been sent to
[00:02:37] all parties to end the war. Involving Saudi Arabia in the US-Iranian
[00:02:41] war is unacceptable. They do not want to be part of this
[00:02:45] conflict. The current Middle East crisis has become economically
[00:02:49] unbearable. The admission test for medical
[00:02:52] and dental colleges, MDCAT
[00:02:54] 2026,
[00:03:03] was conducted in 34 cities across the country and one international
[00:03:06] center in Riyadh. A total of over 138,000
[00:03:10] candidates are participating across the country. In Karachi, many
[00:03:14] students fell ill due to the heat and humidity. Several fans
[00:03:17] in the examination center were out
[00:03:19] protein. Sikis, a of order. Candidates were distressed by the intense heat and humidity.
[00:03:23] In Sukkur, the Vice Chancellor of IBA Sukkur fainted during
[00:03:26] the MDCAT. The case of the suicide bombing
[00:03:37] at Kohat Old Police Lines was registered at CTD police station
[00:03:41] against unknown terrorists. Several sections including terrorism,
[00:03:45] murder, and attempted murder were included. According to the FIR,
[00:03:48] terrorists of Fitna Al-Khawarij carried out a suicide attack
[00:03:51] with a vehicle full of explosives. After the blast, the terrorists
[00:03:55] opened fire. 23 people were martyred and a large number were injured
[00:03:59] in the attack. According to security sources, all seven militants involved
[00:04:01] in the blast were killed.
[00:04:07] that the journey we are Federal Interior Minister Mohsin Naqvi
[00:04:10] visited the residence of martyred Captain Hamza Akram, met with
[00:04:13] the martyr's father and brother, and expressed sympathy and condolences.
[00:04:17] Mohsin Naqvi said that Captain Hamza Akram set an example of
[00:04:21] bravery by killing seven terrorists. The extraordinary courage and high
[00:04:25] spirit of Shaheed Hamza Akram is the true strength of the nation.
[00:04:28] Captain Hamza's father said that
[00:05:05] is that whatever problems
[00:08:20] Gaza is catastrophic and
[00:08:22] unjustifiable and disproportionate, our heart has
[00:08:26] been broken by the scale of devastation and loss of
[00:08:30] civilians lives, children's
[00:08:32] lives.
[00:08:42] It is devastating and unjustified. I also apologized for the decision
[00:08:45] to separate Michael Moore. Pro-Palestinian protest outside a concert in
[00:08:49] Philadelphia. Ed Sheeran had separated Michael Moore from the tour
[00:08:52] for chanting "Free Palestine." The celebrations of Baba Grunuk's
[00:09:05] birthday began in Kartarpur. Pilgrims from all over the country
[00:09:09] and the world are arriving. Federal Finance Minister Senator Muhammad
[00:10:27] Aurangzeb is talking to the media.
[00:10:30] and the related matters.
[00:10:34] Alhamdulillah. This journey of ours
[00:10:38] is moving from economic stability to economic development.
[00:10:40] I will give you only three or four
[00:10:44] facts now.
[00:10:48] Last year,
[00:10:51] obviously our revenues have increased, and
[00:11:26] we have also made full efforts, and will continue to do so,
[00:11:28] to reduce our expenditures. Both have contributed to bring
[00:11:32] down the size of that deficit. Similarly, our
[00:11:35] current account performance was
[00:11:38] surplus last to last year.
[00:11:42] It came to surplus after
[00:11:46] 14 years. Last year, we were
[00:11:49] virtually square.
[00:11:52] And in the last two months,
[00:13:55] five public
[00:13:58] offerings have taken place. These are all those companies
[00:14:02] that are trying to expand their business, and will do so.
[00:14:05] And that's why they are raising equity. Or they are setting up
[00:14:09] new units. So these are all
[00:14:12] the reasons
[00:14:16] why I am very optimistic, Inshallah, that this journey
[00:14:20] of our economic development will
[00:14:23] continue. Now I want to focus
[00:14:27] on some of the headwinds or difficulties we face.
[00:14:30] As you have seen, the current conflict
[00:14:34] in the Middle East and the Gulf,
[00:14:38] unfortunately, has
[00:14:41] seen some changes. And
[00:14:43] as you well know, our Prime Minister,
[00:14:47] Chief of Defense Forces, they are
[00:14:51] making full efforts. We talk about
[00:16:38] strikes, we talk about sit-ins. So
[00:16:41] ladies and gentlemen, I will only say that this
[00:16:45] will be self-inflicted pain. For some days,
[00:16:49] we have worked a lot with a wing of our Planning
[00:16:52] Commission on this to see what would happen
[00:16:57] this journey of economic stability that we have started
[00:17:01] with great effort, difficult decisions,
[00:17:04] and continuous efforts,
[00:17:08] this journey of economic stability towards economic development,
[00:17:12] if there are any protests,
[00:17:15] sit-ins, road closures,
[00:17:17] and business closures
[00:17:20] that hinder economic activities,
[00:17:24] what will be the results? So we looked
[00:17:28] at the past experience and also the current situation,
[00:17:31] and the estimate we
[00:17:34] made is that
[00:19:42] if these economic activities are disrupted, similarly,
[00:19:45] if we proceed in this direction,
[00:19:49] I don't want to talk about expenditure
[00:19:52] because, God willing, our
[00:19:56] situation will improve, and we all will sit
[00:20:00] together and this situation will not arise. But
[00:20:03] when we look at the previous occasions,
[00:20:06] the
[00:20:50] amount is 32.9
[00:20:54] billion dollars. A six percent increase is expected,
[00:20:58] and if I look at the first two months,
[00:21:02] Inshallah, its daily
[00:21:05] volume is approximately 90 million dollars. Now
[00:21:09] if you remember, there was a strike
[00:21:11] last December that took us a whole
[00:21:15] month and a half to recover. And
[00:21:19] especially our growth
[00:21:50] trajectory, how much loss it causes.
[00:21:54] As I mentioned,
[00:21:56] the situation in the Gulf at this time,
[00:22:00] the Strait of Hormuz and Bab al-Mandab,
[00:22:03] due to this, the burden on our
[00:22:07] exporters, ladies and gentlemen,
[00:22:10] and our businessmen is immense. If these strikes
[00:22:14] also come up, then our entire
[00:22:17] country will suffer
[00:22:20] a lot. Now let's talk about IT exports. As I
[00:22:24] mentioned, 4.6 billion dollars, Inshallah
[00:22:27] 5.5 billion dollars. If I look
[00:22:30] at the numbers for July and August,
[00:22:33] our IT exports have been 811
[00:22:37] million dollars in the first two
[00:22:40] months, which is approximately
[00:22:44] 13 million dollars daily.
[00:22:47] And
[00:22:51] if we have this kind of, as I mentioned,
[00:22:55] civil disobedience, or if we go
[00:22:58] towards long marches,
[00:23:02] and if connectivity disruption comes,
[00:23:05] and other problems arise,
[00:23:09] then in the worst case scenario, previously
[00:23:12] our exports were affected
[00:23:16] by approximately 80%. Now back
[00:24:50] on track. So
[00:24:52] I will just say that it is our collective responsibility
[00:24:57] on now, from economic stability to economic
[00:25:01] development, towards exports,
[00:25:04] towards investment. When we talk about investment,
[00:25:07] I will also tell you that
[00:25:10] the number that
[00:25:12] came in August is
[00:25:16] a very large delta. they come, but we have seen
[00:25:50] the beginning of it. So my request
[00:25:55] we have, we should sit
[00:25:59] together and resolve them with each other.
[00:26:03] And this pain we are talking
[00:26:05] about,
[00:26:07] as the Finance
[00:26:10] Minister, it was and is
[00:26:13] my duty
[00:26:15] to share
[00:26:18] the facts and figures and the possible downside
[00:26:21] with everyone,
[00:26:25] so that our economic journey
[00:26:29] continues in this way.
[00:26:32] Pakistan Zindabad.
[00:26:36] Federal Finance Minister Senator Muhammad
[00:26:38] Aurangzeb.
[00:26:40] Federal Finance and Revenue Minister Senator Muhammad
[00:26:44] Aurangzeb was talking to the media.
[00:26:48] We tell you, the Federal Finance Minister said
[00:26:51] that our foreign exchange reserves are at an all-time high.
[00:26:55] The fiscal deficit is at a 22-year low. The current
[00:26:58] account deficit ended after 14 years last year.
[00:27:32] Muhammad Aurangzeb said that there is a fear that the journey
[00:27:36] of development will stop due to sit-ins and protests. The impact
[00:27:39] of the loss from sit-ins and protests will fall on the poor
[00:27:53] people. Here is the news for you. Imran Khan's medical examination
[00:27:56] has been completed in Rawalpindi's Adiala Jail. According to jail
[00:28:00] sources, the special medical team that came to Adiala Jail has
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[00:30:33] Tune into jio news, your window to Pakistan.