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20261012 230000 UTC
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[00:00:01] of
[00:00:15] Hello
[00:00:16] of in a way warm welcome to pakistan tv, i am fizah sajawel with the top stories
[00:00:19] of the
[00:00:19] server.
[00:00:35] of Deputy prime
[00:00:39] minister and foreign minister Isaaktar says Pakistan is committed to the complete
[00:00:43] elimination of terrorism and demands Afghan Taliban regime to stop all support
[00:00:47] to terrorist. Addressing a counter terrorism conference as
[00:00:50] stresses that attacks originating from Afghan soil must
[00:00:53] end and world must acknowledge Pakistan
[00:00:56] sacrifices.
[00:01:03] Federal minister of information and broadcasting says Pakistan is
[00:01:06] facing the major challenge of terrorism and extremism. Addressing a conference on
[00:01:10] counter terrorism, the minister said thousands of terrorists are living in safe heavens
[00:01:14] on Afghan
[00:01:15] soil.
[00:01:26] Ministry of information and broadcasting rejects the Afghan Taliban. regime's rhetoric
[00:01:30] and diversion over the well documented terrorist threat teminating from
[00:01:34] Afghanistan reaffirms Pakistan's commitment to dialogue and urges
[00:01:38] the regime to honor its counter terrorism commitments and take
[00:01:41] verifiable action against terrorist sanctuaries and support
[00:01:44] networks.
[00:01:50] chief
[00:01:50] of the joint chief staff of Brazil's armed forces admiral Renata Drotra
[00:01:53] Keger February calls and Marshall
[00:01:56] of seminar at GHQ to discuss
[00:01:58] of regional security and enhance. defense
[00:02:00] cooperation.
[00:02:06] Oman's foreign
[00:02:07] of minister will visit Pakistan today for the
[00:02:09] of eighth session
[00:02:10] of the Pakistan Omand joint ministerial commission at the invitation of Deputy Prime
[00:02:13] Minister
[00:02:17] of Isar.
[00:02:22] The Pakistani National is killed in 11 others are wounded in a fresh militia
[00:02:26] strike on
[00:02:26] in Riad
[00:02:27] of International Airport marking the second attack on the Saudi C airport in two
[00:02:31] of days,
[00:02:38] the yemeny
[00:02:38] of army carries out series of
[00:02:40] of air strikes against two the militia positions in the southwestern province of Thais emit
[00:02:44] escalating military
[00:02:48] in of tensions.
[00:02:52] Saudi Arabia extends the shatan of Raad airport following heuti attacks while the
[00:02:56] energy minister
[00:02:57] of calls for serious response amit rising security concern.
[00:03:00] of of
[00:03:14] Iran is reviewing Washington's response to its hormost proposal saying reopening
[00:03:18] the straight and restoring security must see his diplomatic contacts
[00:03:22] continue through
[00:03:23] of mediators.
[00:03:34] At least six people have been killed and nine others injured in separate Russian strikes in
[00:03:38] Ukraine raising fresh concerns about the effectiveness of an energy cease
[00:03:42] fire announced by US President Donald
[00:03:44] Trump.
[00:03:52] in of Pakistan to face Sri Lanka today in
[00:03:55] the third and final T20 International at Ravelpinty cricket stadium with host holding an
[00:03:58] unassailable tunnel. lead in the
[00:04:00] of three match series. PTV sports will telecast the match
[00:04:03] live.
[00:04:11] of
[00:04:21] Now for the details, deputy prime minister and foreign minister senator
[00:04:24] Mohammad has
[00:04:25] of said that Pakistan has written story of everlasting sacrifices in the war
[00:04:29] on terror. offering more than 90 thousand lives and suffering severe
[00:04:33] damage to its economy, addressing a conference
[00:04:35] of the changing landscape of counter terrorism in Islamabad,
[00:04:38] the deputy prime minister said that Pakistan face terrorism with courage,
[00:04:42] bravery and resilience, he said the directive
[00:04:44] of the field marshall saya seminar, operations against terrorists are being
[00:04:48] conducted daily in every province has to play its role. Speaking about
[00:04:51] Afghanistan, Isakar said Pakistan has only one demand that Afghan
[00:04:55] territory not to be used for terrorism. He said Pakistan has continued to
[00:04:59] press Afghan regime and his visited Afghanistan for talks. Deputy Prime
[00:05:03] Minister Isar said a trilateral meeting of Pakistan, China and Afghanistan
[00:05:07] was held in Kabul in August 2025, but the Afghan authorities did not
[00:05:11] fulfill their commitments. He also said that presence the band TTP
[00:05:15] and other terrorist groups in Afghanistan is a threat to regional peace and that
[00:05:18] terrorists infiltrate across the border to attacks soldiers and citizens. The
[00:05:22] deputy prime minister said terrorism from Afghanistan soil is not acceptable
[00:05:26] under any circumstances in the Afghan Taliban regime must immediately stop
[00:05:30] all support to terrorists including weapons. He reaffirmed that Pakistan is committed
[00:05:34] to the complete elimination of
[00:05:35] terrorism.
[00:05:41] Federal Minister for Information and Broadcasting has said that Pakistan is
[00:05:44] facing the major challenge of terrorism and extremism addressing a conference the changing
[00:05:48] landscape of counter terrorism, he said Pakistan made the greatest sacrifices in
[00:05:52] the war on terror and suffered economic losses of more than 100 billion
[00:05:56] dollars. The minister said Pakistan made the world safer by fighting the war
[00:06:00] against terrorism. He added that Pakistan played the role of mediator between the
[00:06:04] United States and Iran and made a full contribution to establishing peace in the
[00:06:07] region. Speaking about Afghanistan, Tharor said a peaceful and stable
[00:06:11] Afghanistan is an interest of both Pakistan in the white region. Federal
[00:06:15] Minister said Pakistan has repeatedly asked the Afghan regime on
[00:06:19] various forms to play its role in eliminating terrorism. Is that Pakistan
[00:06:23] hosted four million Afghans of 40 years, adding that the world is a witness to the
[00:06:26] country's hospitality and love for Afghan refugees. The minister claimed that
[00:06:30] more than 20,000 terrorists are present in Afghanistan, including over
[00:06:34] 6000 TTB militants who have taken refuge there. He
[00:06:37] said these terrorists are living in safe heavens on Afghan soil and receiving all kinds
[00:06:41] of trading. Thara said Pakistan wants to end an extremism in
[00:06:45] militancy in Afghanistan and also said that the people of Pakhtunkha are
[00:06:49] patriots.
[00:06:54] That's it for the moment. For more details in live streaming, log to our website,
[00:06:58] Pakistantv.com, have a great
[00:07:00] day.
[00:07:48] From the heart of South Asia to the cross roads of central Asia from the turbulent middle east and North Africa
[00:07:52] to the park corridos the west where narratives collide, perspectives matter and stories
[00:07:55] connect. This is beyond borders in Omar Khalid, but during the course the show as is the
[00:07:59] norm will take you into a world which we consider without borders or boundaries and discuss
[00:08:03] issues stories that are pertinent rather in this changing 21st century
[00:08:07] scenario. We'll begin with the top stories the day or as we call them region
[00:08:11] lines.
[00:08:16] We start from the middle east where Saudi Arabia is facing renewed hoothi attacks with deadly
[00:08:20] strikes targeting King Khalid international airport in Riyadh causing civilian
[00:08:23] casualties and injuring hundreds. The latest attack marks the second
[00:08:27] strike on the Saudi Capitals international airport in two days.
[00:08:30] Meanwhile, the R4 group comprising Pakistan, the Kingdom of Saudi Arabia,
[00:08:34] Egypt and Turkey strongly condemn Houti attacks on the kingdom of Saudi
[00:08:38] Arabia, including strikes on King Khalid International Airport that have caused civilian
[00:08:42] casuality. and has damaged
[00:08:43] infrastructure.
[00:08:48] Moving on, the United Nations's development programs that developing countries face a
[00:08:52] triple economic shock from sowering energy prices, extreme elnino weather
[00:08:56] and rising borrowing costs, which could push millions back into
[00:08:59] poverty. UNDP chief Alexander the crew urges
[00:09:03] urgent international support warning that mounting debt is leaving developing
[00:09:07] countries with fewer resources to protect a vulnerable
[00:09:10] people.
[00:09:17] and finally, security forces kill a terrorist in intelligence based operation in bannu under
[00:09:21] the azme istahkam vision. addressing a counter terrorism conference, deputy
[00:09:25] prime minister reiterates pakistan's commitment to eliminating terrorism,
[00:09:29] urging the afghan taliban regime to end support for
[00:09:31] terrorists.
[00:09:39] we begin with the middle east and north Africa. where Saudi
[00:09:43] Arabia is facing a dangerous escalation has repeated hoothi attacks,
[00:09:47] target civilian airports. Saturday strike on King Khalid international airport in
[00:09:50] Riyadh has killed at least 13 people and has injured more than
[00:09:54] 300 others. Another attack on Sunday killed a Pakistani resident
[00:09:58] and wounded 11 others. Passengers including pilgrims have been caught
[00:10:02] in the violence while airport operations remain suspended.
[00:10:06] Pakistan, the kingdom of Saudi Arabia, Egypt and Turkey have all jointly
[00:10:10] condemned the attacks demanding the immediate hold. and have back the kingdom's right to
[00:10:13] protect its people and sovereinity. President Donald Trump is considering joining
[00:10:17] Saudi strikes against the hoothies while it's not show for the moment, but Britain
[00:10:21] is also examining additional support. Iran meanwhile has offered to facilitate
[00:10:25] dialogue with international flights disrupted and vital shipping routes
[00:10:29] under threat, how can Saudi Arabia and its partners stop these attacks, protect
[00:10:33] civilians and restore regional stability. to discuss that and
[00:10:37] more, we have been joined by Fatima Abulas
[00:10:40] rather who is a Yemani policy analyst and non-resident fellow at the Arab Gulf
[00:10:44] States institute. Thank you very much to have
[00:10:48] joined us Fatima Abu Asrar. I am
[00:10:52] really sorry I am having difficulty pronouncing your name.
[00:10:55] but thank you very much to have accepted our request to join the show because it was important to
[00:10:59] discuss this from yemini perspective. now by
[00:11:03] attacking riyadh and aba airports, killing civilians, not
[00:11:06] once but more than once and endangering pilgrims, what in your
[00:11:10] point of you, fatima are the hoot is trying to achieve and how in
[00:11:14] your point of view can they ever justify such
[00:11:16] attacks? once
[00:11:20] again, thanks for having me, um,
[00:11:23] howt is have pursued this? strategy for very long
[00:11:26] time, for over decade, whenever they feel
[00:11:30] that they want to have any type of gains on the ground in
[00:11:34] Yemen, they immediately turn to
[00:11:37] threatening Saudis because they back theiny
[00:11:41] government of Yemen, the international Yemen government of Yemen. Huty's
[00:11:44] ultimate objective is to dominate the entire country, but
[00:11:48] also to position themselves in Babel Mandab
[00:11:52] to secure that, because it gives... them leverage, it
[00:11:56] gives rather, it gives
[00:11:59] the Tehran leverage over another choke point, that
[00:12:03] way both hormos and Babelmandab would
[00:12:06] be under the direct control
[00:12:10] of Iran through the hoousies,
[00:12:13] so in in this instance
[00:12:16] because the government
[00:12:19] conducted a counter offensive with the backing of
[00:12:23] Saudi Arabia to take back.
[00:12:24] straight, which the
[00:12:28] his took over in
[00:12:30] September, that sort of was
[00:12:34] was one the catalysts to this issue, but I also think that there's
[00:12:38] a there's a broader argument also to be made in terms
[00:12:42] the regional level and escalation is
[00:12:46] that the the Islamic Republic regime
[00:12:50] in Iran doesn't doesn't want to
[00:12:54] suffer more... economic costs because the war that Washington
[00:12:57] has imposed
[00:12:59] on on Iran and it's it's lashing out in the same way that it
[00:13:02] lashed out at the beginning the conflict through imposing more costs
[00:13:06] on the region and the his are one way to impose these
[00:13:10] costs so I think that's that's sort of like the picture
[00:13:14] inside the picture so they launched the ballistic
[00:13:17] missiles to
[00:13:21] Saudi infrastructure through the His in order.
[00:13:25] to manufacture that kind of political leverage that you
[00:13:28] need. all right, fatima, also like to understand two more
[00:13:32] things. despite earlier military campaigns, huties do
[00:13:36] retain as per the reports long rage missiles as as well as drones that they have
[00:13:40] used as well. what immediate support in your point you you
[00:13:44] would help the kingdom of Saudi Arabia protects its airports and stop
[00:13:48] further attacks from the hootis also a fighting continuing
[00:13:51] around Mokha and Iran ' offering
[00:13:55] dialogue at the same time because you did talk about Iran and Iran has
[00:13:59] supposedly offered a dialogue to end this conflict, what
[00:14:03] would make diplomacy credible in order to move in the
[00:14:07] right direction, because we have seen in the previous times whenever there has been a
[00:14:11] negotiated settlement, it has not
[00:14:13] ended feasibly, let's say that with all
[00:14:17] the partners secure, how can secure and
[00:14:20] immediate hall to attacks happen while protecting civilians
[00:14:24] both? both in the kingdom of Saudi Arabia and in
[00:14:26] Yemen. So to answer
[00:14:30] your first question, in terms of how can the kingdom
[00:14:34] protect itself and what can be done, because
[00:14:37] intercept interceptors and and patriot batteries
[00:14:41] can handle incoming salvos, but they do not solve the
[00:14:45] problem at the source, and I think Saudi Arabia
[00:14:49] has had enough and it wants to solve the problem at the
[00:14:53] source, so this means means um three
[00:14:56] things, it means that you have to have real time
[00:14:59] intelligence um in order to be able to
[00:15:03] track the launchers that the his
[00:15:06] use, even to track
[00:15:09] the the assembly sites before they launch, and the second
[00:15:13] is to cut off the Iranian maritime
[00:15:16] supply and smuggling networks in the Gulf of
[00:15:20] Aiden and in the Red Sea, that's extremely
[00:15:23] important because supply missile
[00:15:27] guidance packages and and drone components, and we have seen
[00:15:31] interception for that by Yemani government and Sencom
[00:15:34] and there needs to be stricter. measures
[00:15:38] enforced as well, and the third is is direct support
[00:15:42] also for Yemen government forces that are
[00:15:45] working to roll back the hithi advances and
[00:15:49] ensure that they're not also terrorizing the people inside. A
[00:15:53] key component thehi strategy is
[00:15:56] ensuring that the people of Yemen themselves are
[00:16:00] encircled, are blocated, as we are seeing currently in the
[00:16:04] city of tas which sits across from Babel manda.
[00:16:08] and up in the highland of course,
[00:16:11] and it's still strategically very important, but it has three
[00:16:15] million people in the governorate and 1.5 million
[00:16:18] people inside the city who are
[00:16:22] resisting thehies, so that that's
[00:16:26] that's quite important on that front. um, your second
[00:16:29] question about diplomatic um
[00:16:32] initiative, you're right to point that they have
[00:16:36] been continuing. failing, they
[00:16:39] need to be conducted in good faith. can an agreement
[00:16:43] happen? of course an agreement can happen, but the question is, what is
[00:16:47] the price? in my opinion, any immediate agreement
[00:16:51] on the short term is going to be a
[00:16:53] compromise, the saudis
[00:16:57] might be able to give thehis and
[00:16:59] iran one or two
[00:17:03] of what they're asking, one, whatever they're asking for, but
[00:17:08] um ultimately the saudi kingdom ends up paying the price for this and then the
[00:17:12] region and the red sea security and global shipping,
[00:17:16] because the his in Iran have shown that they don't
[00:17:19] have the appetite
[00:17:22] for continuous deescalation, whatever
[00:17:26] seasfire you're going to have is going to be temporary, whatever deal you're going to have
[00:17:30] is going to be temporary, and we know this because
[00:17:33] the Beijing agreement that happened between Saudi Arabia,
[00:17:37] and Tehran and despite that
[00:17:41] facilitation, despite the years of dettant that
[00:17:44] that Saudis enjoyed as well
[00:17:48] as the taunt with the hoothies, because Houties ultimately
[00:17:52] stopped their cross border attacks into Saudi
[00:17:54] Arabia, um, things were going fine, in
[00:17:58] fact Saudi did not want to take part
[00:18:01] in operation, any the
[00:18:05] operations, whether it was Ruff Rider or the current.
[00:18:08] operation
[00:18:09] on on Iran with with operation Epic
[00:18:13] Fury, so it stayed out
[00:18:15] of out of it, but it still got punished by
[00:18:19] Tahran and it still got punished by the isis,
[00:18:22] so the
[00:18:24] the there's a lesson I think that the that the Saudi kingdom learned is that the
[00:18:27] threat is just growing bigger from the
[00:18:30] His and that there needs to be a will
[00:18:34] to stop it, and and this push that we... saw
[00:18:38] in terms the counter offensive in Babel Mandab
[00:18:41] demonstrated that because they backed the the
[00:18:45] southern giant brigades forces and they were
[00:18:48] able to push the huti ground forces
[00:18:52] from the ground, but honestly the the the Huthi
[00:18:56] problem is just not gonna go away easily because
[00:19:00] the asymmetric nature of this warfare, I agree with you on the fact that
[00:19:04] the Huti probably is not going to go away as very quickly because is a problem that has
[00:19:08] been remaining in the area since very long time, it is only
[00:19:12] exacerbated very recently, especially against the kingdom of Saudi Arabia, and
[00:19:16] you talk about will, I think the will is very important, the will to stop it and
[00:19:20] the will from the other side, also the Huti side to look
[00:19:23] for negotiated solution, we have been talking to Fatma Abu
[00:19:27] Alasrar and we have been discussing the deadly attacks on of Saudi Arabia, what
[00:19:31] is the condemnation and what are the regional implications, we've been talking about you
[00:19:35] know the different uh issues pertaining to it, the attack on Raad
[00:19:39] and Abha airports, the killing of civilians and endjuring of pilgrims
[00:19:42] and what the hethies are trying to achieve and how they can
[00:19:46] justify it, and of course also uh the long range missiles and drones
[00:19:50] that the hoothies are retaining, what is the support that could help this of Saudi
[00:19:53] Arabia prevent such attacks in the future as well, and of course
[00:19:57] the dialogue that Iran has offered, will it lead to some kind of a tangible
[00:20:01] solution as far as the whole issue is concerned, that is what we discussing,
[00:20:05] wel continue to discuss with Fatima as well. I'd like to understand
[00:20:08] now, Pakistan, the R4 group and other international
[00:20:12] partners have condemned these strikes, there have been statements that have
[00:20:15] come, what concrete action should follow to hold the
[00:20:19] hoothies accountable and defend the kingdom of Saudi
[00:20:21] Arabia? um,
[00:20:25] so condemnations and public
[00:20:28] diplomacy is is fine, and I think that's a good
[00:20:32] message to show that there is there
[00:20:35] is enough concern about actions and the
[00:20:39] consequences that are happening, but also real
[00:20:42] enforcement means turning these diplomatic statements
[00:20:46] into some type of an operation.
[00:20:50] so the first thing that comes to mind is maritime
[00:20:53] interdiction, because Pakistan has an active naval
[00:20:57] posture in the Arabian sea, so that capability could
[00:21:01] translate favorably into shared maritime
[00:21:05] tracking and and boarding operations against any
[00:21:09] type of illicit Iranian daws supplying the emini
[00:21:13] coast, so um this smuggling activity
[00:21:17] is the one that's allowing the Hithis. to continue
[00:21:20] having this aggressive posture without it they would
[00:21:24] be somewhat isolated and then of course
[00:21:28] financial logistic disruption is also
[00:21:31] important and supporting yemeny
[00:21:35] government forces and i don't mean by ground forces
[00:21:39] but arial support is
[00:21:42] important continuing to also defend the
[00:21:46] kingdom because with thehi strategy is is
[00:21:50] to impose costs on multiple fronts, so not
[00:21:54] only are they attacking internally in Yemen, but they're
[00:21:57] also attacking the Saudi kingdom in
[00:22:01] order to get it bogged down in in
[00:22:05] its own conflict, as opposed to just
[00:22:09] protecting the Yemani government
[00:22:12] and Yemeni land as well from
[00:22:15] thehi encrouchment and and
[00:22:18] conquest so... all of that is important,
[00:22:21] surveillance is important and united states is continuing
[00:22:25] to also provide intelligence, but surveillance along
[00:22:29] the Indian ocean is is, is is is
[00:22:33] important as well because it directly impacts
[00:22:36] gulf operations and smuggling
[00:22:39] networks, so that they are tracked before they
[00:22:43] actually reached their intended
[00:22:46] destination. all right, last question, I'd like to... answer,
[00:22:50] but of course the question is important. Donald Trump says he is
[00:22:54] considering joining the defensive
[00:22:57] action that the kingdom of Saudi Arabia is doing against the hoothies. The United
[00:23:01] Kingdom has also even its interest in helping the kingdom of Saudi
[00:23:05] Arabia, how important will this help be for the kingdom if and
[00:23:09] when this happens? Also flights are suspended and of course the
[00:23:13] shipping is threattened through both the Babel Mandab, the state of hormos and the
[00:23:17] Sweez canal. How serious are the risks to? Saudi investment to
[00:23:21] global energy prices and to food supplies, your
[00:23:23] take. Okay, I'm gonna try to be
[00:23:27] short, but the the first thing is that if the United
[00:23:31] States intends to enter the war as well as
[00:23:35] as the United Kingdom and support for the Saudi kingdom
[00:23:38] any way, that is a strong
[00:23:42] deterrant for the Hies, they are really concerned of
[00:23:46] widening the war, they can do low.
[00:23:50] symmetry type of warfare, but it also sends a
[00:23:53] message that Saudi Arabia is
[00:23:56] willing to to is not going to be
[00:24:00] be bullied by their blackmail, by their
[00:24:03] terrorism blackmail, so it's sense that message
[00:24:07] and it it makes his recalculate their
[00:24:11] position, it makes Tehran recalculate its position until things
[00:24:15] calm down somehow, but it nothing nothing
[00:24:18] really... concerns the hoothies and Tehran as much as a
[00:24:22] coalition to act, because with a coalition there's
[00:24:26] coordination, there is increasing pressure um
[00:24:29] and and more focus on how thehis
[00:24:33] and Tehran are conducting their
[00:24:36] strategy, now with with regards
[00:24:39] to the economic hits
[00:24:43] and and investment shocks that Saudi
[00:24:47] Arabia could be subjected to, that's definitely the... game the
[00:24:50] huties, the huties have nothing to lose,
[00:24:54] so part of how they force
[00:24:57] themselves on the international arena and how they want to
[00:25:01] force negotiations with the saudis is through economic
[00:25:05] coersion, they've done the same play with
[00:25:09] Israel as well, right? but
[00:25:12] the the the thing is um,
[00:25:15] the this this strategy ultimately ends up
[00:25:18] disrupting, of course Saudity investments,
[00:25:22] but also has the damage is multifaceted, Fatima, the damage is
[00:25:26] multifted, as you said, it's on the economy, it's on
[00:25:30] all the investments that the kingdom of Saudi Arabia is doing, and it had lot of
[00:25:33] investments as part of its vision 2030 as well,
[00:25:37] and
[00:25:37] you know the whole effect of it is tremendous and let's hope
[00:25:41] that some kind of solution comes sooner than later, fatima abu alas, thank
[00:25:45] you very much to have joined us, it was a pleasure talking to you and I hope wel meet each
[00:25:49] other. virtually very soon. Thank you again. Ladies and
[00:25:53] gentlemen, as you have seen my discussion with Fatima Abu Al
[00:25:57] Asrar, we have talked about shipping threaten through Babel Mandab and hormos, we
[00:26:01] have talked the risks of... to Saudi investment, global energy prices
[00:26:04] and food supplies, we've talked about how the US and the United
[00:26:08] Kingdom are interested in joining forces with the kingdom of
[00:26:12] Saudi Arabia and whether that will help or not, well lot of
[00:26:16] different subtects to this conflict as well and let's hope you
[00:26:20] know something good comes out of it sooner than later and you know
[00:26:23] this conflict also comes to an end. Let's now take you to our next
[00:26:27] segment.
[00:26:36] Now moving to the west, developing countries are facing three shocks at
[00:26:40] once, rising energy prices, extreme weather linked to Elnino
[00:26:44] and higher borrowing costs. The United Nations Development Program wants that
[00:26:48] governments are running out of money to protect struggling families.
[00:26:51] As the world financial leaders meet in Bangkok, what urgent help can prevent
[00:26:55] millions from falling into powerty is what we will ask our guest tonight,
[00:26:59] Dr. Samuel Risk, resident representative. DP
[00:27:02] Pakistan sam, thank you very much to have joined us, it's a pleasure talking to
[00:27:06] you officially after very long time. Now UNDP's
[00:27:10] report, no time to recover once that energy costs, climate shocks
[00:27:14] and expensive borrowing are hitting together with conditions
[00:27:18] possibly worsening into spring. Why is this combination so dangerous
[00:27:22] in your point of view and where is Pakistan most exposed among all
[00:27:25] countries? Hello, thank you very
[00:27:29] much for inviting me back to PTV, happy to be with.
[00:27:33] you, so I think it's a very, it's a very important and timely
[00:27:36] question as as the annual meetings are in
[00:27:39] Bangkok, our administrator, everybody else in the development world, the
[00:27:43] world bank, the IMF are there and they're discussing this this very
[00:27:47] issue, now if you recall two or three years ago we were talking about
[00:27:51] a combination of crises that all hovered around the
[00:27:54] seas, cost of living, covid, conflict,
[00:27:58] and climate change, and I think this was where a lot the language
[00:28:01] around
[00:28:02] the pol crisis started to to come out now, as
[00:28:06] of this spring, there's quite a lot of disruption that is happening obviously
[00:28:10] because the war in the middle east, and I think the three reports that came out
[00:28:13] successively since then, the first
[00:28:16] one focused on human development impacts, the
[00:28:20] second was was on cushioning the global shock, and then this this third
[00:28:24] one I think raises the biggest alarm which you outlined, which is
[00:28:28] there is no time to recover, when when multiple...
[00:28:32] shocks happen at the same time in developing countries, it becomes pretty
[00:28:36] clear that this no time to recover is really quite difficult and
[00:28:40] it exposes some fundamental issues around global
[00:28:44] development and climate financing that are, i think important. now
[00:28:48] let's take Pakistan for second, if you look at the report, it
[00:28:52] talks about
[00:28:54] energy, it talks about
[00:28:57] climate change and it talks about the cost of
[00:29:00] borrowing, all these things are actually critical as we
[00:29:04] speak now for Pakistan, the Pakistan
[00:29:08] imports most of its oil, it comes with the middle east, 80 plus
[00:29:12] percent of that, immediate shock, it didn't take two
[00:29:15] or three months or four months for that to materialize
[00:29:19] and for it to have an impact on on common people here.
[00:29:23] fuel prices went up 25%, where do people get this
[00:29:27] money, they stop spending on other things, probably education,
[00:29:31] probably health. etc. and and wages are
[00:29:35] not going up, so you asked the question, maybe I'll come to that, who
[00:29:39] is the most vulnerable when this combination of shocks actually
[00:29:42] takes place? low income households, I think that's really
[00:29:46] quite critical, you add climate change and elninho, then you
[00:29:50] put all the agriculture sector, too much water, too little
[00:29:54] water any given year, you know, one or two weeks late
[00:29:58] in in either planting or harvesting becomes a
[00:30:01] problem. energy vulnerable
[00:30:05] communities and then public finance as well and that maybe is
[00:30:09] the is the third part and we can talk some more about that is okay
[00:30:13] so if all these things happen people are not resilient and the
[00:30:16] system itself cannot afford to absorb these crisis
[00:30:20] and now scrambles for money where does that come from if
[00:30:24] countries like Pakistan have to pay half almost half their
[00:30:28] federal budget towards de servicing that is true
[00:30:32] I mean that and so much more and of course the crisis that the world is in gulf in and the
[00:30:36] region as well is of course affecting countries such as Pakistan. Samuel,
[00:30:40] with oil that is above 100 US dollars a barrel, the
[00:30:43] UNDP estimates that a government support has
[00:30:47] prevented around 130 million additional people
[00:30:51] from falling into the poverty circle. as that money is
[00:30:54] running out and will run out very quickly, how can countries
[00:30:58] protect the struggling?