PTVNEWS — broadcast
20260920 053000 UTC
275 transcript segments
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[00:00:00] Let's see how our trader community sees this. We will talk about
[00:00:04] this later in the program. Mr. Hali, please tell us about the current
[00:00:07] global situation. You know about it, we know about it,
[00:00:11] and the public knows about it. After that, the Prime
[00:00:15] Minister started a austerity campaign.
[00:00:18] How do you see this in the context of the country's
[00:00:22] economy? Look, it is true that
[00:00:26] the second phase of the Iran-America tension war.
[00:00:33] Like phase one, it has engulfed the economies of the entire world in this second phase as well.
[00:00:37] or LNG import will decrease, And among them, the most affected are the Asian countries,
[00:00:40] because most of their juice
[00:00:43] and oil
[00:00:46] imports and their energy
[00:00:50] dependence is now
[00:00:53] from Gulf countries and from the Strait of Hormuz
[00:00:57] and Bab al-Mandab. So, after the Strait of Hormuz
[00:01:00] and Bab al-Mandab, and after the tension there,
[00:01:04] Asian countries are once again
[00:01:07] under economic pressure. And Pakistan
[00:01:11] is also going through this crisis.
[00:01:15] You know that the price of
[00:01:19] oil at the global level
[00:01:21] has increased to $100 per
[00:01:25] barrel. So, its direct effects
[00:01:28] are felt most by Pakistan because Pakistan's
[00:01:32] economy is connected with
[00:01:35] Gulf countries. Most of our
[00:01:39] imports are oil imports, our gas
[00:01:43] and LNG energy. Even our
[00:01:46] fertilizer imports also reach
[00:01:50] Pakistan through this route, through this passage.
[00:01:53] So, in this situation, you know that when it was phase one, in phase one
[00:01:58] And it is also a fact also, when similar situations arose, the pressure on Pakistan's economy
[00:02:01] increased. So, at that time, under the instructions
[00:02:04] of Prime Minister of Pakistan Shehbaz Sharif,
[00:02:08] the government took timely steps. And as a result,
[00:02:12] today, the burden of the first two or three
[00:02:15] weeks, the oil prices that had increased in the international
[00:02:19] market, were not passed on to the common citizens.
[00:02:23] The government bore it itself.
[00:02:26] Even the government cut its development budget.
[00:02:30] And a subsidy of
[00:02:34] 130 billion rupees
[00:02:37] has been provided for the relief
[00:02:41] of the weaker sections, especially for motorcycles,
[00:02:45] rickshaws, and small cars.
[00:02:48] In this, as the Prime Minister
[00:02:51] of Pakistan has now announced
[00:02:55] this new austerity program,
[00:02:58] it also includes
[00:03:23] has prevented the pressure that was supposed to come on Pakistan,
[00:03:46] economic management
[00:04:00] a system that has been devised by the Ministry of IT.
[00:04:07] when we talk about saving, Mr. Maithu, let's continue this discussion. What do you think about the Prime Minister's
[00:04:11] austerity campaign? The government has taken various
[00:04:15] measures to reduce government expenses and fuel consumption.
[00:04:18] How do you view these measures?
[00:04:22] Look, not just Pakistan, the whole world is affected. For example,
[00:04:25] if I talk about the United States, it has its own oil,
[00:04:29] but the gallon price has gone up to $6.37 there. This is the highest in its
[00:04:32] history. And the UAE produces its own oil.
[00:04:36] I'm giving these examples because these are oil-producing countries, so what's their situation?
[00:04:40] There, they first increased the diesel rate by 61%,
[00:04:43] and now the UAE has linked the rate to the international
[00:04:47] market, meaning they are doing what Pakistan is doing.
[00:04:51] Now, some people criticize that prices increase daily in Pakistan.
[00:04:55] Brother, they are increasing there too, in America too, and in countless countries
[00:04:59] around the world. And I believe that daily price
[00:05:03] fluctuations under a transparent system
[00:05:06] are fair. Today, it was 45-46 cents cheaper.
[00:05:10] So, this is a matter of justice. The second thing is that the government
[00:05:42] The impact I calculated is around 80 to 90 billion rupees.
[00:05:46] You see, the oil import
[00:05:50] which will save us 150 million to 200 million US dollars in three months.
[00:05:53] This amounts to 40, 42, 45 billion rupees.
[00:05:57] There will be a 50% cut, and government purchases will decrease,
[00:06:01] and there will be a cut in employee expenditures. So, combining
[00:06:04] these, it will be 45 billion. The Government of Pakistan's
[00:06:07] plan is to take it up to 150 billion. We have to take it
[00:06:11] there. The 300 to 400 million
[00:06:14] megawatt shortage, because shops closed early,
[00:06:18] your energy saving during peak hours. I am talking about
[00:06:22] from 9 PM onwards. And then its impact further. I believe that since
[00:06:26] winters are coming, if shops close at 9 PM, it's not good. Although
[00:06:29] in all successful and developed countries, for example,
[00:06:33] in China, all shops close at 7 PM. This
[00:06:37] trend should continue.
[00:06:40] 1969
[00:07:43] the MoU of Islamabad has been mentioned.
[00:07:46] And President
[00:07:49] Wangi, the Foreign Minister of China, and Mr. Araqi had a discussion
[00:07:52] and meeting two days ago. So, I think that in the next
[00:07:56] week, there can be a new development. I am talking about the
[00:08:00] reserves. There can be a good positive talk.
[00:08:03] And Saudi Arabia has increased the supply line a little
[00:08:06] from there, from another route. And Egypt has
[00:08:10] given us cooperation in this regard. So, I think that when the supplies from the Suez Canal
[00:08:14] and other parts of the world from Saudi Arabia increase further in the next
[00:08:18] four to six days, these matters, the dollar
[00:08:21] had gone up to 114-115 dollars. So, today's
[00:08:25] closing rate until evening was around 103
[00:08:28] dollars. So, these are our sustainable limits. But the austerity campaign
[00:08:32] of the Government of Pakistan
[00:08:35] especially on foreign exchange. Now you see, Pakistan has after
[00:08:39] a long time, 21.4 billion.
[00:09:13] The austerity campaign is necessary given the current
[00:09:16] situation, but how can it be made more effective
[00:09:19] without affecting business activities in this whole scenario?
[00:09:23] Komal, thank you very much. First of
[00:09:27] all, I would like to pay tribute to Prime Minister of Pakistan Mian
[00:09:31] Shehbaz Sharif and his entire team, that since the war
[00:09:34] began, Alhamdulillah, there has been no
[00:09:37] energy shortage of any kind in Pakistan, whether it is gas
[00:09:41] or oil. So, the most important thing is that they have maintained
[00:09:45] it, maintained it. Alhamdulillah, there has been no issue so
[00:09:49] far. So, in this whole scenario, since the Covid pandemic started,
[00:09:53] there has been disturbance in the whole world.
[00:09:56] So, we will have to go for alternative energy solutions, and especially
[00:09:59] those that are available in your own country. So, this
[00:10:03] is very important. So, I think that all the solar
[00:10:06] EVs and storage banks
[00:10:10] that have batteries, firstly,
[00:10:55] along with that, I think 70%
[00:10:58] of commercial vehicles, trucks and trailers, have become
[00:11:02] more than 40 years old, due to their inefficiency,
[00:11:05] double energy is being consumed.
[00:11:09] So, if we bring them into some scheme so that they
[00:11:13] replace their trucks within four or five
[00:11:16] years and use new technology,
[00:11:20] then our import bill and dependency can also decrease. This
[00:11:24] is very important. Let's continue this discussion, as Mr. Zaki
[00:11:27] and Mr. Maithu are also saying that considering the current
[00:11:31] situation, the austerity campaign is very necessary,
[00:11:35] and the government has taken various steps in this regard
[00:11:38] and has launched the campaign. Now, the public also has a responsibility
[00:11:42] to respond to the appeal to save fuel and
[00:11:46] electricity, etc. What do you think
[00:11:49] should be the role of the public in this whole scenario? Look, they themselves
[00:11:53] have suggested one solution, that they will
[00:11:57] have to move towards solar and electric cars,
[00:12:00] and they will have to move towards
[00:12:03] saving electricity. In this, they also
[00:12:06] have a direct benefit. If they use less electricity,
[00:12:10] then obviously their bill will
[00:12:14] also come down. And this very thought,
[00:12:17] which they perhaps did not express in this way, is that our
[00:12:21] trader community needs to
[00:12:25] fully implement the measures announced
[00:12:28] by the Prime Minister of Pakistan. And
[00:12:32] shops should close on time in the evening,
[00:12:36] and restaurants should close
[00:12:39] in the same way. And these wedding
[00:12:42] halls, you know that in wedding
[00:12:46] halls, how much electricity
[00:12:49] is used unnecessarily. So, they
[00:12:53] also have to follow the time set by the
[00:12:57] government. And in this, especially
[00:13:00] the provincial governments are responsible
[00:13:03] for implementing all of this. And our
[00:13:07] administration will have to establish
[00:13:10] its rate at the district level, at the tehsil
[00:13:14] level, at every level,
[00:13:17] in this regard, because at this time
[00:13:21] we are going through such an economic
[00:13:25] situation today that if we do not
[00:13:28] take these measures on time, then our economy will
[00:13:32] come under pressure, and our foreign exchange
[00:13:35] reserves will come under pressure. As it was
[00:13:39] stated here that 18 billion
[00:13:43] dollars, we spend every year just on energy
[00:13:46] imports. So, if this bill increases,
[00:13:49] then during the last financial year, our
[00:13:53] current account was
[00:13:59] Whereas, if you look back, during the PTI government, the current account deficit of
[00:14:02] Pakistan had reached 17.5 billion dollars.
[00:14:05] This is the result of our government's excellent
[00:14:11] that our entire year has been in surplus.
[00:14:14] For evaluating the success of this austerity campaign,
[00:14:18] what clear metrics should the government set?
[00:14:21] What do you think so that it can be known
[00:14:25] to what extent energy or how many government resources have been saved?
[00:14:29] And along with that,
[00:14:32] along with the government, what do you also think
[00:14:36] is the responsibility of the general public, as we see
[00:14:39] that unnecessary tours are made to northern areas
[00:14:43] at this time? If the government talks about smart
[00:14:47] lockdown, people go on holidays, which happened last time.
[00:14:50] And if the government talks about closing shops early,
[00:14:54] we see
[00:16:56] This is a challenge, and it's also a big challenge for them to
[00:16:59] endure this difficult time.
[00:17:03] So, what would you say about the responsibilities of the public?
[00:18:07] What is it? Considering all scenarios, as our esteemed guests have also
[00:18:11] said, this is not a difficult time only for Pakistan,
[00:18:14] but for the whole world. It is necessary that
[00:18:17] while the government is cutting its expenses in view
[00:18:21] of the austerity campaign, the public also has
[00:18:25] a very big responsibility to limit some things
[00:18:29] for some time, to limit their
[00:18:32] recreation and to limit unnecessary
[00:18:36] expenses so that we can get out of this
[00:18:39] difficult time unitedly and
[00:18:43] successfully so that we can make
[00:18:46] Pakistan a bright Pakistan. Just as
[00:18:49] the 'Apni Chhat Apna Ghar' program has been praised all over the world,
[00:18:53] this is definitely a positive initiative. Where
[00:18:57] we criticize many things about the government,
[00:19:01] we should look at the positive things with positivity
[00:19:03] and also appreciate them. And as much as possible, for the benefit of the public,
[00:20:38] what is truth and what
[00:20:40] is deception?
[00:20:45] You also have the right to know the truth,
[00:20:48] and so do I.
[00:20:53] What are we doing with the truth?
[00:20:56] Justice?
[00:21:03] The truth is that speaking the truth,
[00:21:06] hearing it, and tolerating it is
[00:21:10] difficult.
[00:21:13] We will continue to strive to bring out the facts
[00:21:16] and expose the lie. The program is called
[00:21:20] "Sach To Yeh
[00:21:21] Hai".
[00:21:27] I will talk
[00:21:45] about the lives of ordinary people
[00:21:48] in the country.
[00:21:52] On the changing situations and
[00:21:55] ideologies of the global horizon, what does
[00:21:58] the political and economic landscape
[00:22:01] of the country say? How fast is
[00:22:04] the pace of development in Pakistan?
[00:22:08] There will also be a discussion on moments of happiness.
[00:22:11] Why is the
[00:22:13] capital city the hub of
[00:22:17] all important news?
[00:25:14] is continuously violating international laws and conventions
[00:25:17] in occupied Jammu and Kashmir.
[00:25:21] Modi regime revoked special status of Kashmir in blatant
[00:25:24] violation of international law. India is
[00:25:28] violating international laws by bringing demographic changes in
[00:25:32] the occupied region. India is
[00:25:34] preventing Kashmiris from exercising their universally
[00:25:37] recognized right to self determination.
[00:25:41] United Nations must hold India accountable for
[00:25:44] violating international laws in Jammu and
[00:25:46] Kashmir.
[00:26:10] Do you want relief from heat
[00:26:13] and heatwave?
[00:26:22] You need
[00:26:23] shade.
[00:27:07] You need
[00:27:08] greenery,
[00:27:17] you need rain.
[00:27:20] So, ensure the protection of the natural system and environment.
[00:27:23] Plant your share of plants today, make them trees,
[00:27:27] for yourself, for your future generation.
[00:27:31] Do you know
[00:27:52] that the number of digital media users in Pakistan
[00:27:55] has exceeded 110 million?
[00:28:01] that we
[00:28:32] are showing symptoms, so pay attention immediately.
[00:28:36] Stop children from excessive screen use.
[00:28:39] Save them from anxiety and social distress.
[00:30:11] The attempt to disrupt the peaceful movement of people on
[00:30:15] the Pakistan Highway near Killa in Balochistan by terrorists belonging to the Fitna-e-Hindustan
[00:30:18] was foiled. Security forces killed
[00:30:22] five terrorists in an operation against them. 23
[00:30:25] hostages were rescued, and a large quantity of weapons, ammunition, explosives,
[00:30:29] and vehicles were recovered. A clearance operation is underway in the area.
[00:30:33] Security forces have resolved to continue operations under the "Aزم-e-Istehkam"
[00:30:37] (Resolve for Stability) campaign. ISPR.
[00:30:43] President Asif Ali Zardari congratulated the security forces for killing the
[00:30:46] terrorists of Fitna-e-Hindustan who were disrupting the movement of citizens on the Pakistan Highway
[00:30:50] in Kalat and safely rescuing the abducted persons from
[00:30:54] their hideout. The entire nation is proud of its security
[00:30:57] forces in the war against terrorism.