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00:00:00Let's see how our trader community sees this. We will talk about
00:00:04this later in the program. Mr. Hali, please tell us about the current
00:00:07global situation. You know about it, we know about it,
00:00:11and the public knows about it. After that, the Prime
00:00:15Minister started a austerity campaign.
00:00:18How do you see this in the context of the country's
00:00:22economy? Look, it is true that
00:00:26the second phase of the Iran-America tension war.
00:00:33Like phase one, it has engulfed the economies of the entire world in this second phase as well.
00:00:37or LNG import will decrease, And among them, the most affected are the Asian countries,
00:00:40because most of their juice
00:00:43and oil
00:00:46imports and their energy
00:00:50dependence is now
00:00:53from Gulf countries and from the Strait of Hormuz
00:00:57and Bab al-Mandab. So, after the Strait of Hormuz
00:01:00and Bab al-Mandab, and after the tension there,
00:01:04Asian countries are once again
00:01:07under economic pressure. And Pakistan
00:01:11is also going through this crisis.
00:01:15You know that the price of
00:01:19oil at the global level
00:01:21has increased to $100 per
00:01:25barrel. So, its direct effects
00:01:28are felt most by Pakistan because Pakistan's
00:01:32economy is connected with
00:01:35Gulf countries. Most of our
00:01:39imports are oil imports, our gas
00:01:43and LNG energy. Even our
00:01:46fertilizer imports also reach
00:01:50Pakistan through this route, through this passage.
00:01:53So, in this situation, you know that when it was phase one, in phase one
00:01:58And it is also a fact also, when similar situations arose, the pressure on Pakistan's economy
00:02:01increased. So, at that time, under the instructions
00:02:04of Prime Minister of Pakistan Shehbaz Sharif,
00:02:08the government took timely steps. And as a result,
00:02:12today, the burden of the first two or three
00:02:15weeks, the oil prices that had increased in the international
00:02:19market, were not passed on to the common citizens.
00:02:23The government bore it itself.
00:02:26Even the government cut its development budget.
00:02:30And a subsidy of
00:02:34130 billion rupees
00:02:37has been provided for the relief
00:02:41of the weaker sections, especially for motorcycles,
00:02:45rickshaws, and small cars.
00:02:48In this, as the Prime Minister
00:02:51of Pakistan has now announced
00:02:55this new austerity program,
00:02:58it also includes
00:03:23has prevented the pressure that was supposed to come on Pakistan,
00:03:46economic management
00:04:00a system that has been devised by the Ministry of IT.
00:04:07when we talk about saving, Mr. Maithu, let's continue this discussion. What do you think about the Prime Minister's
00:04:11austerity campaign? The government has taken various
00:04:15measures to reduce government expenses and fuel consumption.
00:04:18How do you view these measures?
00:04:22Look, not just Pakistan, the whole world is affected. For example,
00:04:25if I talk about the United States, it has its own oil,
00:04:29but the gallon price has gone up to $6.37 there. This is the highest in its
00:04:32history. And the UAE produces its own oil.
00:04:36I'm giving these examples because these are oil-producing countries, so what's their situation?
00:04:40There, they first increased the diesel rate by 61%,
00:04:43and now the UAE has linked the rate to the international
00:04:47market, meaning they are doing what Pakistan is doing.
00:04:51Now, some people criticize that prices increase daily in Pakistan.
00:04:55Brother, they are increasing there too, in America too, and in countless countries
00:04:59around the world. And I believe that daily price
00:05:03fluctuations under a transparent system
00:05:06are fair. Today, it was 45-46 cents cheaper.
00:05:10So, this is a matter of justice. The second thing is that the government
00:05:42The impact I calculated is around 80 to 90 billion rupees.
00:05:46You see, the oil import
00:05:50which will save us 150 million to 200 million US dollars in three months.
00:05:53This amounts to 40, 42, 45 billion rupees.
00:05:57There will be a 50% cut, and government purchases will decrease,
00:06:01and there will be a cut in employee expenditures. So, combining
00:06:04these, it will be 45 billion. The Government of Pakistan's
00:06:07plan is to take it up to 150 billion. We have to take it
00:06:11there. The 300 to 400 million
00:06:14megawatt shortage, because shops closed early,
00:06:18your energy saving during peak hours. I am talking about
00:06:22from 9 PM onwards. And then its impact further. I believe that since
00:06:26winters are coming, if shops close at 9 PM, it's not good. Although
00:06:29in all successful and developed countries, for example,
00:06:33in China, all shops close at 7 PM. This
00:06:37trend should continue.
00:06:401969
00:07:43the MoU of Islamabad has been mentioned.
00:07:46And President
00:07:49Wangi, the Foreign Minister of China, and Mr. Araqi had a discussion
00:07:52and meeting two days ago. So, I think that in the next
00:07:56week, there can be a new development. I am talking about the
00:08:00reserves. There can be a good positive talk.
00:08:03And Saudi Arabia has increased the supply line a little
00:08:06from there, from another route. And Egypt has
00:08:10given us cooperation in this regard. So, I think that when the supplies from the Suez Canal
00:08:14and other parts of the world from Saudi Arabia increase further in the next
00:08:18four to six days, these matters, the dollar
00:08:21had gone up to 114-115 dollars. So, today's
00:08:25closing rate until evening was around 103
00:08:28dollars. So, these are our sustainable limits. But the austerity campaign
00:08:32of the Government of Pakistan
00:08:35especially on foreign exchange. Now you see, Pakistan has after
00:08:39a long time, 21.4 billion.
00:09:13The austerity campaign is necessary given the current
00:09:16situation, but how can it be made more effective
00:09:19without affecting business activities in this whole scenario?
00:09:23Komal, thank you very much. First of
00:09:27all, I would like to pay tribute to Prime Minister of Pakistan Mian
00:09:31Shehbaz Sharif and his entire team, that since the war
00:09:34began, Alhamdulillah, there has been no
00:09:37energy shortage of any kind in Pakistan, whether it is gas
00:09:41or oil. So, the most important thing is that they have maintained
00:09:45it, maintained it. Alhamdulillah, there has been no issue so
00:09:49far. So, in this whole scenario, since the Covid pandemic started,
00:09:53there has been disturbance in the whole world.
00:09:56So, we will have to go for alternative energy solutions, and especially
00:09:59those that are available in your own country. So, this
00:10:03is very important. So, I think that all the solar
00:10:06EVs and storage banks
00:10:10that have batteries, firstly,
00:10:55along with that, I think 70%
00:10:58of commercial vehicles, trucks and trailers, have become
00:11:02more than 40 years old, due to their inefficiency,
00:11:05double energy is being consumed.
00:11:09So, if we bring them into some scheme so that they
00:11:13replace their trucks within four or five
00:11:16years and use new technology,
00:11:20then our import bill and dependency can also decrease. This
00:11:24is very important. Let's continue this discussion, as Mr. Zaki
00:11:27and Mr. Maithu are also saying that considering the current
00:11:31situation, the austerity campaign is very necessary,
00:11:35and the government has taken various steps in this regard
00:11:38and has launched the campaign. Now, the public also has a responsibility
00:11:42to respond to the appeal to save fuel and
00:11:46electricity, etc. What do you think
00:11:49should be the role of the public in this whole scenario? Look, they themselves
00:11:53have suggested one solution, that they will
00:11:57have to move towards solar and electric cars,
00:12:00and they will have to move towards
00:12:03saving electricity. In this, they also
00:12:06have a direct benefit. If they use less electricity,
00:12:10then obviously their bill will
00:12:14also come down. And this very thought,
00:12:17which they perhaps did not express in this way, is that our
00:12:21trader community needs to
00:12:25fully implement the measures announced
00:12:28by the Prime Minister of Pakistan. And
00:12:32shops should close on time in the evening,
00:12:36and restaurants should close
00:12:39in the same way. And these wedding
00:12:42halls, you know that in wedding
00:12:46halls, how much electricity
00:12:49is used unnecessarily. So, they
00:12:53also have to follow the time set by the
00:12:57government. And in this, especially
00:13:00the provincial governments are responsible
00:13:03for implementing all of this. And our
00:13:07administration will have to establish
00:13:10its rate at the district level, at the tehsil
00:13:14level, at every level,
00:13:17in this regard, because at this time
00:13:21we are going through such an economic
00:13:25situation today that if we do not
00:13:28take these measures on time, then our economy will
00:13:32come under pressure, and our foreign exchange
00:13:35reserves will come under pressure. As it was
00:13:39stated here that 18 billion
00:13:43dollars, we spend every year just on energy
00:13:46imports. So, if this bill increases,
00:13:49then during the last financial year, our
00:13:53current account was
00:13:59Whereas, if you look back, during the PTI government, the current account deficit of
00:14:02Pakistan had reached 17.5 billion dollars.
00:14:05This is the result of our government's excellent
00:14:11that our entire year has been in surplus.
00:14:14For evaluating the success of this austerity campaign,
00:14:18what clear metrics should the government set?
00:14:21What do you think so that it can be known
00:14:25to what extent energy or how many government resources have been saved?
00:14:29And along with that,
00:14:32along with the government, what do you also think
00:14:36is the responsibility of the general public, as we see
00:14:39that unnecessary tours are made to northern areas
00:14:43at this time? If the government talks about smart
00:14:47lockdown, people go on holidays, which happened last time.
00:14:50And if the government talks about closing shops early,
00:14:54we see
00:16:56This is a challenge, and it's also a big challenge for them to
00:16:59endure this difficult time.
00:17:03So, what would you say about the responsibilities of the public?
00:18:07What is it? Considering all scenarios, as our esteemed guests have also
00:18:11said, this is not a difficult time only for Pakistan,
00:18:14but for the whole world. It is necessary that
00:18:17while the government is cutting its expenses in view
00:18:21of the austerity campaign, the public also has
00:18:25a very big responsibility to limit some things
00:18:29for some time, to limit their
00:18:32recreation and to limit unnecessary
00:18:36expenses so that we can get out of this
00:18:39difficult time unitedly and
00:18:43successfully so that we can make
00:18:46Pakistan a bright Pakistan. Just as
00:18:49the 'Apni Chhat Apna Ghar' program has been praised all over the world,
00:18:53this is definitely a positive initiative. Where
00:18:57we criticize many things about the government,
00:19:01we should look at the positive things with positivity
00:19:03and also appreciate them. And as much as possible, for the benefit of the public,
00:20:38what is truth and what
00:20:40is deception?
00:20:45You also have the right to know the truth,
00:20:48and so do I.
00:20:53What are we doing with the truth?
00:20:56Justice?
00:21:03The truth is that speaking the truth,
00:21:06hearing it, and tolerating it is
00:21:10difficult.
00:21:13We will continue to strive to bring out the facts
00:21:16and expose the lie. The program is called
00:21:20"Sach To Yeh
00:21:21Hai".
00:21:27I will talk
00:21:45about the lives of ordinary people
00:21:48in the country.
00:21:52On the changing situations and
00:21:55ideologies of the global horizon, what does
00:21:58the political and economic landscape
00:22:01of the country say? How fast is
00:22:04the pace of development in Pakistan?
00:22:08There will also be a discussion on moments of happiness.
00:22:11Why is the
00:22:13capital city the hub of
00:22:17all important news?
00:25:14is continuously violating international laws and conventions
00:25:17in occupied Jammu and Kashmir.
00:25:21Modi regime revoked special status of Kashmir in blatant
00:25:24violation of international law. India is
00:25:28violating international laws by bringing demographic changes in
00:25:32the occupied region. India is
00:25:34preventing Kashmiris from exercising their universally
00:25:37recognized right to self determination.
00:25:41United Nations must hold India accountable for
00:25:44violating international laws in Jammu and
00:25:46Kashmir.
00:26:10Do you want relief from heat
00:26:13and heatwave?
00:26:22You need
00:26:23shade.
00:27:07You need
00:27:08greenery,
00:27:17you need rain.
00:27:20So, ensure the protection of the natural system and environment.
00:27:23Plant your share of plants today, make them trees,
00:27:27for yourself, for your future generation.
00:27:31Do you know
00:27:52that the number of digital media users in Pakistan
00:27:55has exceeded 110 million?
00:28:01that we
00:28:32are showing symptoms, so pay attention immediately.
00:28:36Stop children from excessive screen use.
00:28:39Save them from anxiety and social distress.
00:30:11The attempt to disrupt the peaceful movement of people on
00:30:15the Pakistan Highway near Killa in Balochistan by terrorists belonging to the Fitna-e-Hindustan
00:30:18was foiled. Security forces killed
00:30:22five terrorists in an operation against them. 23
00:30:25hostages were rescued, and a large quantity of weapons, ammunition, explosives,
00:30:29and vehicles were recovered. A clearance operation is underway in the area.
00:30:33Security forces have resolved to continue operations under the "Aزم-e-Istehkam"
00:30:37(Resolve for Stability) campaign. ISPR.
00:30:43President Asif Ali Zardari congratulated the security forces for killing the
00:30:46terrorists of Fitna-e-Hindustan who were disrupting the movement of citizens on the Pakistan Highway
00:30:50in Kalat and safely rescuing the abducted persons from
00:30:54their hideout. The entire nation is proud of its security
00:30:57forces in the war against terrorism.