It's always treat to listen to Comrade Aasim Sajjad. If you want to fix something in this country, we must identify basics as Dr Aasim Sajjad is pointing out.
4:34 Pakistan never fully implemented the reforms IMF asked for. How many times we actually completed our IMF program to the end? India was forced to seek IMF help. Unlike Pakistan, they completed the program implemented the reforms despite huge marxists politics(like this guy) in India. Recently the successfully privatize Air India.
This time Pakistan so far is following IMF plan. You will see the result. The single best thing Pakistan did is free floating exchange rate. You will see the return of industrialisation. It is already happening.
@arbab gul feryal there are many policies of current govt I'm absolutely no a fan of, real estate package was one of those policies. Now come to current industrialisation. Imports of finished products are down. Local industrial expansion is increasing. The LSM despite rise in prices due to high commodity prices is increasing. Import substitution for example P&G invested to manufacture goods in Pakistan. Exports all time high and increasing with many new facilities under construction. IT exports increasing at 7%. By the end of year will exceed $2.5B. 2023 $5B+. Today Brent is down by $5 dollar. Global commodity price trend started reversing. By the mid of 2022 we will be in far better place.
Don't you think privatization of institutions will be more beneficial than to nationalise them for the vested interests of imprudent politicians? Privatization brings innovation. This is how South Korea achieved progress by fostering inclusive economic institutions with standarized state control. Dollar is the most stable currency and USA is a super power who holds maximum shares in IMF and World Bank. Being one of the imminent founders of UN and these financial banks, no one can dare to point fingers against US for not paying the loans. Look what happened when US withdrew from WHO...such was the hew and cry that US is not ready to play its role internationally. Government is in catch-22 situation whether to take loan or not. But it has to go for begging. Because this is not China where the people will bear the cost of future progress. Where when Deng, an authoritarian and somewhat socialist leader, would say, look people! You have to burn midnight oil to lift the people living below poverty and they would say, yes sir. No one is ready for change. Not the people, and not even the politicians. They will just increase the prices when recitation of A Sipara would be made obligatory in schools or when masks would be a necessity. Such is our situation!
The Quote "Hindustan me 23 crore log Below poverty line me aa gye due to COVID" is Factually "WRONG". Unemployment badha h wo bhi kewal lockdown tha tbh baad me normal ho gya h except unki jinhone apani ko khoya h
Pakistan has very good intellectuals but they are run by military goons and badhe moocho waaley zamindars And this the only reason for pakistans zero economic and political will which is directly related to long term growth and development which is directly proportional countrys growth
Jab tak hum banking system aur paper currency se chutkara na paey qk paper currency haram aur sood he.Humny Allah aur Nabi صلی اللہ علیہ وسلم ke sath dushmani kara rahe he.Main challenge kar ta hu agar koi b maeen ka lal ajae Pakistan ki economy ko thek kar de.Only solution and only way to leave paper currency.
investment and future of policy is very very poor. our buerucrates , politicians, and other power circle persons speak about the system that it is in the hands of wrong people but did not took action against it.
Well if Pakistan will concentrate on education level, IT sector, manufacturing, medical field not in terrorism, khalistan and close these maulvis dukan
will You Please Tell Me The Budget Of Pakistan Army ??? Answer# Approximate 16% So How Can You Say That It's 70 % . You are Well Educated Person Please Don't Bluff
Ok. Everything makes sense except for that last line. "top or aslahay k bjaye taleem or sehat pr spend kray". Lets say we do it. Will India follow suit? No. Where will that road lead us to?
Exactly. These peace-loving and prosperity seeker individuals don't take into account our gruesome state of an existential threat since independence. 1. Hindutva never accepted our independence and want to settle the score for 800-year rule by Mughals. Sponsor terrorism through the long borders, through Iran, Afghanistan and try to alienate Pakistan regionally and globally. 2. Russia traditionally wanted to weaken us to access warm waters for global domination. 1971 and civil unrest, political turmoil was perpetrated by Russia against Pak in the past. It was nothing personal but for the national soviet interests. 3. US treated us the same as they treat every one of their poor allies but grabbed all our resources and economies in their debt shackles, using us as a market for their multinational multibillion-dollar corporate giants which earn huge revenues from our poor lands. Mcdonalds, KFC, Pepsi, Coca-Cola, Cigarettes, Philip Morrison Tobacco, British American Tobbaco, Unilever, Proctor & Gamble, Reckitt Benkesier, Abbot, Pfizer, GSK, Sonafi-Aventis, Nestle. These corporate giants don't let our local industry grow and bind us in their free trade treaties which inhibit our progress and provide ground to these corporates to churn money out of us. 4. The threat matrix of India, Iran (sponsoring hostile intelligence), Afghanistan, Tajikistan (hosting Indian airbases). 5. Brits when leaving us at independence deliberately rewarded hypocrites, traitors and tatoo's with huge lands and resources, disrupted our local education system, and tried to keep us in their circle of influence by keeping us poor. We have a long way to go. Unless and until the untouchables are purged, poor cant breathe or hope to breathe in this system. A purge of sorts is a must.
Shaheed Zulfiqar Bhutto was a great Leader who has changed the face of political economy of Pakistan 🇵🇰 brought poor deprived class into mainstream given land ownership to Mazara’s shaheed Bhutto taxed big corporate & industry therefore he was Hanged .
1. The size of average farms has decreased. 2. We had a war with India in 48, evacuation of refugees and survival as nation was primary concerns. Military expenditures are in line with global trends. We are in a region where we have a hostile country next to our border who can't digest our survival.
He is not an economist. He is saying things that people will like. How can a real economist praise nationalization in 1970s which killed pakistan economy and we havent recovered from that since? How can he compare American government printing money to other countries printing money? He doesnt know shit. American dollar is a reserved currency and very high in demand. The oil mainly sell in dollars. Zimbabwe printed money to the point they had trillon dollar notes. This guy is a joke not an economist.
It's always treat to listen to Comrade Aasim Sajjad. If you want to fix something in this country, we must identify basics as Dr Aasim Sajjad is pointing out.
Main questions that need to be taken up by a public movement are very well explained by the erudite speaker.
Great work. Being a lawyer I found him very rational speaker. Thanks for quality journalism.
Well said man we really need to change our dynamics from geo politics to geo economics
I appreciate TCM Originals for bringing the much needed content
Highly appriciated points that man tells us. We have lack of economic concepts.
very good journalism. keep up the good work.
Guys you're just amazing great job great journalism appreciate for tell us truth
Sir Asam sajjad well explained
# Quaidian#Proude#Adore❤#Nips
Nice explained!
Rationally, and critcally analysed the topic! great sir ♥️
The One in all ❤
Very Well Said 👍
Specially last line Sir.
he is simply brillient. i read him before.. good one.
4:34 Pakistan never fully implemented the reforms IMF asked for. How many times we actually completed our IMF program to the end? India was forced to seek IMF help. Unlike Pakistan, they completed the program implemented the reforms despite huge marxists politics(like this guy) in India. Recently the successfully privatize Air India.
This time Pakistan so far is following IMF plan. You will see the result. The single best thing Pakistan did is free floating exchange rate. You will see the return of industrialisation. It is already happening.
@arbab gul feryal there are many policies of current govt I'm absolutely no a fan of, real estate package was one of those policies.
Now come to current industrialisation. Imports of finished products are down. Local industrial expansion is increasing. The LSM despite rise in prices due to high commodity prices is increasing. Import substitution for example P&G invested to manufacture goods in Pakistan. Exports all time high and increasing with many new facilities under construction. IT exports increasing at 7%. By the end of year will exceed $2.5B. 2023 $5B+. Today Brent is down by $5 dollar. Global commodity price trend started reversing. By the mid of 2022 we will be in far better place.
yes air India is back at hands of tata group. And our pm is saying they will privatise more. We now see nice services at railways and airports.
He's right about many things!
Well said
Good analysis
I am from India, but I love your content. Great work, guys 👏👏
Thank you, Got some interesting facts and eye opening information
suffocated by the suffocated economic system of Pakistan. Makes me ponder a lot when I walk in a Bazar.
One of my favourite personality ❤❤
Don't you think privatization of institutions will be more beneficial than to nationalise them for the vested interests of imprudent politicians?
Privatization brings innovation. This is how South Korea achieved progress by fostering inclusive economic institutions with standarized state control.
Dollar is the most stable currency and USA is a super power who holds maximum shares in IMF and World Bank. Being one of the imminent founders of UN and these financial banks, no one can dare to point fingers against US for not paying the loans. Look what happened when US withdrew from WHO...such was the hew and cry that US is not ready to play its role internationally.
Government is in catch-22 situation whether to take loan or not. But it has to go for begging. Because this is not China where the people will bear the cost of future progress. Where when Deng, an authoritarian and somewhat socialist leader, would say, look people! You have to burn midnight oil to lift the people living below poverty and they would say, yes sir.
No one is ready for change. Not the people, and not even the politicians. They will just increase the prices when recitation of A Sipara would be made obligatory in schools or when masks would be a necessity.
Such is our situation!
Excellent 👍
Everyone in my circle was so excited about the dam fund. I kept saying k bhai hum buhat tax pay krty hain but people just dont get it.
lack of political will and political instability due to army involvement iz main reason behind all this misery.
Grt sir
The Quote "Hindustan me 23 crore log Below poverty line me aa gye due to COVID" is Factually "WRONG". Unemployment badha h wo bhi kewal lockdown tha tbh baad me normal ho gya h except unki jinhone apani ko khoya h
Jisne apna job khoya bhi hoga toh mostly kahi aur kar rahe hai but jisko karna hi nahi hai kaam aur anti India hai vo toh bolega hi
the 'india' bogey is the sole reason the punjabi pakistani can justify the existence of pakistan
8:48 i am not agree !
Pakistan has very good intellectuals but they are run by military goons and badhe moocho waaley zamindars And this the only reason for pakistans zero economic and political will which is directly related to long term growth and development which is directly proportional countrys growth
Jab tak hum banking system aur paper currency se chutkara na paey qk paper currency haram aur sood he.Humny Allah aur Nabi صلی اللہ علیہ وسلم ke sath dushmani kara rahe he.Main challenge kar ta hu agar koi b maeen ka lal ajae Pakistan ki economy ko thek kar de.Only solution and only way to leave paper currency.
Captain ko Nikalo, Isko PM Bana Do !! Seems to be talking sense !!
investment and future of policy is very very poor. our buerucrates , politicians, and other power circle persons speak about the system that it is in the hands of wrong people but did not took action against it.
Well if Pakistan will concentrate on education level, IT sector, manufacturing, medical field not in terrorism, khalistan and close these maulvis dukan
Waiting for Dawn leaks
will You Please Tell Me The Budget Of Pakistan Army ???
Answer# Approximate 16% So How Can You Say That It's 70 % . You are Well Educated Person Please Don't Bluff
Ok. Everything makes sense except for that last line. "top or aslahay k bjaye taleem or sehat pr spend kray". Lets say we do it. Will India follow suit? No. Where will that road lead us to?
Exactly. These peace-loving and prosperity seeker individuals don't take into account our gruesome state of an existential threat since independence.
1. Hindutva never accepted our independence and want to settle the score for 800-year rule by Mughals. Sponsor terrorism through the long borders, through Iran, Afghanistan and try to alienate Pakistan regionally and globally.
2. Russia traditionally wanted to weaken us to access warm waters for global domination. 1971 and civil unrest, political turmoil was perpetrated by Russia against Pak in the past. It was nothing personal but for the national soviet interests.
3. US treated us the same as they treat every one of their poor allies but grabbed all our resources and economies in their debt shackles, using us as a market for their multinational multibillion-dollar corporate giants which earn huge revenues from our poor lands. Mcdonalds, KFC, Pepsi, Coca-Cola, Cigarettes, Philip Morrison Tobacco, British American Tobbaco, Unilever, Proctor & Gamble, Reckitt Benkesier, Abbot, Pfizer, GSK, Sonafi-Aventis, Nestle. These corporate giants don't let our local industry grow and bind us in their free trade treaties which inhibit our progress and provide ground to these corporates to churn money out of us.
4. The threat matrix of India, Iran (sponsoring hostile intelligence), Afghanistan, Tajikistan (hosting Indian airbases).
5. Brits when leaving us at independence deliberately rewarded hypocrites, traitors and tatoo's with huge lands and resources, disrupted our local education system, and tried to keep us in their circle of influence by keeping us poor.
We have a long way to go. Unless and until the untouchables are purged, poor cant breathe or hope to breathe in this system. A purge of sorts is a must.
@arbab gul feryal Yes, you are right.
We need a complete overhaul at national level and need to switch towards national development.
@@AbdulMoueedHaroon agree brother.
Shaheed Zulfiqar Bhutto was a great Leader who has changed the face of political economy of Pakistan 🇵🇰 brought poor deprived class into mainstream given land ownership to Mazara’s shaheed Bhutto taxed big corporate & industry therefore he was Hanged .
Kuch b
7:19
Well this guy has not highlighted anything new. All old shit....
He is marxists so don't buy his opinion without critical analysis
1. The size of average farms has decreased.
2. We had a war with India in 48, evacuation of refugees and survival as nation was primary concerns. Military expenditures are in line with global trends. We are in a region where we have a hostile country next to our border who can't digest our survival.
Bhutto destroyed the national economy. He killed the entrepreneurship culture and replaced it with SOEs sarkari nokri culture.
@@mythbusterUSA correction Pakistan started a war.
Finally some one with a brain 😍😘❤ @Pak myth buster I love you!!!!
He is not an economist. He is saying things that people will like. How can a real economist praise nationalization in 1970s which killed pakistan economy and we havent recovered from that since? How can he compare American government printing money to other countries printing money? He doesnt know shit. American dollar is a reserved currency and very high in demand. The oil mainly sell in dollars. Zimbabwe printed money to the point they had trillon dollar notes. This guy is a joke not an economist.