All your Economic Questions Answered - Ammar Habib Khan on Default and the Pol Economy -

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  • Опубліковано 4 чер 2024
  • With everybody talking about the Economy, Default and Inflation - Economist Ammar Habib Khan comes on TPE to break down all these concepts for you in a way that everyone can understand.
    Ammar simplifies the most complex ideas; where we are, what went wrong and what we need to do.
    Ammar Habib Khan has a Masters in Macroeconomic Policy, he is a Risk Manager and Energy Economist.
    Will Pakistan default?
    How to fix the Economy?
    Why the Sehat Card failed?
    Find out this and more on this week's episode of The Pakistan Experience
    The Pakistan Experience is an independently produced podcast looking to tell stories about Pakistan through conversations.
    Please consider supporting us on Patreon:
    / thepakistanexperience
    To support the channel:
    Jazzcash/Easypaisa - 0325 -2982912
    Patreon.com/thepakistanexperience
    And Please stay in touch:
    / thepakistanexp1
    / thepakistanexperience
    / thepakistanexpeperience
    The podcast is hosted by comedian and writer, Shehzad Ghias Shaikh. Shehzad is a Fulbright scholar with a Masters in Theatre from Brooklyn College. He is also one of the foremost Stand-up comedians in Pakistan and frequently writes for numerous publications.
    shehzadghiasshaikh
    Facebook.com/Shehzadghias/
    shehzad89
    Chapters:
    0:00 intro
    01:06 Barcelona & Karachi and what it means to Default
    14:26 lack of talent & brain drain, IMF agreement, Ishaq Dar & fuel subsidy
    24:04 Russian Oil, inefficiency and gas prices, CNG policy
    33:32 Water distribution issues & inefficient use, the textile industry and industrial policy & concessions
    41:53 Govt intervention & elite capture, learning from mistakes, real estate & overheating the economy, gdp growth rates and number fudging
    55:31 Amazon, incentive to produce, Pakistan’s branding, banks & risk/return, SME financing and low income housing scheme
    1:04:30 Sehat Card, formalizing the economy and demonetizing currency, banking in Pakistan and India’s demonetization policy
    1:22:35 keeping cash, UPI, Raast, incentivizing, and loan shark apps
    1:27:15 Q&A
  • Розваги

КОМЕНТАРІ • 645

  • @dodiraj1
    @dodiraj1 Рік тому +116

    Demonetisation happened in India 8th November, 2016 and not 10 yrs ago. And the PM's Jan Dhan Account Scheme for zero balance accounts was launched on 28th August 2014. Approximately 260 million additional bank accounts had been opened when demonetisation was announced.

    • @Critic224
      @Critic224 Рік тому

      What is your point sir ?

    • @dodiraj1
      @dodiraj1 Рік тому +6

      @@Critic224 The point is clear if you watch the podcast

    • @Critic224
      @Critic224 Рік тому

      @@dodiraj1 I did. But I guess you didn’t!
      He said demonize over a period of time ( raat ke 8 baje)
      And sorry! I don’t buy this argument that people would have taken bad advantage if the government had done it over a period of time because of a government is strong enough to envisage such schemes then it is also strong enough to enforce it! As for taking advantage, I personally know many who got their monies exchanged only because they had the right contacts.
      PS - Inique ID scheme was launched by previous government and I remember, at that time, opposition (you know who) was against it tooth and nail… but this scheme came in real handy when they came to power! What an irony!

    • @dodiraj1
      @dodiraj1 Рік тому +2

      @@Critic224 I suggest you listen again. As for who was responsible for initiating which scheme, a Pakistani forum is the last place I would take you on

    • @sandeep.sharma.
      @sandeep.sharma. Рік тому +5

      ​@@Critic224 no need to bug others. just watch it again and again until you get the connection between bank accts in 2014 & demonetization in 2016 on one side; and what was said in the podcast on the other side.
      Jan-Dhan accts laid the ground for digital India, which in turn was accelerated by demonetization and later by Covid.
      As for people with right contacts who managed to exchange hoarded cash, PM Modi castigated those responsible loud and clear.
      A whole community of professional 'right contacts' also had their wings clipped somewhat later.

  • @ravindramorey5433
    @ravindramorey5433 Рік тому +64

    Now this is called a Pakistani mind set. Asking for IMF loan but comparing Barcelona with karachi. Now this is called confidence. Bravo

    • @bharatkapoor4062
      @bharatkapoor4062 Рік тому

      And this is indian mindset making fun of Pakistan everytime to get feel better because china se compare krne ki aukat nhi hai

    • @arjunr5578
      @arjunr5578 Рік тому +1

      😂😂

    • @sangramsingh7747
      @sangramsingh7747 Рік тому +13

      Bhai the guest is comparing with sri Lanka during default stage. But he probably seems to be in some other world that Pakistanis are highly radicalized, their population is 225 million which is illiterate along with gun culture and bonus is they share border with Afghanistan. He presents a very rosy picture. You rightly said the confidence which Pakistanis have is just amazing.😂

    • @jyoti_goswaami
      @jyoti_goswaami Рік тому +3

      😂😂😂😂 seriously itna confidence kaha seate hai ye log

    • @lavanya_sanatani
      @lavanya_sanatani Рік тому +1

      Yes, well once one of our ministers compared Hyderabad with Tokyo. So, let's not get ahead of ourselves.

  • @gauravipal9518
    @gauravipal9518 Рік тому +14

    Petrol subsidy strategy was explained by your deputy finance minister and it seemed reasonable.
    1. Petrol subsidy is linked to the NIC card of eligible people.
    2. Each eligible person would be able to buy upto 10 liters of subsidized petrol in a month. But only 2 liters at a time. By capping liters available for subsidy at a time as well as in a month, you will minimize likelihood that person does not sell the petrol in open market since they actually need that much petrol for their own personal use.
    3. The argument that a land cruiser owner will get more subsidy than scooter owners is flawed for 2 reasons. Land cruiser owner would not be eligible for subsidy and in any case total liters of subsidized petrol is only 10 liters per month.
    4. The argument put forward that demand would expand at a lower price only holds true IF scooters and smaller cars got unlimited subsidized petrol. With subsidized petrol capped at 10 liters per month, the subsidy will not promote demand.
    If I know this as an Indian woman interested in Pak economy and your expert doesn't, it shows you his level of expertise.
    When he casually asked what will China do with Pakistsni port, he is clearly unaware of what they did to Sri Lanka's Hambantota port. They want to use it for Chinese navy for encircling India as part of string of pearls strategy.
    Finally your guest talked about 3 types of loans in the context of default. But there is one more kind of loan repayment which is called operational credit. Money owed by Pakistsn to foreign airlines for service already rendered, to IPPs for electricity already consumed, to exporters whose goods have reached Pak shore but their LCs are not being retired, the Chinese company digging Thar coal who hasn't been paid. Pakistan has already defaulted on operational credit.
    Your guest may be familiar with financial concepts but he is seriously deficient in operational knowledge needed to qualify as an expert. Very disappointed. Much lower standard than your usual guests.

  • @brado_salim
    @brado_salim Рік тому +79

    Only Pakistani podcast I listen being an Indian, giving us neutral insight into Pakistan lived experiences. Shukriya bhaijaan and Eid Mubarak ❤

    • @ThePakistanExperience
      @ThePakistanExperience  Рік тому +2

    • @induchopra3014
      @induchopra3014 Рік тому +7

      Tera Bhaijaan?

    • @arunsar7893
      @arunsar7893 Рік тому

      Same. Absolutely true.

    • @thewayiam30vamshi90
      @thewayiam30vamshi90 Рік тому +17

      ​@@induchopra3014 yes that is called as Islamic brotherhood concept, they don't have concept of country only ummat and universal brotherhood verse 😅

    • @vkcharigvpbroadcasting
      @vkcharigvpbroadcasting Рік тому +22

      @@induchopra3014 Muslims only think their brothers and sisters are only Muslims and non-Muslims are not humans and will be as zimmi or slaves to Muslims. Its teaching of their religion Islam.

  • @shreyasjamdade8549
    @shreyasjamdade8549 Рік тому +52

    In India I feel like ages ago the last time I had used ATM. UPI is best

    • @krishnaSagar69
      @krishnaSagar69 Рік тому +6

      Yeah man, the last time I used cash to buy something was years ago.

    • @sid8285
      @sid8285 Рік тому +4

      I have been living without a wallet for some time now. Everything everywhere UPI

    • @Countryfirst657
      @Countryfirst657 Рік тому +2

      Cash ki need padti hi nhi kahi ............sab UPI lete h ab ......mujhe khud yaad nhi h jb atm use Kiya tha

    • @RajatKumar-lu5pc
      @RajatKumar-lu5pc Рік тому

      ​@@krishnaSagar69 0:09 0:10 0:11 0:12 0:12 0:13 0:13 0:13

    • @zenfernandez4589
      @zenfernandez4589 Рік тому

      bruh i have no cash use for 5 years , every thing became digital after the covid and demonetization . i am happy for modi ji and thanks to ambani's jio revolution everything changed kudos to both of them . only socialist marxist gonna hate them . real people know their value.

  • @jaideepsingh564
    @jaideepsingh564 Рік тому +40

    10:15 Debt structuring of the Hambantota port was done in a way that it is now on a 99 years lease with the Chinese.... Bhai isko kabza Krna hi kehte h indirectly.....

    • @vickyvickz1301
      @vickyvickz1301 Рік тому +16

      Bhai ka US ke liye ticket booked hai lagta, he don't care no more

    • @hassanabbasbhatti
      @hassanabbasbhatti Рік тому

      Lease expire bo jati hai tumhari 2 generations kay liyay hoga kabza bad mai nhi reh ga

    • @manijain844
      @manijain844 Рік тому

      @@vickyvickz1301 true😁

    • @arjunr5578
      @arjunr5578 Рік тому

      @@hassanabbasbhatti jaise Pakistan is a Chinese colony now ?😂

    • @pillalam
      @pillalam Рік тому +5

      @@vickyvickz1301ol that’s what I felt Aisa baat kar raha Hai Ki default is nothing and we don't need to be worried...Jo ukhaad na Hai ukhaad lo

  • @KanishQQuotes
    @KanishQQuotes Рік тому +8

    Demonetization in India was backed by the fact that there was digital payment infrastructure already in place.
    Which also happens to be a robust and reliable system

    • @cherishgp
      @cherishgp Рік тому

      But people were not using UPI at that time.

    • @KanishQQuotes
      @KanishQQuotes Рік тому

      @@cherishgp yup that came a little later, still stores started accepting cards, that had previously not.
      C0vid lockdown is when upi and digital payment really took off.

  • @vsukhani
    @vsukhani Рік тому +6

    The most perfect of the assessment of the situation prevailing in Pakistan is the one provided by Zafar Hilaly ...THE COUNTRY IS MOVING TOWARDS CHAOS AT A HURTLING SPEED. But it seems everyone is sleepwalking into that situation. The rude shock is awaiting them whenever they get out of their sleep...

  • @Abdul.rehman95
    @Abdul.rehman95 Рік тому +93

    I am proud to say that the cost of KYC (know your customer) in India has significantly reduced from 700rs to just 3rs in a few years. This means that anyone can easily open multiple bank accounts from the comfort of their home in just five minutes by tapping a few buttons on their smartphone.

    • @vedantvijay1
      @vedantvijay1 Рік тому

      yes but sill according to librandus modi is destroying india ,

    • @a141tho2
      @a141tho2 Рік тому +7

      It has become very smooth as well. There used to be a time when even a sim verification would take 3-5 days, or an online address update was hectic.Website was slow and poorly designed. Now everything is like hours wait minimum.
      Govts performance in e-governance especially on banking & Finance side has been great.
      If only they can curb down the hate that has become uncontrollable now.

    • @krishna-de2jb
      @krishna-de2jb Рік тому +4

      Mai banaya tha😂 . Payments Bank acc toh 5 min ka kaam h bas banana main Bank acc ke jagah

    • @richardsking
      @richardsking Рік тому +5

      Banking is haram❤

    • @debamalyadey8904
      @debamalyadey8904 Рік тому +2

      ​​@@richardsking muslim countries don't do banking???...as per you religion interest is haram...banking is not haram....where do you think the sukuk bond comes from?...it is part of and maintained by banking system....

  • @Salman23khalid
    @Salman23khalid Рік тому +4

    Overall, an excellent podcast! I always wondered how I can maintain my interest on a conversation for more than an hour, and here I am

  • @neerajsingh5358
    @neerajsingh5358 Рік тому +39

    *Very simple introduction of UPI - last time I visited my bank in 2011, and last I withdrawn any cash in 2016* 🙏
    *Note - I don't live any metro city* ❤

    • @Saral_Lekhi
      @Saral_Lekhi Рік тому +2

      Exactly. Going to the moon was not as useful as UPI. I can say no country is as amazing at technology of ease in financial txn as India is. Pakistanis love sounding intellectual but they talk to each other 😂 and confirm to each other...Bhai hum intellectual hai 😂. Anyways I can sing love songs to UPI. I literally am 99.9% cashless. And I don't worry about carrying a wallet. Just my phone...sun 🕶️, car keys, and my Power Bank ❤! Life is good and soooooooo easy. I hated ATM Visits. In past 4 years I may have visited an ATM 4 times only !

  • @outfiterscollection8938
    @outfiterscollection8938 Рік тому +25

    also india’s UPI system was is already operation for cross border payment in 22 countries and will be available all over world in future

  • @aayanmughal
    @aayanmughal Рік тому +5

    Really good conversation. Thank you. Thank you also for taking in my questions. This was great education, Shehzad. More power to you.

  • @mariasabir3821
    @mariasabir3821 Рік тому +29

    An awesome little podcast to listen to on Chaand Raat :D
    Thanks for another insightful gift Shehzad, and early Eid Mubarak to you and TPE team

  • @ajeetchhari9298
    @ajeetchhari9298 Рік тому +9

    Good podcast regards from all India jalebi association🇮🇳🇮🇳🇮🇳

  • @aahmed0229
    @aahmed0229 Рік тому +2

    Ammar is the best! Love listening to his measured analysis which he always presents in an entertaining way.

  • @mastermandy9225
    @mastermandy9225 Рік тому +6

    Listened to it on Eid day today. Made my Eid day 1. Thanks to both of you ❤

  • @Shrimpspiration
    @Shrimpspiration Рік тому +5

    Another great video. I have been watching/reading Ammar since he used to post on WHE. His advice got me into buying and investing in shares, and make my money work, rather than sit purchasing a land.

  • @BHUPENDRAMONDAL
    @BHUPENDRAMONDAL Рік тому +4

    With integration of AADHAR, I had opened a savings account sitting at home in 10 mins, and I could use the account to do transaction via UPI immediately. that's the power of ZAM stack.

  • @Noname-ep2lz
    @Noname-ep2lz Рік тому +5

    I lost my interest when his knowledge on Sri Lanka port was so little but still watching as it’s shehzad podcast.

  • @kuldeeps90
    @kuldeeps90 Рік тому +9

    Lived in India till 2015, Delhi precisely (1) Never had a Car because Public transport is Superb especially the Delhi Metro System and Connectivity to Other Metro Systems Such as Rapid Rail Gurugram etc (2) Never visited my ICICI Bank till the last week of my stay in India as each and every service is online and superb.

    • @pacman7959
      @pacman7959 Рік тому +1

      You serious. What bit of Delhi system are you seeing. It is massively over crowded. Dusty, dirty. Wouldn't trust the banks. You have to go from one office to another. Any sizeable amount is a massive concern because the bank employees will Syphon it off. What are you on about. Please enlighten me.

    • @pacman7959
      @pacman7959 Рік тому

      ua-cam.com/users/shorts35egcdabn88?feature=share

    • @s9ka972
      @s9ka972 Рік тому +5

      @@pacman7959 I think you are not from India .

    • @kuldeeps90
      @kuldeeps90 Рік тому +4

      @@pacman7959 okay Mr. Troll.

    • @bunnysingh2889
      @bunnysingh2889 Рік тому

      ​@PAC MAN stop your lies i use the metro in delhi
      A paki comes to do his dirt .

  • @muhammadijazulhaq4270
    @muhammadijazulhaq4270 Рік тому +2

    Shehzad Bhai, Please invite Ammar one more time and have a full podcast about energy sector of Pakistan. It will be so helpful for us in understanding energy sector of Pakistan.

  • @Critic224
    @Critic224 Рік тому +1

    Basic Macro-economics is we’ll explained by this guest!
    I think this is a good watch for Economics students from high school to pre-university level!

  • @AbidxArman
    @AbidxArman Рік тому +1

    Thanks for inviting him man.

  • @usmanshafi9345
    @usmanshafi9345 Рік тому +1

    I love your work! We never get to see discussions like this on any TV channel

  • @mehnazfarhan7073
    @mehnazfarhan7073 Рік тому +2

    Loved every bit of the podcast, a complete insight into the economy 👍🏻

  • @meldyfastenersllp1931
    @meldyfastenersllp1931 Рік тому +4

    Please try to have Ammar Habib once more before he leaves for Barcelona. Iam from India and I learn a lot from your Vlogs. UPI system has really been a boon for general public in India.

  • @ketandankhara6138
    @ketandankhara6138 Рік тому +20

    Sir we need “lal topi” guy in the podcast as a guest please…that will be our eidi from you..

  • @umairyaqoob2307
    @umairyaqoob2307 Рік тому +4

    What a candid and realistic man he is

  • @zaheeruddinkhalid601
    @zaheeruddinkhalid601 Рік тому +2

    Great podcast with balanced and well thought out views

  • @caleb-glennmarcus6887
    @caleb-glennmarcus6887 Рік тому +11

    Oye Ammareya, inni nafrataan!!? It's like Diogenes and Jaun Elia had a kid who went to business school and watched Muzammil's videos on loop😅😅 Seriously though; one of the best economy-based podcasts ever on here:)

  • @janjuain79
    @janjuain79 Рік тому +1

    What a master class on Economics

  • @wqr494
    @wqr494 Рік тому +3

    Totally agree about barcelona. love the city and the fact that people walk everywhere.

  • @1993ankush
    @1993ankush Рік тому +29

    Pakistan invested in China's pet projects in spite of its limited financial resources, with the belief that these projects would generate revenue for the country. However, these projects only benefited China. For instance, the Orange Line in Lahore was built at a cost of $58 million USD per km in 2015, while the Mauritius metro rail also opened in 2019, which was developed by India, and cost $18.5 million USD per km. India provided a line of credit without interest, while China provided a loan with a commercial interest rate. This decision-making process has been biased, particularly given India's status as a perceived rival in Pakistan.

    • @raahimkhan6791
      @raahimkhan6791 Рік тому

      Pakistan deserves this after such a failed mindset

    • @IncredibleNeo
      @IncredibleNeo Рік тому +2

      I checked your figures and they seem to be correct..

    • @edgecase1047
      @edgecase1047 Рік тому

      China will do what is in it's best interest, they will trap their client states in debt and control them. It is for the states which are receiving these so called favors from China should look into the devilish details. Yes, China built an airport in Sri Lanka, not a single fight takes off/ lands at the airport. But why did Sri Lankans allowed Chinese to fund and build it?

    • @sangramsingh7747
      @sangramsingh7747 Рік тому

      Their elites are corrupt and most Pakistanis don't realize that.

    • @pacman7959
      @pacman7959 Рік тому

      Dude how many countries would want Indian railways infrastructure in their country. Seriously ask yourself that question. Chinese infrastructure can be questionable at times. But Indian infrastructure is just an absolute joke. So money down the sewer. You can't even maintain your own bridges. Temples collapse, almost everyday scores of people dead because of infrastructure failures. Your generic medicine industry is a laughing stock because poor Africans see their kids die when they take them.

  • @samanthamasters5015
    @samanthamasters5015 Рік тому +13

    I remember watching a protest in pak over a QR code on a cold drink bottle, protestors were saying that " symbol" looks less ke Allah and the cold drink company is " Insulting" their religion 😂😂. The uneducated majority sees Allah in everything, everywhere , so that they can protest ,where Allah " should not be"!

    • @Critic224
      @Critic224 Рік тому +2

      Such kind of things are also happening in India- I remember, recently, one Mr Tyagi was protesting that Ravan effigy should not be burnt on Dussehra since Ravan was a Brahmin… we have to remember that there is a lot of reactionary mentality in our subcontinent unfortunately.

    • @cccc2740
      @cccc2740 Рік тому +2

      @@Critic224 1 person vs whole commuinty...you are comparing apples and oranges here....

    • @sazescalar
      @sazescalar Рік тому

      Indians judging Pakistan over religion is the stupidest thing that I've heard

  • @akarmbhai5441
    @akarmbhai5441 Рік тому +2

    Simple and straightforward these type of podcast is love❤

  • @mohammadiqbalkhan2888
    @mohammadiqbalkhan2888 Рік тому

    Best debate and reporting. Congratulations to the "group of" 170 million YOUNG PAKISTANIS , as represented by young Journalist/ Anchor on this channel. You ARE the TORCH BEARER for FUTURE. Nation look up to you as role models.

  • @sjawadm
    @sjawadm Рік тому +1

    What is the counter argument of the point that the construction industry provides jobs as well as many allied industries are dependent on it.

  • @74vasu
    @74vasu Рік тому +4

    It's amazing podcast, just sharing how the cashless experience has been in India across cities. I have been travelling from Mumbai, to Jaipur to Kolkata, didn't have a penny in cash , paid hotel bills , took cabs and auto rickshaw, had street food and at restaurants. No requirements of hard cash at all. But i think it's not because of demonstration. This cashless economy platform was initiated by Raghuram Rajan as governor of RBI and subsequent governors have pushed it further.

    • @anutube2360
      @anutube2360 Рік тому +3

      We all forget, demonetisation didn’t push this as much as fear or Covid did, for cashless transaction

  • @BHUPENDRAMONDAL
    @BHUPENDRAMONDAL Рік тому +2

    He has a good sense of humour, little dark, little quirky, well intended.

  • @adamhill847
    @adamhill847 Рік тому

    Very Nice. Loved it !

  • @prabhashjha7796
    @prabhashjha7796 Рік тому +3

    I disagree and maybe the speaker living in dillusion. Humbantota port in Sri Lanka has been leased off to China for 99 years. So, technically, it is not being bought, but it has been given to them like forever. Second, they will develop it not for commercial purposes rather for military purposes. So, stop thinking just from your 'economic' perspective.

  • @yjkbuddy
    @yjkbuddy Рік тому +14

    I still can't believe that in India every business uses UPI... What a change..i love it..

    • @teampunk1356
      @teampunk1356 Рік тому +11

      @@hassaanawan367 have some shame man

    • @yjkbuddy
      @yjkbuddy Рік тому +17

      @@hassaanawan367 is your mother with you or you sold her to Chinese...🤣🤣

    • @yjkbuddy
      @yjkbuddy Рік тому

      @@teampunk1356no probs bro i have given him the dose... These beggers have no aukat... They sell their dignity for money.....

    • @arjunr5578
      @arjunr5578 Рік тому +11

      @@hassaanawan367 what a way to celebrate EID

    • @mrgyani
      @mrgyani Рік тому

      Now UPI will charge fees for transactions above 2000.. 😂

  • @kaushal316
    @kaushal316 Рік тому +5

    Good to hear Ammar explaining the benefits of demonitisation. Shahzad seems to have his info on that from silly players in some of the Indian media (read lefty).

    • @ThePakistanExperience
      @ThePakistanExperience  Рік тому +1

      Go through the comments. People are split on demonetization. I don't know about it enough to know which side of the argument I am on.

    • @kaushal316
      @kaushal316 Рік тому

      @@ThePakistanExperience Well now you know. Great show though. Love watching TPE.

    • @s9ka972
      @s9ka972 Рік тому

      @@ThePakistanExperience Demonetisation effect was neutral , I would say It wasn't much beneficial But UPI was surely a game changer

  • @QQ-go7ft
    @QQ-go7ft Рік тому +2

    I am an Indian residing in USA and frequently listen to your podcast.This particular podcast is one of the best.Forget about “Pakistan Experience “, this particular podcast is a must listen to for anyone who wants to learn how economy works.Please invites this guest again.

  • @TalhaQureshiYT
    @TalhaQureshiYT Рік тому +1

    Ammar is so clear in his thoughts and makes a lot of sense. Someone please give him a government role

    • @durgeshsingh5220
      @durgeshsingh5220 Рік тому

      Nobody gives government role to Muhajir.

    • @userBilal91
      @userBilal91 2 місяці тому

      Govt roll de kr Kia hojai ga ruling elite apna khilaf koi law implement ni hona de gi

  • @ufaqkhan9021
    @ufaqkhan9021 Рік тому

    Very insightful conversation. Thanks

  • @swastik1153
    @swastik1153 Рік тому +15

    One year ago he was saying pak can't refine russian oil and today he is not an expert on this😂😂😂

    • @NewYork0110J
      @NewYork0110J Рік тому +4

      Pak still wont be able to refine. They may buy refined oil from China or Russia and exchange that oil with China or sell in open market. They will try to sell that oil for some profit to western nation. They will go to russia with begging bowl and may be able to receive some alms and then trade it. Good thought for Pakistanis

    • @swastik1153
      @swastik1153 Рік тому +8

      @@hassaanawan367 Mashallah brilliant English, now eat🦴

    • @manu.ba374
      @manu.ba374 Рік тому +1

      ​@@swastik1153Bark karne ke liye tum loog specialy yahan atay ho par haddy hamein de raho ho😢
      Lundians that's not good😠

    • @swastik1153
      @swastik1153 Рік тому +13

      @@manu.ba374 aate ki line me lago yaha kya kar rahe ho🦴

    • @avtarwasson4875
      @avtarwasson4875 Рік тому +4

      Don't work hard? Allah will give to Pakistani

  • @ketandholetar5072
    @ketandholetar5072 Рік тому +3

    @the Pakistan experienced. Regarding brand of Pakistan, lots of Pakistani restaurants in UK, Europe, Canada, Australia &. USA does their business as Indian cousin

    • @himanv
      @himanv Рік тому

      And I wish they would stop doing that. Bangladeshis too. Bad product but trading on the goodwill of the Indian name. Totally haram-khor.

  • @mohammadiqbalkhan2888
    @mohammadiqbalkhan2888 Рік тому

    #TPE Best debate and reporting. Congratulations to the "group of" 170 million YOUNG PAKISTANIS , as represented by young Journalist/ Anchor on this channel. You ARE the TORCH BEARER for FUTURE. Nation look up to you as role models.

  • @fahad561
    @fahad561 Рік тому +2

    Brillant stuff and I must pay my regards to Ammar Habib's articulation and easy to comprehend issues/conundrum faced by the country, it's sad that people him aren't behind the rudder of economic policy in Pakistab. If we are ever to see Pakistan climb out of this quagmire alive then we need people like him in policy.

    • @ThePakistanExperience
      @ThePakistanExperience  Рік тому

      🙌

    • @sangramsingh7747
      @sangramsingh7747 Рік тому

      What's the use of by taking these people when your elite is fighting for their own peace of cake.😂. Look at the scenario very recently IK hired a finance minister and within no time he was sacked just because he is a ahemadi. Lol...

  • @xoundful
    @xoundful Рік тому

    Loved the discussion!

  • @RRR.MET27
    @RRR.MET27 Рік тому +4

    Now UPI can be connected to credit card. Scan the QR, pay amount and amount will be deducted from the credit card.

    • @anujthakkur4161
      @anujthakkur4161 Рік тому

      Oh how can u guide me please

    • @RRR.MET27
      @RRR.MET27 Рік тому +1

      @@anujthakkur4161 u will need rupay credit card

  • @zeshanaslam3992
    @zeshanaslam3992 Рік тому

    Shehzad bhai apka sense of humor boht zbrdst hai lekin ammar bhai kafi serious admi hain ap ne kuch hansny ki baatain ki lekin unho ne total ignore kia ... Lekin ap tension na lain hum apky sath hansny mai full zor se shareek huey... By the way ... Very informative vlog ... Boht kuch seekhny ko mila khaas tor se resources or real estate wali baat mai ... I hope ammarbhai dubarabhi apky liey time nikaalain ... Boht shukria ... Keep it up... Masha Allah.

  • @huzaifamadni2274
    @huzaifamadni2274 Рік тому +1

    Also supreme court did not fix the price. It actually removed the fixed price on samosa

  • @AnisChandio
    @AnisChandio Рік тому +1

    Ammar is always on point and objective.. always look for his insights or views whenever there is a dumb decision announced by the Government. I just wonder why guys like him never make it to the Decision making process or the meetings where such important decisions are taken. Folks like him, Atif Mian and Uzair should be part of such teams and i believe then only things can turn around. Otherwise we are just doomed tbh

  • @rameezahmed3863
    @rameezahmed3863 Рік тому +1

    Demonetization of the 5000 PKR note, that is an interesting idea. All that money would go back to the formal economy.

  • @zohaibhassan486
    @zohaibhassan486 Рік тому

    Very informative, great job

  • @sangramsingh7747
    @sangramsingh7747 Рік тому +3

    I agree that there are countries who have defaulted but what's their economy size and what's is their population size. I mean can someone imagine a country without power or petrol with population size of 225 million people. It's not that easy which the guest is talking about. And one more thing is that there is no radicalized society in sri Lanka and Argentina like countries with gun culture and looking into the political crisis there will be chances of implosion. So it is not going to be so easy task.

  • @bharathfsf3686
    @bharathfsf3686 Рік тому +1

    The price of electricity/energy matters as it will affect the productivity. With higher price of energy, the price of exports would increase and exports would lose its competitive edge in international markets.

  • @redcancerian
    @redcancerian Рік тому +1

    Such a good episode 🎉

  • @thesherazjaved7478
    @thesherazjaved7478 Рік тому +3

    1:32:48 This is meme template😂🔥

  • @bnsingh6028
    @bnsingh6028 Рік тому +3

    In India , hospitals also charged more from insurance covered patients. Seeing inflated bills, all the health insurance companies came together and capped the charges for most of the diseases. This curbed the malpractice. They also capped the room rent to 7.5% of the coverage. This brought sanity and insurance companies to a large extent are not being cheated.
    As usual, the podcast was enlightening Eid Mubarak Sehzad.❤

  • @MehwishSuleman-ye4sm
    @MehwishSuleman-ye4sm Рік тому +1

    Commenting as a placeholder.

  • @kishwerchaudary1340
    @kishwerchaudary1340 Рік тому +1

    What is the deal between China and Sri Lanka?
    In the case of the port in Hambantota, the two countries have recently come to a deal with Sri Lanka selling a 80% stake via a 99-year lease in the port to the state-run China Merchants Port Holdings, while Sri Lanka retains control of port security.

  • @Salman23khalid
    @Salman23khalid Рік тому

    Very insightful!
    However, I must add that exports entail a tax of 1% on revenue. However, the main problem with production in Pakistan lies in the lack of basic industries (we dont even produce screws and plastic) and skilled/technical human resource. and therefore the main raw materials would need to be imported. Hence, our productionw is not competitive in the international market. Our industries struggle to compete with imports even after protectionist measures, let alone competing in the international market.

  • @cashifiqbal2
    @cashifiqbal2 Рік тому

    that legendary place at LightHouse is Qaiser Restaurant !!

  • @gauravipal9518
    @gauravipal9518 Рік тому +2

    Manmohan Singh gave petrol subsidy. Modi doesn't BUT mass public transport has gone from 5 cities to 20 cities. Number of kilometers of metro has already doubled since 2014 and it is on track to triple in next 3 years.

    • @vedantvijay1
      @vedantvijay1 Рік тому +2

      because of modi we are in the same league in digital services as china and usa . fantastic implementation of digital india till now

  • @dodiraj1
    @dodiraj1 Рік тому +4

    Your Medical instruments industry has moved to a great extent to Germany. Blanks are manufactured in Sialkot ( basic production processes which require all the dirty work), exported to a Pakistani owned factory in Germany where it is finished and branded and exported all over the world. The German entity makes the major chunk of the profits

    • @syedmuhammadfaheem8662
      @syedmuhammadfaheem8662 Рік тому

      How do you know so much about Pakistan. We Pakistanis dont know much about indian exports i guess.

    • @dodiraj1
      @dodiraj1 Рік тому +1

      @@syedmuhammadfaheem8662 I am a Procurement Consultant for new Hospital and Hotel projects. Part of my job is to be aware of latest developments in international trade

  • @ahsanhabib9820
    @ahsanhabib9820 Рік тому +18

    Excellent podcast,we need young economists like Ammar to be in the finance & planning mimistry rather than importing İMF & world bank current & former employees .

    • @ThePakistanExperience
      @ThePakistanExperience  Рік тому +2

      🙌

    • @k1n9_
      @k1n9_ Рік тому

      ​@@ThePakistanExperience thanks very informative

    • @vkcharigvpbroadcasting
      @vkcharigvpbroadcasting Рік тому +1

      copying Indian system is better to you as u r not able to create any thing.

    • @baazinews1027
      @baazinews1027 Рік тому +3

      @@vkcharigvpbroadcasting That will not work for them.
      They are different people ( Religion, Culture ) and their systems ( Military Deep State Control ) are different. Only solution for them can be that their Ashrafiya and Military Leadership gives up some of the control and empowers the lower class.

  • @AS-sf7hr
    @AS-sf7hr Рік тому

    Excellent podcast🌟🌟🌟🌟🌟

  • @akhilaprashanth8269
    @akhilaprashanth8269 Рік тому +4

    Eid Mubarak Shehzad.🙏
    I think covid accelerated UPI in india, no one wanted to touch money physically...
    Do invite Abrar Hassan (WildLens) on your podcast...please.🙏

  • @sahilyarmuhammad6055
    @sahilyarmuhammad6055 6 місяців тому

    Brilliant Podcast. Ammar Khan really explained difficult concepts in a simple manner. One thing, I noticed this episode has almost 7 minutes of black screen at the end. Did your editor make a mistake?

  • @AmirAli-bv6ic
    @AmirAli-bv6ic Рік тому

    Always great

  • @mahnoorawan6554
    @mahnoorawan6554 Рік тому

    Tanks and Tankers😂😂😂loved it

  • @jajua10
    @jajua10 Рік тому +1

    for comparison to Indian policy making in Industrial and Public transport infrastructure, Shehzad can engage with Harsh Madhusudan or Rajeev Mantri.. both are known to Kushal Mehra..

  • @gauravpatil9805
    @gauravpatil9805 9 місяців тому

    can you please explain what is current structre and price of gas distrubition in pakistan and how lpg is different for them

  • @cherishgp
    @cherishgp Рік тому +3

    1. Your guest failed to point out that Pakistan has not allowed some already opened LCs to be honored, it has not paid several foreign airlines for services already delivered, it has not paid IPPs for electricity already consumed. All these are operational creditors rather than financial creditors. Pakistan has ALREADY defaulted to them since they have NOT agreed to roll the debt over unlike China, Saudis or UAE. So Pakistan HAS defaulted.
    2. Kya karenge port leke? Clearly your guest is completely clueless about geopolitics. It is part of their string of pearls strategy to encircle India. The same reason that they took the Hambantota port from Sri Lanka. Their submarines and naval ships will dock there.

  • @sangramsingh7747
    @sangramsingh7747 Рік тому +4

    A person comes to your home and while you owe him some money 💰 . He eats there he sleeps there until you say that I will lease this home for 99 years and you shift to another floor of that house. Now tell me can the house owner take the decisions in his interest. And this guy tells there is no meaning of default and leasing of humban tota port for 99 years. Kahan se aate hai ye log. 😂

  • @josshibu1
    @josshibu1 Рік тому

    Very good one

  • @chidakashpandey830
    @chidakashpandey830 Рік тому

    Very informative

  • @muhammadsauood2089
    @muhammadsauood2089 Рік тому

    Excellent podcast

  • @hassantalib2911
    @hassantalib2911 Рік тому

    Very nice podcast

  • @vijaypoola8733
    @vijaypoola8733 Рік тому +1

    Until n unless pakistan stops paying interest on loans we can't call it default.

  • @ec1014
    @ec1014 Рік тому +2

    You are talking of Modi’s policies; Jan dhan yojna and demonetisation followed by make in I dis and direct benefits transfer.

  • @WorldPrimeTime
    @WorldPrimeTime Рік тому

    دی پاکستان ایکسپیرنس ماشا اللہ ۔۔ بلاشبہ آپ کی ادب کی ترویج وترقی میں بہت اہم کردار سمجھا جائے گا۔۔ ہم بھی اردو کتابوں کے تبصرے اور کتاب کلچر کے فروغ میں کام کرتے ہیں، امید ہے ہمارا کام آپ کو پسند آئے گا۔ شکریہ

  • @usamamanzoor3585
    @usamamanzoor3585 Рік тому +1

    You do brilliant podcasts. However, long duration makes it quite difficult to listen it in one go. Kindly parts main upload kardiya karen 🙏

  • @kirangokarn7917
    @kirangokarn7917 Рік тому +1

    Eid Mubarak Shehzad. Another brilliant episode on a globally and subcontinentally relevant topic. Keep it up 👍

  • @sunnyrajput1912
    @sunnyrajput1912 Рік тому +3

    This guy is dead wrong, it's much more efficient to use gas as a cooking source directly rather than converting gas into steam and then electricity and then converting that back into heat for cooking. Conversation of energy takes a toll on efficiency.

  • @shishirtamotia3992
    @shishirtamotia3992 Рік тому

    Ammar Sahib’s statement, “ water is not a resource but a distribution issue”? That’s what we have assumed in India too and we are also suffering.

  • @KamranShahidIsOnline
    @KamranShahidIsOnline Рік тому

    yar kya zabardast banda hai.

  • @pertabrai9381
    @pertabrai9381 Рік тому +2

    Eid Mubarak ❤

  • @mustafa9201
    @mustafa9201 Рік тому +1

    Behtareen Podcast. 100k subscribers par Studio Upgrade? 👀

  • @MrMaddss123
    @MrMaddss123 Рік тому +1

    very rare to see logical and learned guest! very well soken! difficult to digest that he is Pakistani

  • @Shrimpspiration
    @Shrimpspiration Рік тому +1

    QR and the chips have CNIC data. Have tested both.

  • @msulemvn
    @msulemvn Рік тому +1

    13:20 food inflation due to transport prices

  • @saimahirani3836
    @saimahirani3836 Рік тому

    Thanks

  • @peace2108
    @peace2108 Рік тому

    Wonderful

  • @nalinikoutha2091
    @nalinikoutha2091 Рік тому

    One of the export potential discussed was basmati Rice and salt export. But how much will you export. World over salt consumption will decrease.

    • @sangramsingh7747
      @sangramsingh7747 Рік тому +1

      They have been exporting salt worth of just 1 billion dollars to seventy odd countries and even if you take all nearly 200 countries then what will be the revenue hardly 2 billion. Typical Pakistani mindset.😂

  • @biorig
    @biorig Рік тому +1

    Hambantota port has been leased for 100 years, it is as good as taking over.
    Also the Chinese are now free to park their nuclear submarines and carry out indian ocean operations overcoming any sovereignty protests by Sri Lanka.
    That is what taking over means for China.