Another Sri Lanka In The Making? Pakistan On Brink Of Economic Ruin | Insight | Full Episode
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- เผยแพร่เมื่อ 18 ก.ค. 2022
- A growing debt crisis, dwindling forex reserves and soaring inflation have pushed Pakistan to the brink of an economic disaster. These were some of the factors which contributed to the ouster of former Prime Minister Imran Khan in April this year through a vote of no confidence. His removal has created a turbulent period of political instability and uncertainty in the country.
Today, the Pakistani rupee has been in free fall. It plummeted to an all-time low of 211 against the US dollar only in June this year, adding further pressure to the Pakistani economy. It now relies on financial aid from the International Monetary Fund (IMF) to help stave off an unimaginable economic crisis.
With the economic crisis deepening, all eyes are on Prime Minister Shehbaz Sharif to ease sufferings of his people. Can he get the country of the woods? Or is Pakistan another Sri Lanka in the making?
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The fact that not a single Prime Minister has ever completed his/her terms says a lot about the people in power in Pakistan. The real victims here are the ordinary folk.
@Zack Smith so, they need to fix up their governance, what else is he implying
@Zack Smith political stability is much needed for economic stability. It doesn't mean that only political stability is enough. Think a little
@@siddhantgarodia3381 Pakistani agar soch sakte to bhik nahi mangni padti unki😂😂
What's so surprising? It is the Army that controls everything in Pakistan. Political leaders are just puppets.
@Zack Smith laden was found in pakistan and taliban was also a brainchild of pakistan granted US too supported it , pakistan is lucky not to be blacklisted in FATF
"We will eat grass but build nuclear weapons"..This quote matured like fine wine
India has higher hunger rate compared to Pakistan
@@madniv786 Maybe. But our economic policies are at least aligned to counter that. Pakistan's policies are unfortunately more focused on serving military. Hence voila...
@@miso1076 india policies are focued on serving brhqamins , of the brhamins , for the brhamins , by the brhamins in brhamn republic of india .
Ok start eating grass
Nuclear weapons are for India. Godforbid when Pakistan dies we will use them against India. We will drag India our enemy number 1 along with us.. Bet it.
Other Nation - Has an army .
In Pakistan - Army has a nation 👍👍👍
They can't complain british was fair now just love for everyone even talaban they bring love and great future
This is so stale can't you come up with something new.
Many nations have have Army with political clout. Doesnt necessarily mean they dont grow. Pakistan's economic issues are more complex than simply blaming its Army.
@@AAmed1980 military is sole to blame for today’s crisis, its open truth but sadly Pakistani people still proud of pak army, what a shame
@@shailendrapatil9836 You dont really have an understanding of the dynamics between the centers of power in Pakistan but somehow pretend to know the exact issues at play! I dont claim to understand the intricacies of Indian politics, but somehow, you Indians can magically gleam everything about Pakistan! Amazing!
If CHINA is your friend, there is no need of enemies 😄😄
Much better than you Hindu
@@mohammedkhawar2148 you see religion in everything
Typical Pakistani 😂
@@deepak-ku7nv bcz you people has a great role in Pakistans weak economy. Can you find the reason of gandhi jee death? Go nd find it. Then you will get to know what is hindu to Muslim
@@sumiraayaz1361 lol yes I agree with your second statement
But what you guys have done to gandhiji? He tried hard to unite everyone, do you guys even remember him? Is there any place for him in your textbooks?
And stop this blame game. No one forced you to take a stand in geopolitics yourself responsible for your country's economic situation.
@@mohammedkhawar2148much better to have enemy than converted mulla as your friend
"They have not admitted a poor child into school nor have they built a masjid in Pakistan."
- The day the People of Pakistan think beyond Religion is the day they would start emerge as a Better country in this world.!
@@jakelittle1261 The Religion is the main reason for the creation of Pakistan. It transcended into its Educational system and dwelled deep into its society and thinking.!
Stop beating around the bush!
Ghazwa-e-Hind exists in the minds of most people of Pakistan!
The entire Economic system of Pakistan runs around trying to destroy India and capture Jammu & Kashmir and not working for the growth of people of Pakistan.
If the average person in Pakistan really thought about his country, then they would have elected an Secular, Economically strong, Rational thinking party as its Govt.
BTW, Secular is banned word in "Islamic Republic of Pakistan"
@@jakelittle1261 "We will eat grass but build nuclear weapons" shows the mindset of the Pakistan Govt and its people support for it! Any rational society with tiny amount of thinking capability would have protested strongly against such stupid decisions by their Governments.!
In paki army n politicians control 90% of nation wealth while the rest 90 have 10% to scratch
this country was build on the base of religion it is in our blood and dna to spoke about al mighty creator his magnificence and the mercy he showed his creations those who remain steadfast and unwavering are the once how succeed "there cannot be light without dark no gain without pain no sunshine without rain " only those who endure the storm are the once who see the rainbow" do not speak blasphemous words about my religion speak what you want about the country because you never know when the creator decides its time for you to go
@@ashking6371 .....
The fact of the matter is that the Pakistani army is also responsible as much as the corrupt politicians of Pakistan for the current situation of the country.
Pakistan is surviving on foreign financial support for the last 74 years. It is a failed bankrupt country.
Until you realize that pakistani army is most corrupt.
@@aniruddha3431 agreed bro!
Whole south asia is set to be doomed except Maldives or bhutan I think so .
Democracy can't work in south asia no matter how someone try too hard as the region is too diverse and discriminate it's own people too much .
Some cultural revolution need to be done there
To be honest that region is worse than Africa a part of Asia .
@@pikachuthunderbolt3919 "except Maldives" did you ever hear of rising sea levels
This is Pakistan’s own fault. Years of investing in terrorism rather than development which would have created revenue and political stability. I feel bad for the common people who are getting crushed due to years of bad governance and corruption.
Even after 80%, still unable to clear terror 😢
Fact is, when you listen Pakistani people speaking in Their language, it never goes beyond few key words - AIIah, mugumamad ® apist, China, Amrikka*, Hindustan, Musalman, lsIam, Atom bomb, superpower, Ummah, Saudi.
You ask anything and 99% people mention most of the above points in their answer.
U forgot that kanjri of your môm
Must be embarrassing to be a blatantly obvious indian posing as an ex muslim to theow hate at pakistan and islam. Stop it hun
True😂
1 more thing: kashmir
Yeap, no talk about development, progress, science, etc.
Pakistanis : Government provide us nothing. why ?
Government : How can we provide when No investment is coming why?
Next day someone draws cartoon , 50000 miles away in another contient . Entire Pakiistan goes boom . investors goes boom . pakistanis still asks why our country is like this ?
Didn't Samsung in Pakistan recently felt the heat over a QR code?
Haha same here in Indonesia
@@JitzyJT When pakistan was rich they send terrorist to india and fund india separatist group and kashmiri pandit genocide
Ola hu Uber kaboooooom 🔥
@@cleancleaner6993 Poooooorrrrr paxtani, beggars, Tata group market cap-$ 350 billion dollars
Reliance - $ 300 billion dollars
HDFC - $ 250 billion dollars
Even IPL-$ 20 billion, But poor paxtan is begging just 6 billion for IMF😂😂😂😂
Pakistan's cabinet minister just two days ago suggested his people to move out to Europe and other western countries and produce as many children as they can in those countries , to spread Islam.
That's Pakistan's real problem ( Islamism embedded in the very core of every Pakistani) along with hostility towards India that Pakistan's army is so committed to ever since India's partition in 1947.
i as a pakistani, apologize to u for this statement becuase we all know how corrupt cabinet minister are and how much they are un ethical and un educated
I think Europe deserve it for their hypocrisy towards others countries in the name of Human rights,secularism and Islamophobia.
Good let them come we need some additional slaves for our future work camps
@@kevindebont8898 yes, because that is what you are good at, making slaves of those who are not white... the real root of all evil in this world is your kind 💩🤡🖕
@@kevindebont8898 don't stoop to their level - Pakistan's political culture doesn't have dignity and self-respect, this doesn't mean that you must lose it too.
Pakistan 's hate and jealousy towards hindus led to their downfall. Pakistanis will maintain good relations with Atheist muslim supressing China but not Hindus beacuse fake ego will be hurt.
@@zyT175 pakistan's whole existence is based on hatred towards hindus. If there was no hatred why the pakistan was created at the first place? In 1947 the power was shifting to hindus again democratically; the muslim ruling elites who were suffering from superiority complexity considered hindus ' inferior ' and hence demanded a seprate nation.
India has moved so far ahead that it doesn't even think about Pakistan anymore. The media or govt line doesn't mention Pakistan these past few years. News is mostly about infra push, railway upgrades, record road building, different government programs, hosting g20, etc. PM Modi himself said in an interview 2 days ago when asked, "I hope they get two meals a day, we've moved too far ahead of them. We're concerned with our development, we don't think about it in terms of Pakistan" India is becoming 3rd largest economy in the world in 2 years, fastest growing, and has set 2047 goal to be developed. a $4 trillion economy that has countless ongoing projects in all areas, a far cry from Pakistan bailout-driven, debt-riddled failing economy.
Poor country with nuclear weapons 😭
“We(Pakistan) will eat grass, even go hungry, but we will get one of our own (Atom bomb)”
- Zulfikar Ali Bhutto, former prime minister of Pakistan
Actually, even today they never eat grass. They got military aid from Nato,US
It's indians that ate grass and built our nation with hardwork.
@@nishant4262 Well, yes. But now they eat once a week.
Actually the prime minister had a heavy meal,, the grasses were eaten by common people :)
@@pikachuthunderbolt3919 Perhaps what you said is true to an extent but I was trying to highlight the stupid war-mongering attitude of Pakistan.
@@pikachuthunderbolt3919 India is best example, thousands of language, religion and culture still standing still for last 75 years under democracy. We work for future not some stupid 1400 year old religion.
Country that values more on religious fundamentalism than economy and evolution!!
Nothing compared to religious extremist in Hindu Rastra india
My country is going that eay too,
RIP
@@mohsenkhan741 AQ, IS IS,LeT and dozen more: are we a joke to you?
@@forwardobservations8222 Bajrang dal Saab extremist ka baap hai
@@mohsenkhan741 🤣🤣 bc bajarang dal ko 1% janta ko bhi shayad pata hoga. India is so big and diverse. understanding india is not in you capacity of mind
The condition of that toy seller lady made me cry.People just continue to suffer irrespective of nationality.May God help everyone suffering from destitution
After suffering persecution the religious minority Hindu and Christians in Pakistan will be impacted the most😭😭
This happens when your leader say...We will eat grass but make nuclear bomb..
@Zack Smith ..it seems financial instability, poverty, heatwaves, lack of water, population uproar, etc. is a far great threat to national security.
I guess they could nuke themselves to "get over it".
@Zack Smith My foot, it was useless.
Once Bhutto said "We will make nuclear weapons even when we have to eat grass" stop crying eat grass now .
With drought, even grass is not available in Pakistan.
Indians have been eating grass since 19the century
@@newbiekhyber They Need To Burn The Q Book Just To Cook 🔥 The Food 😅
@@oki_0074 I really don’t know why you would make such comments. Pakistans economy is on the brink of collapse, you realise that’s million of people suffering, this is real life, not a I’m better than you game. You realise that people in India are suffering the exact same difficulty. I would never hope anyone on any side of the border starving to death. There is no way either can come on top by going after each other’s throat, you can cheer your government and despite that people like you and me will still suffer
@@affankhan3031 lol no things are not that bad here plus poor people here can buy ration at very low prices like rs 1 for a kg of rice or wheat
Pakistan's main focus has always been to fight India and now they are facing the Consequences!!
It is sad to hear the man saying, “It is wrong to expect anything from them”. At the end of the day, it is the people of the country who would end up suffering the most…
Interestingly CNA chooses not to say anything about Chinese led CPEC project or Army's role in Pakistan or Nuclear weapons or the religious extremism. The entire blame is put on politicians who don't have true power in Pakistan and haven't ruled the country throughout it's existence. Blame is not just on the welfare schemes but on the entire political, social and cultural DNA of the country.
Just like RSS loving modi
@@arslansattar5699 Yes, RSS and Modi are Pakistani. Right?
@@arslansattar5699 RSS doesn't control India's foreign policy.
@@VMRDY can't see with your eyes.
@@jirachi-wishmaker9242 modi do.
34:50 She cannot afford to send her kids to school because 2 USD for each child is too much for her. At the same time, the Pakistani government spent billions on the military budget (??!!) Should not education be a priority for countries like Pakistan? And yet they can´t provide even elementary education for free...
From the internet: Pakistan has announced a 2022-23 defence budget of PKR1. 53 trillion (USD7. 5 billion). The allocation is a 12% increase over the original military expenditure in 2021-22 and a 3% increase over the revised expenditure last year of PKR1.
Edit: 40:00 "Pakistan the land of peace". Should I laugh or cry?
Pakistan is a idea…. Pakistan doesn’t have army…. Army has country Pakistan….
same in Thailand, super elite rich, like richest king IN THE WORLD with 60 billion $, while people earn 10$ a DAY
The problem is that Pakistan doesn't have funds and education! Now what will happen is that if the people become educated enough in pakistan to know how far the world has came and how behind they are people of Pakistan will start questioning the Government that see this is happening in that country and this is happening in that country when will we get it! Rn what pakistan does is that it shows the public that we are much better than others and keeps them in a hoax! So Pakistani Gov itself doesn't want the public to be educated to this extent that they start questioning the Government!
Pakistanis are overproud with their army, than their economy.
It is allowed insulting government rather than corrupt army.
You should be knowing by now. There is one thing that is not available in Pakistan which is "Brains"
Economy - Real Power Of Any Country 👍
What about the Christians in Pakistan?? ✝️🙏🏼
Defense budget is 7.5 billion USD, all this economic problem is to just get 1 billion USD from the IMF.
If Pakistan reduces defence budget by 1 billion USD, no need to go through hyper inflation.
It's batter for india that they die this way 🤣🤣🤣 shitty country anyway
HINDUSTAN ZINDABAD
you are saying this like the army of Pakistan does not decide budget for the govt
When was the last time Pakistan engaged in a full fledged war?
After 1971 it was always proxy war.
India just now implemented Agniveer program to reduce defence expense, Pakistan can also do same.
They have to cut more than $1 billion, most likely a good chunk of this budget is borrowed money. The Pakistani army would rather let a million citizens die before giving up their budget...
They have increase it to 15 billion dollar 😁😁😁
Wonder why Pakistani men have 8 children in this video at 16.25? Isn’t 2 enough? Never understand this mindset where the parents can’t provide for their children but keep giving birth to children. Shocking that they raise children who are effectively handicapped on the day they are born. What a shame.
Birth control is against their religion, or some say.
@@black_rx4549 doesn’t matter. We need to do what is right for the country and not follow what someone’s religion or mullahs tell them. If you have more than 2 children, I say cut state and federal benefits and I would actually raise personal income tax for every child that a couple creates beyond 2.
@@surudog4929 better option is to follow what China did
Same thing thier community Is doing in India also 😭😭😭😭😭😭
@@surudog4929 no one follows mullahs cause most of them throw extreme thoughts and shove them into our brain most people in Pakistan find them annoying because these mullahs don't study Islam properly 🙄
Good work CNA👍🏻, nicely explained the situation.
40:00 pakistan the land of peace🤣🤣🤣🤣😂😂😂😂
I feel very much sorry for the people of Pakistan, but the cruelty Pakistan has done to my country (Afghanistan) is not forgivable, we cried a lot and begged Pakistanis to stop supporting Taliban, but it never worked. Unfortunately this world is world of cruelty, we cry for what comes to ourselves but do not care much about what our countries do to others.
LoL. Afghanistan has been hostile to Pakistan since Pakistan was founded.
I wish prosperity for entire Indian subcontinent, almost every country of our region is facing bad time... Hopefully good days will come soon
@@gurvindersingh-ii5so the conditions of India and bangladesh aren't even half as bad as the other countries
@@AtheistNationalist well I really don't know about Bangladesh in details but India we are certainly facing many challenge like high inflation, high unemployment, less wages, high tax rates above all religious harmony is also on toss, there is less trust between people of different faiths... China is sitting on Ladakh from last two years and it seems that India will lose quite a bit land there, then rise in temperatures and change in weather pattern.. I can see lot off issues.. I am not a negative person but many of these issues effects us in our daily lives so I mentioned here
@na yoobi: I am an Afghan too. What Pakistan has done in Afghanistan has been criminal. I wish I could be as kind as you and feel sorry for the Pakistani people. I don’t. I wish for complete destruction of this British colony/regime.
Every Army chief in pakistan moves out of Pakistan and settles in the west after completing his tenure. Kids of all high ranking army men study in US and Europe and most of them hold the dual nationality. The leader like Nawaz sharif and family are based out of UK, family of zardari too are living outside. Imran khan has family in UK. Most of the politicians and rich have there families outside of Pakistan. How do you expect this country to get better ever? Pakistan will never get better because no one cares about Pakistan. The Army feeds them the opium of Kashmir and enemy Hindu neighbour and common Pakistani is happy with that.
That's good observation that Pakistan Army officers and political families live outside Pakistan, whereas in India All Nehru Gandhi's generation live in India. Even many Expats had returned to India and created Unicorn startup like Flipkart etc
@@vishnathbhatt Flipkart should not have sold to Walmart that was a mistake
Your last sentence is incorrect. Common Pakistani has just realised what has happened to them thanks to social media. Days of single government channel propaganda are over
@@shoutforit
But still people have no power.....they are just labour.
Just like how a king ruled......it was about wealth and power......people.dont count
True ??? The PAkistan is a actual Princely state . The British Raj no over ...........LOL LoL
Awesome video! Thank you!
40:00 I laugh after seeing that board 🤣🤣
Peaceful community osama bin.
They preferred to spend a lot of money on Military instead improving quality of life it's own people.
military spending and showing power sells......easy pickings for elections
Yes along with that religious fundamentalism
@@vkchaitanya2003 When pakistan was rich they send terrorist to india and fund india separatist group and kashmiri pandit genocide
When you state "they" you mean the political.leaders,not the common people who,in the end,pay the price
Just take a look at the DHA homes in Rawalpindi, Islamabad, Karachi or Lahore. These generals and families live a life of opulence. We in the US can’t dream of such homes in-spite of working so hard. The military is a curse on poor Pakistanis.
Uncomfortable truth of the matter is, Pakistan has been a failed state for a long time. The only thing that keeps the country going is aid from outside.
Hahaha aid from where? Are u talking about India who getting large amounts of aid from UK Japan Germany and US
@@naeemveera6260 Is money to purchase a more apt description?
@@naeemveera6260 India getting aid? Wake up and smell your tea!
India just now have 70000 tons of wheat for Afghanistan and Yemen
Don’t worry, when Pakistan bankrupts India will be the first to help
@@naeemveera6260 there is difference between aid and investments
@@naeemveera6260 lol 😆 India's economy is 3+ trillion $ , none of aid goes to govt. It goes to some NGOs which fund religious conversion in india.
Pakistan failure started after demonetization in India.....this has a clear correlation
can you say more about it
ISI printing fake Indian bills factories shut down with billion losses
@@fareehafaiyyaz8475 counterfeit Indian Rupees produced in Pakistan.
@@fareehafaiyyaz8475 He is talking about paxtan's terror funding in india and fake indian currency circulation, which suddenly all stopped due to demonetisation in India. As you know, many of indians now currently uses online money transfer platforms like phonepay, paytm, googlepay. This platforms are safe, which reduced actual use of currency in market, hence ultimately stop much of terror funding along with fake currency notes.
It has nothing to do with demonetisation, pakistan is suffering because of mismanagement, corruption and poor policies
This is absolutely gut wrenching and the situation these people are living in is so painful even to watch. I just pray for the people of this nation and hope the situation gets better for them soon.
@jersey devil you people never change..
@@zyT175 India (Bharat) has always been a Civilisational state. India is 5000 year old Civilisation.
situation is no different in poor states of India. I see it day in day out. Just that there is no cny documentary on it
@@zyT175 India (Bharat) is a 5000 year old civilisational state. Indian civilisation is more important for us than some boundaries.
Feeling sad for their situation. But once their prime minister said "We will Eat the grass but make the Nuclear Bomb." Now they have the bomb, it's time to eat grass.
Yes, & people supported it.
They did good thing building nukes No one can bully them crises come and goes nukes stay forever
@@sumeersamarat706 yes but nukes help in security threats not economic crisis. They now use nukes to threaten the world if not granted loan their country will be overrun by haedliners who will have control of nukes. Its a tactic world is fed up of
@@offred6013 look at Ukraine nuke is better than development
@@sumeersamarat706 tell this to those pakistanis who r starving .
Pakistan has a mindset problem for its average citizens, the fact that the mango seller expects the government to spend on masjids and religious activities shows the gravity of their problem, plus indecisive leadership, much pf this problem could have been mitigated during imran khan's time, but i guess public popularity matters more than national security
Plus the fact that nobody tried to save and invest on various market outside of pakistan when the times are good pretty much set them up for good in this sink hole
I noticed the same ..that mango seller still want masjids and religious activities....shows the gravity of the problem
Ye all these countries think that they can just pray their problems away.
These countries have been a mess from the beginning , and they will always be a mess till the end.
They have nothing to contribute to the world or their neighbors or them themselves.
The mango seller also talked about building schools. You’re over exaggerating his remark. Building a few Masjids are not gonna ruin Pakistans economy, if anything it’ll create jobs and a community center for the poor to take refuge in.
👏👏👏👏
@@NarutoUzumaki-jw4kw building religious places have never contributed to boosting economy unless they become a tourist attraction. But I agree with schools and education
Wonderful
It’s heartbreaking watching these beautiful people suffer like this the world needs to come together and help each other there should not be hunger and suffering in this day and age
They can overcome this situation it's just that they need to stop spending big chunk of money on the military and stop arming terrorists against India. Their army Generals are highly corrupt, leaders r corrupt, and what else u expect out of this.. If you are saying that the world should help pakistan, then bro, these corrupt governments and generals will eat away all the help you provide. People will be suffering no matter whatever help you provide.
16:04 "He is the soul bread winner of a family of EIGHT"
That is their main problem
Fertility rates are correlated to levels of income. Religion and culture also plays a role.
same in india too. the fertility rate of the peacefuls are the highest. god help us.
@@mikeadams.9853 Its the city you are talking about. Go to rural areas and you will see the real picture. They makes babies like bunnies.
@@mikeadams.9853 2.12 is the overall fertility rate in india. that seems low because we have so many one or max two children middle class hindu families.
if you look at the muslim fertility rate alone, it is much higher, and that brings our average up over 2.
Many states have fertilty rate below 2 now .
40:00 "Pakistan the land of peace" is the biggest joke of the century. lmao
We havent had mass murder on the scale of Indias babri mosque riots, Ahmedabad riots or 1984 Sikh riots. Any objective observer would attest to Indians being exceedingly violent. By comparison, Pakistan is fR more peaceful.
@@AdnanAhmed-ht8ey hahaha. Stop making up stories just to satisfy your fragile little male ego. 😂😂
Don't get me started about pisslams persecution of other religions in Pakistan. In 1947, there was 13% Hindu population in Pakistan. That came down to 2% in 2020. Pakistan's Inter-Services Intelligence (ISI) agency has been accused of massive human rights abuses in Balochistan by Human Rights Watch, with the enforced disappearance of hundreds of nationalists and activists.
Entire world knows "Pakistan is the land of Terrorism" ola-hu-uber
more like land of terrorism
LMAO!
Keep all things nationality, religion, region aside....it hurts to see children, women, elders, and hardworking ordinary youth struggling to fill their plate or sleeping hungry...It really hurts.... God bless every human....
Not another Sri Lanka. Two key difference, Srilanka doesn’t get imf bailouts every year, and it’s not plagued by ideology of hate.
Pakistan will become another Afghanistan; not another Sri Lanka.
Nuclear Somalia
allahu akbar!!!
Whyy??
I mean how different are Afghanistan and SL at this point lol...
@@eugenedebbs2189 yeah at the point might be....once sri lanka was ahead of orther asian countries including india....but now it's state is bad...but I hope it comes back stronger again ❤️
Don't worry they have lots of positives:-
1)they are muslims
2) they have jazba
3) they have atomic weapons
4) they won 2017 ct
5) they defeated us in 2021 T20 wc
6) they gave our pilot "Abinandan" some fantastic tea
u nailed it bro
They gave Abhinandan tea but can only afford to drink sattu now.
1) Highly subjective positive that is my guy
7) the tea became so expensive that now they cannot afford it themselves
pakistani things u knw
@Mota bhalu 😰🐱🌝🗿🗿🤣🤣🤣
Amazing Documentary 👍.
There's a Pakistani saying, "we even eat grass, but we make sure we have nuclear weapons."
It's about time they start eating grass maybe.
Why does the IMF think its going to be lucky the 23rd time ???? Why did 22 previous bailouts not work ???.
It will never work , they have to do it because no one want to see a nuclear Somalia in the Afghanistan neighborhood.
Imf is stupid to give money to Pakistan they should ask there friend china
In all those 22 previous bailouts, the IMF benefited, because they forced Pakistan to deregulate their industry to allow foreign multinationals to exploit natural resources. The reason they are going in a 23rd time is because they want more profits of course!
Because the IMF intention is to not help but to control. A country indebted to it for 23 times, which is still unable to pay its first debt will be the most perfect puppet.
Because Imran Khan and the economy was actually growing until recently US regime change
75 years after its birth..Pakistan does not have any export economy due to its own misplaced priorities ...it has almost nothing to sell to the world....except its geo strategic location n exhalted sense of superiority! This day had to come ...it came few decades late thoughh
This country only busy was in Ter-ror-ism and still in busy... Don't care about economy, education and world. Only reli-gion- & terro-ris-m and poor people suffering. Proud to be Indian, जय हिंद 🇮🇳
@@MohammadAliji Sir, we as indians wish well forthe average Pak citizens...But the fact is this situation could hv been avoided had the Pak political elites not been so egoistic about cooperating with india economically...Just by trading with india, Pak would have been able to save and earn billions of dollars every year..But the elites who rule Pak r cirizens of the West and Dubai and cant care less about what happens to Pakisrans economy..same applies to Sri Lanka
India too is not an export economy. Exports to GDP ratio for India is ony 18% compared to world average of 55.9%. An example of export driven economy is South Korea where export to GDP ratio is 79%. In contrast, both India and Pakistan are consumption driven economy. India grow faster due its stability and openness to foreign direct investment. I believe if Pakistan improves it security, stabilize the country and more openness to foreign direct investment, its economy will improve. A stable and prosperous Pakistan will not only make the people happier but also reduce its hostility towards India. So it is in India's interest to keep Pakistan stable. Total collapse of Pakistan will only bring catastrophy to the whole region.
@@0900370pian Totally agree with you Sir..all the points you make r valid...always felt india could not become a export economy till the 90's though it had the potential because of vested interests of import driven system...even after 90's atrempt was stalled in the manufacturing sector...a somewhat better attempt is being made since the Modi gov came to power ...the range of products now being exported hv increased...but india will hv to overcome latecomers disadvantage ..especially in high end areas like medical electronics defence etc..but the next 10 years r full of possibilities in exports as companies like Tata, Mahindra r trying ...The best thing Pak n SL can do is to allign themselves with the indian economy totally...this will help them save a lot of money n their economy will come out of the woods..but both countries r run by egotistical anti india elites who treat their contry as real estate...so chances of economic rationale prevailing r least
@@pduttagupta he’s Indian
Politician's - Rich.
Common People - Poor.
😭
WOW NICE VIDEO I HAVE EVER SEEN
Not even a single prime minister has completed his 5 years in the history of Pakistan what a democracy...
Sometimes it's the army, sometimes the judiciary and sometimes the parliament that does not let PMs complete their tenure. The most recent one was a political coup (vote of no confidence) that is allowed by our farcical constitution.
Problem is , Pakistan is not a country with Army, it’s an army with a country. Land reforms never happened in pakistan , old landlord system is still relevant in pakistan and there is no economic parity in population. Pakistan prioritised hate over love and friendship, Religion over education that too wahabi Islam and cared for ammunitions over well being of civilians. This current situation in pakistan was long time coming. Pakistan was getting bailed out by aid from US in the name of Afganistan War but even that dried up once US caught up with Pakistani scheme. The Pakistani call themselves as descendants of Afghani invaders , they idolise looters, rapists and plunderers . You cant expect anything better from them. A society built on fear and hatred can only go this far.
Perfectly summarised
You know nothing about Islam in Pakistan. “Wahabis” in Pakistan are very rare and the locals call them “Ahl e Hadees” like in India. Most people in Pakistan are Sunni Barelvi, a movement whose biggest enemy is Wahabism. And then there are Deobandis who are also opposed tho wahabism. And the Shia of Pakistan also.
@Devyan Utsav yes but they are not what you call “Wahabis”.
@@user-nh5bq2cv6e allah will help palkistan
just like allah helping palestine muslims from israeli missiles
Reminds me of this quote by Voltaire:
"While most states have an Army , The Prussian Army has the state. "
They wanted a land and was given but greed and betrayal never permit it to be in peace now and ever.
Pak to world: we have nuclear weapons...
Me to CNA: तो इनको रहने दो फिर.. 😆
Not surprised abt this ,as China was and is the best ally and friend for both Sri Lanka and Pakistan...keep up the good friendship dear Pakistanis 😂👍 ...
Chinese are better friends ...when they befriended with somebody ...the whole country became begger 😂😂
@@rebelbhagatsingh909 savage man .. 😂😂😂
You are brainwashed by your media. You have no idea. Majority of debt of both Pakistan and Srilanka is owned mostly by western lenders and not by China. US is real debt trapper but your western media will never speak about it
India has higher hunger rate compared to Pakistan
❤️de ka Iron brother
Reasons for Pakistani current economic crisis:
1. Corruption in Government, at all levels. Inefficient economy. Corruption in all wings- police, bureaucracy, judiciary -means absence of checks and balances in society.
2. Lack of foreign investments (due to law & order issues, terror environment), lack of exports, FATF listing, etc all lead to deficiency of dollars.
3. Competition with India, mad zeal for Kashmir, historical military legacy means enormous amount of budget goes to military - wrecking the economy (same as USSR ruined itself during cold war)
4. Religious fundamentalism gripping society - where conversion of young non-Muslim girls, blasphemy laws, etc are more important for the public than seeking accountability, development, prosperity from the Govt
5. China & their predatory economic loans to Pakistan (again this is result of Pakistani animosity to India that they have no other choice than stay in Chinese camp)
PS- Pakistan has always been a failing state. Dozens of IMF programmes over decades are a proof of it. It was propped by USA (and some rich Gulf nations in name of religion) all along due to Geo-politcal consideration (Afghanistan war 2002-2020, Soviet Afghan war (1980s) , before that CENTO (1950-1960s) membership, etc) through their annual Billion dollars aids.
That prop has gone away now after US withdrawal from Afghanistan. And Pakistan's frailty has now just come to surface nakedly.
Very well written
Actual truth, Pakistan government still funding terrorism even now
3Ms.. Madrasa, Military, Mullah
Your missing a lot. Pakistan has had the burden of allowing millions of Afghans in as refugees, the war on terror damaged the country heavily. A lot of what you say is true though, but there are other factors such as hostile border countries and wars surrounding it that have meant it has not been a stable place to develop an economy.
Better analysis than many think tanks, my friend.
Well said. Extremely well.
Thank you your Chanel is like a school. Keep it up Thanks
Why do people choose to have kids when their financial situation is in dire straits? Why let kids go through tough times when you know that is what they will go through.
‘We do not need US financial aid’ - Imran khan
The problem is that US has funded parts of Pakistani budget since 1947 and in return its military and leaders have allowed their country to be a rentier state all these years.
@Zack Smith Everyone knows this no source required. Also u dont question your father whatever he says u accept
@Zack Smith during Afghan war against soviet , Pakistan received 25 billion usd and second war against Taliban , Pakistan received 35 billion usd.
Trump gave these numbers when he was American president
@Zack Smith source from his backside!
No us aid is ok china will help ,how much they need china will give with no condition
Did I hear it right ? 58% of Pakistan’s annual budget goes in defence ? Omg 😱 No wonder it is where it is today.
It will be spent on a good cause. 🤫
That's wrong dude. It is 16%, which is yes, A LOT since military doesn't allow audit of the budget.
Bruh its around 8billion$, nd total budget around 45billion$
@@hitmmann That's more like a budget of Mumbai municipality.
It is only to make army generals and their political friends rich.
This is a heart breaking documentary. The people of Pakistan are suffering due to years and years of corrupt and evil leaders. That amazing young cafe owner at the end is the true representation of the people of Pakistan and hopefully the future of Pakistan 🇵🇰
Being a Pakistani, i will say this all happened due to ARMY. That is the end of discussion
Pakistan has a huge defence budget which is draining the national budget. High time Pakistan establishes long lasting peace with its neighbours so that defence is no more a national priority but economic advancement takes place.
They have enmity with Taliban, and they keep pouring terrorists across border in India. We won’t let that happen. We extended peaceful hands many times, they always killed our soldiers with other hand.
Pakistan is going to pay the price of it’s fundamentalism.
They I fact used to send terrorists in Mumbai to kill any public prosecutor who would expose any small oak funded terror outfits.
When India cried and pleaded for help, international cooperation to stop funding them, funds that flowed from Canada, Britain, UAE, USA majorly. Our cries were ignore. Now you have the same snakes in Sweden Finland, even Iceland.
God save your countries, but he won’t.
You shouldn’t have been selfish.
Have you watched stranger things? What you see there? The monster in USA lab affects the situation in Russia as well. An evil should be destroyed in beginning, no country remains immune to evil like this.
YES and at the same time Hindustan will save in Billions too if there is no threat from neighbors ,You have to have peaceful neighbors , you do don't have to have so large army
@@jaysurati9266 It will gain more from good trade. Though that would require its neighbours to be stable and productive...
@@jaysurati9266 Unfortunately India doesn't have peaceful neighbours. Pakistan will always be a threat due to the mindset of their gov't, military & people too whilst China will never change its imperialistic & hegemonic colours! This is why China doesn't have territorial disputes just with India but also with many other much smaller countries in the South China Seas - that even they recognize the need to considerably strengthen their own military forces to try to nullify China's threats against them. We see how China keeps on intimidating these countries like say the Philippines & even Taiwan too.
Whole south asia is set to be doomed except Maldives or bhutan I think so .
Democracy can't work in south asia no matter how someone try too hard as the region is too diverse and discriminate it's own people too much .
Some cultural revolution need to be done there
To be honest that region is worse than Africa a part of Asia .
it's surprising that IMF, the world bank, and many monetary firms are giving payments and bailouts to a nonperforming economy and not helping Srilanka a positive growing economy and a trade route country wow
That's because pakistan is useful to West. Key non NATO ally. These western countries are downright hypocrites.
@Sumeet tanwar is that why no one is trading in their ports? Pakistan’s geography is decent
That's because imf knows that all the money sent to pak will go to the army and not for improving the economy
You have to start becoming more radical, to get what you want.
There's geo political reasons. Namely Afghanistan and Iran.
same story in argentina
1-populist government promises to keep gas and food cheap
2-they get a budget deficit because along those benefits, they also print money for corruption
3-get hiperinflation
4-poor suffers the most, as they rely on they daily work to survive, which is devaluating before they even get paid.
No word on religious extremism, terrorism , poor education and hate consumerism. We all know why pakistan is failed state. People will get rulers based on how the people are in first place
as a Pakistani citizen i am extremely depressed after watching this i had no idea that the economy has been damaged that much
Its result of 3A effect.
50 Reasons Why We Are Living In The End Times, Dr. David Reagan, CHRIST in Prophecy Ministries ( TH-cam)
@If simple thing is, idea of Pakistan was created to shun all the culture and identities you have mentioned, for Islam.
@If kautilya was a bihari from Ganges btw
Haider bhai where do you live? In Pakistan or abroad
stop producing so many children when they can't afford
Exactly.
No Pakistani thought ever.
Whatever situation in Pakistan is in now , but the difference between rich and poor still in good shape ( from top view).
In india we could see people are living on streets and the difference between rich and poor is worst.
Must appreciate the way people manage this situation 👍🏼
As an Indian we should learn this tactic
when you have teenagers having 2 and 3 children, you have zero hope of housing and employment, much less an education system.
I have lots of sympathy towards Sri Lanka and its people ... I don't think I have the same feelings towards Pakistan.
When you have a friend like Pakistan, you no longer need to have an enemy.
😂😂😂
were you stabbed in the ass by one?
Allah is sufficient for us. No need of your sympathy.
So true 👍
@@Pirates531 Ok I'm also just presenting my opinion.
Pakistan does not want loans. It wants Kashmir.
That’s what their leaders said few years back “We will eat grass but destroy India”.
If they had good relations with India, we would have been more than happy to help Pakistan.
First we need to.help poor Indians.
Modi's courpt party destroyed India's economy.
GST faliour skyrocketed wealth inequality Unemployment
@@sumeersamarat706 India' s GDP growth rate 8.4% .. nice try dumbass
India can barely support itself, why would we want your help?
@@sumeersamarat706 at least write the correct name.
@@AAmed1980 still 10000 times better than pakistan lol
40:00 The perfect joke doesn't exi..
Just like the butcher of Gujarat (now the Indian PM) is blaming others for terrorism!
@@asadahmedchohan hahaha..what about the bucher of Dhaka, Balochistan, KPK?
@@asadahmedchohan bro do some research atleast before believing everything from Pakistani media and BBC. When the supreme court of india said he has nothing to do with it ( our supreme court is not controlled by army or politicians like yours)
Sometimes i feel that we should say thanks to jinnah for taking away much of the trash from us
PAKISTAN THE LAND OF PEACE 😂😂😂
The same Pakistan which massacred millions in Bangladesh in the war of '71, the same Bangladesh which suffered a genocide at the hands of the Pakistani military aided by the United States. The contrasts between the situations then and now are striking. 2019 marks the iconic year when Bangladesh became the second largest economy in the subcontinent. I hope they have learned their lesson; if they haven't, more innocent suffering is due.
True
During the time Bangladesh's economy was growing, Pakistan has to deal with America's war on terror bringing terrorism across the border, as well as facing the FATF grey list despite reaching the majority of their goals for years which put Pakistan's international business in jeopardy.
Not saying Bangladesh had it easy, just pointing out that Pakistan's economy is not in a vacuum away from geopolitics.
@@SilverHusky If any country deserves to be on FATF, it's pak.
@@SilverHusky
Q: Why did Pakistan have to manage America's war on terror?
A: The Taliban
Q:Who created Taliban?
A: Pakistan
Q: Why Pakistan created Taliban?
A: Strategic depth against India.
Q: How Pakistan got opportunity to create Taliban?
A: Soviet Afghan war
Q: Why Pakistan got involved on US side in the Soviet Afghan War?
A: Money and decades of alliance with the US. Specifically defence spending.
Q: Why did Pakistani defence spending have to be so high?
A: Military parity with India
Whichever way you look at history, all of Pakistan's woes fall at the altar of India-Pakistan rivalry. The rivalry will never go away until Kashmir obsession and terrorism issues are solved permanently by Pakistan, since until then India will not come for a compromise.
@@pradeepsundaram6381 majority of this is just not true. The reason why Pakistan had to join was due to Pakistan being the only ally right next to Afghanistan providing military transport right into the country. The reason why Pakistan supported the Taliban was because they were the strongest force in the country after the soviet government collapse as well as not being out right gunning for Pashtunistan like the other groups.
Pakistan was closer to Afghanistan when the king had control over the army and was able to quell the Pashtun nationalism. In terms of military spending, when a hostile neighbor is 7 times larger in almost every aspect and having two hostile fronts in Kashmir and the Durand line, the military spending looks justified.
Thanks Jinnah for separation. You saved us by separating from us 🙏
I'm not worried about Pakistan's economy plummeting, I'm more worried about the possibility of its Nuclear arsenal being ransacked by protesters and possibly terrorists, even if they are extremely well guarded
Its other way of saying that "Whether you live or die is not my headache but small chance of threat to my safety is the only concern"".
N U C L E A R
J I H A D
Don't worry, if terrorist have to use nuclear weapons they can do so now too. One terrorist is other's freedom fighters..my worry is world's end shouldn't be like this but let it be a zombie or alien 👽 invasion.. 😂..
@@insomniac5113 Everybody should be worried of nuclear jihad
You can never trust them
13:50 When a common man going through economic hardships expects Govt. to build Masjid and do religious activities that is the mindset problem that no amount of IMF funding can solve.
You think they always were islamic extremists?
No they weren't, the millitary dictators made them like this so they don't ask for any development and always want war
I was here to comment the same.. Theocratic country..
Says an indian who kills humans for cows
Gay Shri matharchod ram
@Sarfaraz Ardesher Yeah kids are gift from Allah but poverty is gift from the government.
Lmao Pakistan wants to kill sikhs and Hindus spread Islam built masjid well that's what they get
I just hope Pakistan copes up with this hard time. Prayers to our brothers, you'll get past this Inshallah. Prayers from Bangladesh. Pray for us also.
Bangladesh will be helped by India if such things happen but pakistan is fucked. It will be hell in few years. It will get worst
When you buy infrastructure projects from China, without local job creation, at exhorbitant prices, using loan again taken from China, then what else will happen. In a normal country, citizens pool their money and labour, to build infrastructure for themselves. Pakistan allowed China to build China-benefiting projects, on Pakistani land. And totally neglected their own needs.
No one think the problem is US dollar rate hiking? So how do you explain the same things going on in Italy? Will you still blame China?
@@asquove7863 Would China forgive some of the debt owned by Pakistan?
@@asquove7863 Who is blaming Italy's problems on China? Italy also has debt, due to bad welfare policies, but no Chinese debt-trap.
@@grjoe4412 They would forgive while taking over parts of some provinces. That's Forgiveness with CCP characteristics.
@@rajx7120 Even if there's no China's debt trap, some countries will probably face bankrupt crisis while US rate hiking, right?
Some countries always running with a low foreign reserves, that's the problem.
Think of there's no FED's rate hike, all these wouldn't happen
without lies, islam dies
Very touching documentary
What to expect when common people were ready to stay hungry but wants to fight non muslims to spread Islam. You can see tons of interview of common pakistani people and their mindset. In the time of economic crises they are increasing Military Budget, political instability is there, unrequited subsidy given to public, Chinese CPEC project where they earn nothing but pays huge price, internal political blunder, Rape emergency, militancy, violence against non muslim.
@Zack Smith Did you do yr Research....Buddy?
India Rupee-even 13 YEARS ago was 100 to the Dollar.
So it has APPRECIATED by 20%.
Pakistan Rupaya was 85 that time and now has hit 228.63-Depreciated by nearly 170%.
THAT is the Difference.
@Zack Smith you need some research Indian rupee did well than euro,britain's pound and japanese yen and also currieny of South korea.
It's all coz dollar got strong and india's high import of crude oil.
@@aniruddha3431 yup but some fools won't understand this😂😂
@@harshitrautela6585 right
@Zack Smith Truth sounds spam to you right? Lol kid go take care of ur country`s economy
Note that no one talks about reducing military expenditure.
then how will they do gazwa e hind? hahaha
People do talk about it. If it's not shown here that's another thing.
Pakistan: India you must reduce your military expenditure! 🙂
India: Ok 😀
Pakistan: You first 😉
India: No, you go first 😊
@@AnonymousReader-er4eg Imagine if pakistan reduced its Military expediture and personal by 50% tomorrow what will India do the next day.
@Nitesh Kumar "we are not your enemy". The comments from most other Indians in this video show otherwise.
Good news for world...
very good hapenned
What happened to cpec now
Imran Khan said cpec is a game changer for pakistan
Pkr just crossed 220 against dollar lol
imran khan isnt the pm anymore if u can see we were doin perfectly fine durin his time but this regime change
@@talhathe7th84 Regime change caused by USA/NED/CIA.
@@talhathe7th84 I don't think you were doing all fine. Yes I agree the ouster of IK really put some uncertainities but this problem was bound to happen.......
@@talhathe7th84 it was during imrans period pakistan was in grey list. It was during imrans time pkr performed the lowest. It was during imrans time pakistan applied for 2 additional bailout packages with imf. It was during imrans period pakistan had the highest energy crisis. Is this an imrans success story that we all are missing or what?
China should colonize Pakistan at this point.
Factors that led Pakistan to economic crisis :
1) Trade embargo on India.
2) Kashmir obsession.
3) Internal Distability.
4) Seperatist Movements attacking the state and economic projects.
5) Illiteracy
Mindset
"As you sow so you reap"
Patel said at the time of partition that Pakistan will fail
Nation was created on religious line .
Islam is the basic cause for this nation failures
Dont compare pakistan with sri lanka..
Pakistan is no way as civilized as sri lanka is...
Said the primitive Hindu.
Don't look at Pakistan's current problems as a result of any recent phenomenon. It doesn't matter who comes to power in Pakistan. This country has been steadily sinking since Jinnah died. Look at Bangladesh, Indonesia, Malaysia, etc are all Islamic, but have given priority to economics. Islam is not a problem, some extreme 'Pakistani Muslims' and corrupt Military + Politicians + Madarsas are the key problem.
Well said! Greetings from the European Union 🥰👍🇪🇺
I'm from Indonesia and what you said here is true. But, from religion standpoint. Indonesian Muslim tends to be more "secular" than Malaysians Muslim.
Our government tried so hard to maintain our economic growth, while the rest of the world are stagnating.
Those country now have liberal leader PM is left wing enemy of mahatir, shieikh hashina is woman so more economic focus and Joko Widodo from National Party PDIP and people coalition not ummah coalition
Ur wrong, Islam is the root cause. Bangladesh never gave up it's Bengali roots, Indonesia it's Hindu roots and Malaysia has oil. Rest of Islamic countries have oil/minerals or have been westernized like Turkey
@@michaelbrown3439 Michael Brown ???? English ? European Union ? U are a Hindu using an English name ...Everyone knows England is NO longer in the European Union .... U dumb F***
Earlier Nuclear bomb saved Pakistan,
Now, Pakistan trying to save nuclear bombs😂😂😂
Major issues of the current economics crisis one is collection of tax and political instability this two are the major issues
spending 58% of Budget on Army and Loan payments is crazy. never imagined that
They barely need the army, even against india. Pakistan is ALWAYS the agressor
As an American I’m quite happy it’s no longer our problem but rather our Chinese friends. Hope the Chinese take great of their buddy’s. Please remember to write occasionally.
China itself is in Pre stages of a Massive Realestate sector crisis and potential banking crisis 😳
You as American Suffering because Your Presidents Serving for Israel, Florida and Some other State hits by Floods but no one helps them, no Aid for them🤣😂Keep Serving for Israel,
The Current Crisis is due to Regime Change but we will manage it. Your buddy China is in your Backyard,
So Enjoy until they didn't reach at your door. 🤣💪🏻🇵🇰
@THE ZOLDICS Yes You feeling Well because Bill Gates Foundation giving you 10 billion Dollars for toilets 🚽💩🇮🇳😜🤣.
Enjoy Hunger Nation
#ToiletlessNation
#bhikariDesh
Not so cool when you are no longer the supreme imperial power any more is it Bill? Don't worry I'm sure you will get your next "war" soon or the CIA will come through.
@THE ZOLDICS the day has come for them to eat grass now. lol
Pakistan needs 40 billion dollars to rebuild the country, Now the natural calamity is going to make it worst. Cutting down military spending, and selling military weapons are other options right now.