Can Pakistan’s Economy Survive Without IMF?
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- เผยแพร่เมื่อ 6 ก.ย. 2024
- Pakistan reached out to IMF for the 22nd time in 61 years. Where the bailout seems to bring the currency to stabilisation, the common Pakistani faces a huge burden. Syed Shabahat Ali explains Pakistan’s tumultuous history of foreign debts and whether the deal is a helping hand or a death trap for the country.
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This video was hard to follow because of the way the numbers were presented. I have following two humble suggestions:
1. All numbers should have been presented using the same currency and naming convention e.g. either dollars or pkr + million billions or arab kharab
2. The numbers should have been shown on the screen for easier following.
totally agree, I dont get the point of mixing Rupees with Dollars and Arab's with Billions.
I hope the protest in Pakistan stops, we really need to prioritise what is need of the hour right now. You in Pakistan and us in India, let's not hope for the others demise but look forward to helping each other out of this
dont be naive!! We need a country named pakistan to vanish from the world map asap...
Bhai extreme people from both sides won’t let it happen! Sometimes politicians want to make a change but it’s the people who are not ready to accept the change.
Just thinking how big is our population! If it’s used very well then we all will prosper but even one is left behind then it will create a chaos in the region.
@@twinsofchina5839 for peace and prosperity to happen in the region, pakistan needs to vanish thats in the best interest of everyone..
and the most effective and harmless way to do that is by giving pakistan an economic heart attack..
You can't do progress until get rid of currupt politicians
What an analysis sir. Great work TCM. very comprehensive
First Zardari took almost 6Trillion loan, then NS govt almost 9 Tr and then our beloved IK govt took almost 12-19 Tr loan. In Musharraf era everything was almost good he took aid instead of loans. These bastards corrupt politicians are the worst enemies of ours. No accountablity they are billionaires and their money is outside Pakistan. They are same like EAST INDIA COMPANY.
Army generals are more corrupt than politicians . Any previous army chief living in Pakistan? Everyone left the country after looting it.
Musharraf, and Zia got 20 years where they would have done a lot of things but they relied on American aid and did not develop the base for industries and enterpneurship. Now that aid is gone and pakistan has nothing to earn for itself.
And that aid was at a expense of thousands of deaths of average pakistanis
Very well explained. Thank you! Please do more videos on how and why Pakistani currency is falling. And how can it get back to it formal value.
IMF never guides to improve exports.
Pakistan is gonna go the same way USSR went!! vanish due to extreme economic crisis..
USSR was not destroyed because of any economic reason but because of greed of some people like Yeltsin to privatize everything and take the money abroad.
Urgently need to end the reckless, extravagant spending of bureaucracy, Establishment, parliament , judiciary on their complimentary fancy lodgings, perks and privileges, special allowances, free fuel & electricity all being paid by public taxpayer via excessive indirect taxation.
Given Pakistan's woefully inadequate GDP and how meagre national revenue is spent on population welfare and development its completely unsustainable and destructive.
Which is in effect illegal and daylight robbery. Indirect taxation is imposed regardless of income status so actually creates more poverty and feeds the vicious cycle of financial dependency and never ending debt.
Nice presentation
However, you forgot to explain your listeners how these institutes come up with $$$ or Euros at first place. We need to educate ourselves about how modern banking system works, how these institutes create currency out of nothing to loan out and enslave countries like pakistan.
Lastly, how fractional reserve banking creates $1000, fake currency, out of $100 bank deposit. Also, Don't confuse currency with Money they are two different things
I guess that wasn't his topic. He talked about Pak Debt situation
@@Sefaatalisyed and what is the source of that debt? Source of that debt is modern financials institutes and their power to create fiat currency created out of nothing and doomed to fail and go to zero eventually.
Can u kindly explain, from where does the IMF get money which they then loan to other countries.
@@AdnanKhan-vg8lj
In order to completely comprehend IMF and World Bank or any other institute we need to study modern banking system especially American Federal Reserve Bank mother of all Banks.Banks don't loan us Currency they loan us bank credit If we put together Whole USA $ say there are $100 in all banks there is only 3 to 5 physical $ in banks rest is just credit
Well i would suggest that you could have just told them to watch videos of ray dalio...
AS a matter of fact Pakistan also defaulted in 1999
Very good explanation of every scenario
debt per person is around 200k, 90 lakh waali mjy smj nahin ii
Pakistan will default today or tomorrow it is inevitable Now 😔
Don't lose hope.
Well explained.
IMF Wants Pakistan to "DO MORE"
Smells like an Indian lobby playing its card right again. The same phrase "DO MORE" is often used in the FATF meetings as well.
@@mjawad6765 true that
Such a shame that we were supposed to be one strong nation and today we are fighting between us . Their is no doubt we would have been competing with America if we were together. The idea that hindus would have hedgemonised elections is completely illogical
100 crore Hindus
70 crore muslims of subcontinent with the Indian constitution that has ensured free and fair elections for 75 years in India. With it's secular fabric would have meant that extremism on both sides would be in check. With regional and lingual differences their would have been no absolute majority in India. Such a shame Jinnah could not understand that. Congress kept winning over muslim league beacause many muslims supported Congress. Muslim league however was a muslim party,( the name itself) they could only garner the Muslim votes so they lost all the time. And this gave him the impression that muslims will loose election. Completely illogical
@@mjawad6765 bc tum india ka naam liye bina jee nahi sakte kya ....🤦tumhari har default ke peeche india nahi ha but india ke liye obsession zaroor hai
@@amanjaiswal7065 its for our own good that we got separated .....indian muslims are enough headache for us 🙄
would be great if you explained in what year Pakistan went into death trap i.e. need to take loan just to pay previous ones
very well explained
Pakistan will never change unless we change ourselves first. Being as a nation, we always mourning about inflation, higher cost of living and whole family depends on one person salary. We have almost half of Pakistan containing women but if you are look job market less than 20% are economically actively. We need to break this culture and everyone should work based on his/her skills set to contribute the economy. I’m amazed to see young Pakistani students/professionals are happy to work so called odd jobs in foreign countries but they don’t want to work onto such jobs in their own country. Unless we change our attitudes and mindset our economic situation will gets worse no matter who ever comes to govt🥸
If Pakistan defaults, People should not let Sharif, Zardari & army generals to run away.
They should be caught in time and punished.
Army generals deserve a harsh punishment for bringing Pakistan to this stage with their unlawful interferences.
And who is going to catch them? Other generals? Or the judiciary which is in their pockets?
so simple and detailed explanation ,,thanks
zabardast salamt rahy bhot hi malomati video....
Pakistan needs to stop making nuclear weapons and concentrate on helping poor Pakistanis jobs
Bangladesh does very well economically since almost negligible spending on military...they are also neighbor of India...Pak need to amend relationship with India and eliminate need for military spending...spend more on Infra and industries...anyway since a nuclear state..Pak should not need any other weapon to bailout fron a major war !
th-cam.com/video/V8PWJnb5C98/w-d-xo.html
Aap ki BAAT ka jawab is video ma ha.
Ma koi channel promote nahi kar raha.is video ma aap ki defense budget wali baat ka jawab ha is liya share ki ha
very asymmetrical analogy. Bangladesh has no outstanding major land disputes. Pakistan does as long as india refuses the Kashmir referendum. It was not the choice of West Pakistan to have Kashmir on its' side. Had the situation been reverse, Bangladesh would be the same. Also, Pakistan did not choose Afghanistan as its' neighbor nor did it invite Soviet Russia there. It also didn't require India to align with communist Soviets. Nor did it ask the Americans to come for a "nation building" adventure.
I don't mean this a insult, for good or bad, Bangladesh is a nobody in the international arena. But I am very happy Bangladesh has done well economically for its' people.
@@usmang5542 Well said brother,
I think no one gives a damn about Bangladesh and they Don't even have the power to condemn any atrocities being done with the Muslims and they don't even bother to condemn because they are aware of there limited powers. While Pakistan posses power and have a great value even in the eyes of the super powers like USA, China, Russia etc.
Comparing Pakistan with Bangladesh is like comparing a monkey with a tiger.
@@usmang5542 not saying any of its credentials here or dispute the progress, just saying one advantage it has is no military disputes so less spending !!
@@servantofIslamA 🌝 is that a joke pakistan has no fcking power on international forum they had terrorist power but now even that is fading Afghanistan has taken its place
Surely death trap.. its against the laws of islam to take loan on interest
tayyip erdogan in the comment section
@@karthikprabhu7618 abay oo hindu
@Muhammed Ashfaq There is common sense. Show me one financial institution which operates with 0% interest rate ? Islam advocates for it and there are 50+ muslim countries
Nobody will give a single penny without intrest..
@Muhammed Ashfaq I am logical.. do you know meaning of bigot
the heart of problem lies at our own political leaders since 1947, which were once called "khotey sikey" by founder of country.. They "khotey sikey" are presenting the deficit budget since 1947 up until now.... and irony is we either follow/curse the personalities... I mean what they have given us apart from poverty, inflation, lawlessness and what not..
we have to control our luxurious life style from top to bottom for safe future. needs to cut in expediture in areas where long recovery is posssible like huge amount of projects, support local market and agriculture especially.
Luxurious lifestyle? Khuda ko maan tujhe luxury ka matlab bhi pata hai kabhi Pakistan se bahar gaya hai ke tujhe pata chale luxurious lifestyle kya hota hai hum electronic se lekar roza mara ki ashiya bhi 3rd grade use karte hain. Jaahil aadmi!!!!!
I remember once the dollar was stable at 152 rupees. And rupee was world 3rd best currency in terms of performance.
I remember when the Dollar was stable around 104 and my father remembers when it was stable at 45. things have gone down hill
I remember when pakistan was a lapdog of USA and now it gives blowjo* to china
Yeah at that time we were in IMF program... Then Mr Khan Violated agreement signed by his own govt with IMF for political gains and Rupees went down ...
Rupee was stable because Khan Was Taking Loans at much higher rate... That why Our loans Increased by 49 billion dollars in 45months... I witnessed rupee stable at 112 when Dar was FM ,,, And Khan used to Taunt at his performance as artificially Inflated economy... Later on in Khan's tenure rupee experienced a total devaluation of 65rupee against dollar in 3.5 years ...
Musharraf's time 90 rupee per £1 pound. By the end of this year it probably will be 300 rupees per £1. For foreigners pakistan rising cost is covered by devaluation of rupee. But i feel sorry for local Pakistanis. Future definetly not bright!
Beautifully Explained. Jazak ALLAH o Khair dear
Sir apne ye nhi btaya k Loan lene ke baad kitna % politicians apne jeb me dalte hain aur us se Mulk pe kia farq parta hai?
Very well explained. Clearly explained. Please do more videos
You will improve in the area as per your goal. Most of the Muslims think of after life and for that science and economics are not important at all.
Your goals decide your efforts and direction in your life
Forget about budget but ap ki personality bht achi hy sir. Ap ko to dekh kr hi log y puchty hon gy k "stock exchange market rate" kia chl rha hy😂😎🙏
Why does not Pakistan government make an appeal to the overseas Pakistanis to give loans to the government ? Taking loan from the IMF means disaster.
"White man's burden." "White man's burden." "White man's burden."
Well Summarized
Pakistan should threaten to default if they cannot get a deal where they pay back the capital borrowed and not the interest incrued. It's the interest and the rate it's increasing at that we cannot keep up with. If Pakistan was a person, a financial adviser would reccomend default, rather than using payday loans or high interest credit cards to pay off loans and mortgages.
However if we do this, we will have to live within our means, that means no more borrowing - which is something we are incapable of doing.
bro idea is good for true people of pakistan, who can't live beyond means. but it will kill politicians and their perks... we are wheat, rice, milk, producing country no issue of food shortage. remember we import low quality wheat, rice etc and export high quality and this difference is what government earns.
Please please do that. I beg you. 🤪
People , have you guys ever asked your politicians about this debt ? Every time , your government escaped by showing India is your enemy. Honestly , your politicians and army destroyed your country. Karma , will hunt so badly .
1. No financial institution is willing to lend , because of high CPEC interest rate.
2. Gone to IMF multiple times , so it’s difficult to any institution to lend money .
3. China will bleed Pakistan in future and at some point you guys will say , it’s better to mend relations with India , rather than working with China .
It’s not really late for changing .
Muslmann hokkrr bhi asi halat kaise ho gayi
😃
I hate the mis management and corruption
Good explanation of a basic concept! What is TCM and, no offense, who is he? Does he hold any responsible position in Pakistan? Pakistan has very intelligent and competent people, both in Pakistan and abroad. I hope they come up with a solution and robbers like Sharifs and Zardaris and generals are severely punished; obviously a pipe dream.
One must ask how Pakistan ended up in this mess when its been blessed with such riches. I mean it must have been established politicians and certain POWERS who didn't do justice to Pakistan by not sufficiently stabilising it and using power for reasons of personal enrichment rather than creating a investment friendly business environment. It pains me to see that exactly those parties and their comrades are in power power again. To do what? More of the same? Well, that appears to be a heavily stupid idea.
And to be honest for me the picture looks like this: America runs Pak Army and Pak Army runs Pakistan. As long as those esteemed Gentlemen in Khaki will not stand up to America's bullying tactics and fight this economic terrorism as it has successfully fought real world terrorism things will not improve. I can only hope that those esteemed Gentlemen make it to grow some balls and run the country properly against all odds, cause America or IMF will never want Pakistan to succeed!
Bless our punjabi army .
Something vital to learn
Greatly explained.
I reckon it’s a death trap ….because we lose everything integrity solidarity and nothing left after that …
😄😄😄😄😄
yep , pakistan at this point is beyond repairable
China? Lol your public properties are leased to china. East india company yaad aya?
@@amanjaiswal7065 leased ka agreement teri maan ayai thi karnay yahan?
Why dont we put taxes on our exports as well
then It will affect the exports as well and people will find it difficult to export their goods.
I can't understand how taxes and inflation makes you able to return debt. We can never return dollars until we earn that, but everything imf ask you to do is only reduces your capacity for export 🤔
Taxes will make you not rely on external sources of financing i.e. loans. Inflation is a way to wipe out the unproductive population by reducing consumption. Pakistan is having land and water not only to feed Pakistan but Indian Muslims + Dalit populations but the productivity is so low that now it is even struggling to feed herself.
IMF wants to reduce subsidies paid by governments on patrol and deisel. If govt hasn't any money how can it provide such expensive subsidies??
@@rajakhokhar9731 By taking loans.
Well demonstrated sir
Tax is not the only way to increase revenue
This gentleman needs to study economics and basics again.. If the ease of economic activity is halted it will take out the potential of a country producing capacity and productivity.
Therefore, increasing taxes Wil always be the cause of scarcity, economic crises and overall disaster of an economy especially when it is at brink of being bankruptcy.
Uwise analysis and total not worthy explanation of current crises of Pakistan.
TCM get some more qualified personnel to talk on critical issues of Pakistan.
Remittance ka kia role hai. Kia is sy pakistan ky reserves ma azafa hota ? Agar hota hai to phir humy loan leny ku jana parta hai. Jab k Remittance 30b hoti hen or laon hum 4b lete hen. Plz explain
Annual Remittances to Pakistan aren't that significant maximum 15 or 16 Bn USD annually . It won't even pay for 4 months of oil import.
Good job bro
Ni
Debts on Pakistan should be removed by keeping in view this predicament .It is not possible for the state to spend 30 billion dollars to reduce the damage caused by the calamity and then pay 40+trillions as debt !!
Who would do that ? IMF , World Bank 8r China won't do that . Pakistan did a lot of economic mistakes
@@s9ka972 Hmmm
They can't, but they should! The mistakes were committed and they have been giving chances to the state to put the returning the debts off for a few years.
Mistakes of the past should be kept aside and here we are talking about the ramifications of the "unprecedented" production of co2 gas that is a result of the Raucous industrial activities of the affluent states.
We are incarcerated in this predicament because of their surfeit production of CO2 and it is foisted upon us.
As far as the case of natural calamity is concerned, they raised voices and funds through UNGA, etc. but they are enough to save the state from further loss by the ingress of the floods.
But once those" puny" dollars are spent for it then rehabilitation of the professional activities will demand more money bro.
And as he has mentioned, how a state can pay back the debts when it needs a monumental amount, which it, itself, doesn't have?
So, they have to do this because they did injustice to us.
What are your remarks on this?
Btw, they can give us some more time as well. It is up to them, but a relief is drastically needed.
@@sayyidalinaqvi1763 yes mistake is done by pakistan misusing tge fund pakistan should declare they can't pay any external loan which automatically will declare them as bankruptcy
Where was billions of dollars invested
? Education , Industries , infrastructure, which sector got the money ?
The military that pakistani people flex about took the money
IT
کھیل تب شروع ہوگا جب عام آدمی کو احساس ہوگا کہ لال نیلی بتیاں اور سبز نمبر پلیٹیں لگا کر گھومنے والوں کو یہ گاڑیاں ہم نے ہی خرید کر دی ہوئی ہیں اور اس میں جلنے والا تیل نہیں ہمارا ہی خون پسینہ ہے
Best sir
It's 'debt' Trap not death trap... LOL
and a debt trap is a death trap for pakistans economy
No straight answer to the question in the title
Please make graphs of spoken figures.
Many good content creators do this on YT.
i have listened this guy on twiter spaces, i guess
Good explanation
What is the alternate?? Clearly imf is not going to solve the issue.
Which issue?
Overseas Pakistanis please stop your remittances to Pakistan for at least 3 to 4 months and this will result in a complete overhaul of the system in Pakistan once and for all. Our system of governance is like a chocked gutter that is full of corrupt institutions and staffed with corrupt to the core individuals. No country in the world can operate & progress with such a corrupt and immoral system.
Bhai mulk ko sirilanka banana hai??? Remittance kum zroor hui hain khatam nahi karaiga koi bhi..
Perfectly said, let them learn the hard way...
Please don't completely stop remittances you can minimize it but this foreign exchange helps our low income brothers and sister to survive. Again, please don't stop completely.
What will happen is a military coup, nothing else. Stop fooling yourself mate honestly, the last thing we Indians need is your military in completed control again for the fifth time it will mean nothing but death for you.
@@mohammadshahzad717 you can not get success without sacrifice, something has to be done, India is laughing at Pakistan...
May yah daikh Raha hoon bohat say log mulk chore jayeen gay aur bohat say log refuges bun jayeen gay
IMF is ensuring that Pakistan, or for that matter any other country, applying for debt doesn't get intellectually strong enough where they could challenge IMF's machinations. IMF does so because it's IMF's business or else how would it pay fat salaries and emoluments to its employees. IMF has to run its shop. For instance, while IMF would keep telling a country, caught in its debt tentacles, which prices to increase and which subsidies to do away with to ensure payment of IMF'S exorbitant interest rates, it would never advise a country how to raise the standard of living of its people by improving their purchasing power. In simple words, IMF is what capitalism is, a bloodthirsty vulture. Despite getting fat salaries, you would find the laptop-wielding IMF officials looking like cadavers with their jaundiced complexions and looks totally devoid of any signs of life.
Q. Am i only one, who is praying that IMF refused to give LOAN and let it die peacefully...
Hope they don't.
Question/Video Idea? Can the people of Pakistan Pay off the debt? If each individual contributes to pay off the money.
No
The debt right now is of $220bn.
Country's population is of around 22mn.
That means every person needs to pay 2400000PKR to pay off the entire debt.
And in every family 1 person earns & 2 or more are dependent on him/her.
So that person on average will have to pay 7000000PKR.
Too much
Very well explained sir. 1 question if anyone can help me to understand. How does tax help in returning foreign loans? We earn taxes in PKR and return loans in USD. DO we use these PKR to exchange them into USD from local market? If so then this flow of PKR in local market causes massive PKR devolution? which further results in loans going up since we have to pay future loans in USD too?
We pay our local expenses in Rs and keep our reserves to pay off external liabilities including loans. Thats where foreign remittance play a pivotal role.
These all are misleading financial traps. Only option is to improve export to return debts and minimize imports. If Pakistan will reduce electricity price, it will help to improve export. IMF never guides to improve exports!!!
Didn’t get the answer
51740 billions not trillions....51.64 trillions
Sir on please English language Subtitles
yeh janaab dikhne mein artist Syed Shafaat Ali k bhai lagte hain
Appreciate❤
shouldn't it be debt trap??? and not death trap. if you don't know the difference I'm honestly very worried
I love this channel 💕😍😍😍
Make as much factories in pakistan all over then only palistan currency can propser we need lots of industries and factories and start manufacturing our own stuff rather then to focus on pakistan ordinnace factory only
What if we go for a planned default?
Translation please
Failed state of pokistan
The Basic Question is IMF=Riba So the Base of IMF is against Islamic Sharia so IMF programe will never ever help Pak economy i amused why our so called Seniour eloborate this
Pakistan should take some lesson from Bangladesh
Bangladesh at 50: From 'basket case' to rising economic star:
Before the onset of the coronavirus pandemic, the economy was growing rapidly, recording an annual expansion in the range of 8% for years.
The Asian Development Bank said that despite the hit from the pandemic, Even in coronavirus pandemic GDP growth was 4.5 in 2020. the Bangladeshi economy is recovering fast.
"Bangladesh also grows enough food now to feed its 165 million people. The country has a significantly reduced maternal and infant mortality rate than many other countries in the world,"
Bangladesh achieved middle-income country status in 2015 and is on track to leave the United Nations' Least Developed Countries list.
Currently, 98% of children nationwide have finished primary school, with more girls in secondary school than boys.
Literacy rate rose to 74.9 % in 2021 from 26.8 % in 1974
According to Global Gender Gap report 2021 by the world Economic forum, Having closed 71.9% of its overall gender gap, Bangladesh is the most gender-equal country in South Asia for the seventh time in a raw.
world Economic forum say the Muslim-majority nation over the years has invested heavily in the lives of women and girls. It has also made progress in combating child malnutrition and reproductive health.
With a GDP of over $409 billion (€362 billion), Bangladesh currently has the world's 37th largest economy and forecasts suggest that the size of the economy could double by 2030 and Bangladesh will be the world's 26th largest economy
Bangladesh has became a food sufficient Country ,the country became 4th largest producer of rice 3rd in vegetable and 3rd largest producer of fresh water fish in the world .
In 1971, Bangladesh started receiving foreign direct investment (FDI). In 1972 Bangladesh received $90,000 FDI, and in 2019 Bangladesh received a record $3.61 billion FDI.
private investment in Bangladesh was 14.5 Billion USD 10 years back but now in 2021 private investment increased by 74.5 Billion USD
As of September 2019, Bangladesh has immunized 38 million children since 2003. Bangladesh is a polio free country since 2006 and has eliminated the neonatal tetanus threat.
Global Gender Gap Index 2020. During the period of 1996-2017, the national rate of female labor force increased from 15.8 to 36.3%, which is higher than the South Asian average of 35%.
Bangladesh has been successful in terms of bringing down infant mortality ratio drastically. In 1973, the infant mortality ratio was 167 per 1000 live birth and in 2020, the ratio brought down to 21 per thousand live birth
The Bangladesh economy is dominated by the services sectors. Over the years, share of the service sectors increased to 56%. During last 50 years, Bangladesh economy experienced a significant decline in agriculture sector employment and rapid increase in industry and service sectors employment growth. Between 1980 and 2010, the service sector recorded steady growth of 3.6% to 6.7%.
EXPENDITURE ALLOCATIONS: On allocations, consider first the big-ticket items. Education and Technology (15.7 per cent of Budget), Finance Division (15 per cent), Transport (11.9 per cent) make up nearly two-thirds of expenditures. Social Welfare, Agriculture, Local Government and Rural Development, Energy, and Health each get about, give and take, 5 per cent of the Budget. A third of all these expenditures will be spent via the Annual Development Plan. So most of the budget expenditure goes to Human development , Education ,Health , infrastructure development and for productive sources.
Over 97% of medicine made in Bangladesh , Currently Bangladesh export medicine more than 140 country .
The garment industry emerged as one of the nation's success stories in recent decades. It is the second-largest globally, only surpassed by China, and rakes in over $35 billion a year from exports.in 2022 only RMG export crossed over 42 Billion USD
The sector employs 4 million people, the majority (80%) of whom are women, contributing to female empowerment.
Meanwhile, the Bangladesh government has set an overall target for exports amounting to $51 billion in 2022.
Remittances also play a major role in the economy, with Bangladeshi workers employed abroad transferring nearly $24.7 billion in the fiscal year 2021.
"Per capita income has increased in Bangladesh. Now it is 2550 USD higher than India .Foreign reserve almost 45 Billion USD
The improvement in female education has transformed the socioeconomic structure,
Providing scholarships for women's and girls' education is another factor. The women are now more articulate.
Net Enrollment in primary school 97.91%. Life expectancy more than 73 years .poverty rate is decreasing less than 10 %. more than 100 million people are using internet regularly.
Power sector also made huge milestone of 100% access to Electricity in the golden jubilee year.
The country successfully launched its first satellite " Bangabandhu -1 "on may 12, 2018 and became 57th country to have own satellite in space. Now Bangladesh preparing for 2nd satellite within 2025.
Bangladesh is not resting but building 100 Economic zone almost 11 Economic zone ready for production and also building 28 hi-Tec park for ICT export .Bangladesh has set a vision to be a developed nation within 2041 . Despite of facing cyclone, flood ,climate change effect and very harsh border with army ruled Myanmar after all this happening in each and every year Bangladesh comeback strongly effectively in every sector of the country/*/
I agree
Sr g ap ka apna channel h ????
Good voice
Great video but you never answered the Q in the title lol.
Off course no help going to death path
Please check the IMF principles take more interest and nations rapidly down
Imran Khan has put Pakistan into the worst situations we have ever faced, He failed to fulfill his own promises.
Edit: For those who are asking silly Questions under my comment
Where are 1cr Jobs?
Where are 50lacs Houses?
Does anyone from the foreign countries came to Pakistan for Job?
There are many points I can write here but no need as everyone knows what IK has done with this Country!
Achaaaaaa
I'm curious why you think that is?
Was it Nawaz and Zardaris who got interest free loans to privatize industries? Was it them who then reported losses year after year and were forgiven? Is it them who have billions outside the country now despite having no proof they earned it outside the country? Hence, when wealth is converted from rupee to other currency, is it not the rupee that loses its' value?
Was it not during the same time Nawaz took privately held dollars from the banking system while exporting his personal assets out?
There is no denying some of the incompetency of the IK cabinet member which led to his removal from the office. This economic mess was not created overnight or during his tenure. During his tenure, he obtained approximately $41 billion of which $35 Billion was for accrued interest and principal debt repayments. In another word, he only increased the deficit by $6 billion. What did PMLN do besides obtaining external loans to build Disney lands (motorways, metro buses, etc) where half of the population live below the poverty line. The PPP and PMLN have weakened the judicial process and have been reaping the benefits of external loans for their personal gains at the expense of the taxpayers mostly the poor class who contribute heavily through indirect taxes. The rich, military complex, politicians, industrialists, and feudalists pay little or no income tax at all. These are the people who reap most of the benefits from the external debt at the expense of an average Pakistani who struggles to put food on the table.
How exactly can you explain a little more?
22 billion Export in 2018, and when he left in 22 only textile export were more then 28 billion $.
2,800 Billion PKR tax collection in 2018.
and he left 6,300+ B PKR in 2022 when he left, even in the dark times of Covid in 19-20 and 21 the Economy was doing good and Pakistan was 2nd fastest recovering country from it's effects, also in 2018 FEX were 7 billion, and when he left in 2022 they were around 19 Billion and 27 billion in 2021. so how he left the country in worst condition? can you explain me plzzz.
I think you people have good economists but its too late ...Imran destroyed economy and pakistan went 20 years back 🙄
This has been going on since the 70s and the peaked again since the 90s what drugs are you on
Pakistan's total revenue is approx PKR 9 trillion while its debt is PKR 51742 trillion. Is it an error, does it make sense or is he telling the truth?
Sirr ❤❤
Total debt as per this video that pakistan has is = 51,742,000,000,000,000 rupees
convert that into dollars (on current rate) and it becomes = 246,785,952,616,000 Dollars
it becomes 2.46 Trillion dollars WTF IS THIS
exactly and people are like k bohat zabrdast explain kr diya
as per my understanding debt per person is around 200k. Is chawal ko economy ka shayed idea he nahin kya cheez h
Is there a case for successful debt forgiveness in the world?
PMLN & PPP should have taken so much debt rather they should had worked to strengthen economy of #Pakistan as #ImranKhan did.
Debt is not bad most of the western countries rely of debt with 100% of their GDP meanwhile pakistan has 69% of its GDP
For yur info debt's is made to tie up all those communities / civilizations of the time in starting of 20 century who want's an independent system for trading /doing bussiness on all necessities in thier on area like why the khilafat of ottoman where crushed down just cause that muslim's can never unite ans stand as 1 nation it will be a problem for west and jew's( the community which hate's the Muslims most)
With the help of the IMF even ,Pakistan economy can not survive unless Pakistan knows how to live within its means .what Pakistan is doing now borrowing from one source and paying to another creditor .one advice for Pakistan : don't live on the borrowed money .
I pray Pakistan defaults. So that we don't get these heavy and unsustainable loans.
No reason given why Pakistan goes to IMF repeatedly and who is responsible. No solution given either. And the readers go gaga, they are like wow what a presentation, how smart is the presenter etc. 😀😀
MashaALLAH
unfortunately we are a nation that does nothing, we learn no skills, we manufacture nothing, we produce nothing, we dont work hard, we all want easy money, our youth loves to dance on tiktok. We are just good politicians and no one can debate with us on current affairs and international politics as we know all that happens and how it happens but we just dont know how to up keep ourselves.
hey dont be sad pakistan has achieved good things too like providing training and radicalize muslims , give shelter to international terrorists like osama
call mass Hindu genocide in Kashmir
Its just that pakistan is paying now for all the deeds it did for the past 30-40 yrs
What the hell is that. Sell all zardari s n nawaz s property than ask
Why Pakistan pressed so hard. Debt to GDP ratio of India, US and UK is much larger than Pakistan?
Foreign reserves.
So basically the problem is every transaction is done in dollars.
Debt /gdp for Japan is 300% but it's not a big issue as they have large dollar reserves
Here is talked about external Debt to GDP.
en.wikipedia.org/wiki/List_of_countries_by_external_debt
No idea what you smoke. Pakistan needs to have $100 Billion as reserves for those, Pakistan real reserves are $9-10 Billion.
converted jahil
Its A Death Trap