00:00 Today we will try to find out what is going to happen in the coming days.
00:05 Viewers, today in the history of Pakistan's economy, in the last 76 years, the most important
00:13 record that has been made, the official figures of the exchange rates from the State Bank
00:20 of Pakistan are in front of us.
00:22 According to the Sangay Meal that we have decided today, viewers, you can see that today
00:26 is 24 August, the value of the dollar, Mr. Hassan Yousuf, you can listen to it, Mr. Chaudhary
00:31 Ghulam Sain, you can listen to it, that is, by the grace of God, 300 rupees.
00:35 Now the overseas Pakistanis will send one dollar to Pakistan, my family, my relatives
00:40 are abroad, so I will get a lot of benefit.
00:43 In exchange for one dollar, I will get 300 rupees in Pakistan.
00:46 And now what will be the effect of this on Pakistan's economy?
00:51 The result that we are going to discuss here is that when the government of the Pakistan
00:56 Muslim League went to the noon in 2017, the value of the dollar was around 104.
01:03 A lot of criticism was made of them.
01:06 Mr. Allah, you have artificially suppressed the dollar.
01:10 You are throwing money in the dollar market and wasting it.
01:14 And you have done your work for no reason.
01:16 This is not increasing in exports.
01:18 And the country's economy is not flourishing.
01:21 But on the other hand, when the dollar increases, we buy all our oil needs from abroad.
01:29 We buy food oil from abroad.
01:31 We buy our raw material from abroad.
01:35 So when the dollar is expensive, it has a very bad effect on the lives of ordinary people.
01:43 My life and the life of Hassan Ayub and Chaudhry Ghulam Saab is not so much affected.
01:49 But the life of ordinary people is very much affected.
01:52 We will talk about this in a later moment.
01:54 We have invited Mr. Shabbarzadeh.
01:56 We will ask him what is the situation of Mr. Shabbarzadeh?
01:59 Where will we go?
02:00 What will happen?
02:01 What will happen to Pakistan's economy?
02:03 Today, Mr. Shabbarzadeh has become a dollar of 300.
02:07 First of all, you tell us your reaction immediately.
02:11 Because when Pakistanis see that the dollar has become 300,
02:15 obviously, they are shocked.
02:18 What will happen? Where will the dollar stop? Where will it not stop?
02:21 So what was your immediate reaction?
02:23 Was it a surprise for you or just a normal, regular routine news for you?
02:28 Look, my immediate reaction was that when the caretakers will come,
02:35 they will take some steps that will change the situation of Pakistan's economy.
02:43 For example, they will reduce the consumption of electricity.
02:46 And they will demonstrate that we are serious about our economic matters.
02:51 But the last 10-15 days that I have seen,
02:55 it seems that they are going to do the usual work.
03:00 And if they do the usual work, then the economic difficulties of Pakistan will increase.
03:06 Mr. Khawar Gurmand, I am the only person in Pakistan who has been keeping the seriousness of the economic situation of Pakistan in front of people for the last 10-15 years.
03:19 And the ruling class of Pakistan, whether it is Imran Khan,
03:25 whether it is Shaukat Kareem, whether it is Mr. Sardar, whether it is Mr. Mifta Ismail, whether it is Mr. Shabaz Sharif,
03:35 they have been making the nation foolish in this matter that the economic situation of Pakistan is good.
03:42 The economic situation of Pakistan has been very bad for the last 10-12 years.
03:48 And in any indicator, Pakistan has not shown any positive position.
03:55 And the situation of Pakistanis, the kind of conversation we have,
03:59 that means we are arguing about whether Mr. Sardar has written a letter or not,
04:04 sometimes four balls get mixed up in the bucket,
04:07 sometimes we go and people fall on the rope, we are rewarding them.
04:11 These things do not run the country in this way and this state is moving towards economic destruction,
04:23 in which I do not see any seriousness in its correction.
04:28 Yes, we have Hassan Ayub with us in Islamabad, he will also ask questions, then we will go to Mr. Javed.
04:34 Thank you very much. Mr. Shehwar, my question is that today I can see your tone when you were the chairman of the Tariq-e-Insaf committee
04:42 and you said that the sooner we accept the fact that the country is Diwali and we take steps in accordance with it,
04:48 the better it will be so that we can put the economy of Pakistan on the right track.
04:53 Today I feel that your tone is that Pakistan is really default.
04:57 I repeat the old question again because you had given clarification later in that time.
05:01 So, have we become default and if we have become default, then what steps are needed now?
05:06 Look, my tone has never changed in this matter.
05:11 The thing I said in 2021, it was the same position at that time, my position was the same in 2018,
05:19 and default is a technical term that we can pay a loan or not,
05:28 but the situation of Pakistan today, if we do not wake up with it at this time,
05:37 then there is no right for such a nation to live.
05:41 Look, you are explaining to me that this figure of the dollar you are seeing,
05:45 the price of the dollar, I have received an inflow of 5.5 billion rupees.
05:51 I have received an inflow of 5.5 billion rupees from Saudi Arabia and China and other places,
05:58 despite that the dollar is not able to stop.
06:01 But you explain to me that the Pakistani nation or the rulers of Pakistan,
06:07 have they heard anything?
06:10 Have you seen any discomfort in anyone's face or in anyone's style or in the way of talking to anyone?
06:19 Look, this nation is moving forward very quickly like destruction.
06:24 My tone is exactly the same as it was before.
06:26 But the solution is to put an emergency in the country,
06:31 stop big cars, stop the market, what nonsense is this?
06:35 Your twin cam and all your big cars are running, big Land Cruisers and these Mercedes,
06:42 what nonsense is this?
06:44 There are 200 police officers standing in front of the High Court,
06:47 some are standing here, some are standing there, should we send them home?
06:50 What nonsense is this? Why have you kept them here?
06:52 They are in Passat, they are in Passat Mac, should we stop them in the first place?
06:55 Should we send them home?
06:57 This cannot be done.
06:59 You have decided that this will continue, this will continue,
07:03 this is over, India has gone to the moon, you are still tied to the wire.
07:07 Mr. Shahbaz, Mr. Ghulam Sain is also wanting to ask a question.
07:10 If you ask a question, the whole nation will answer.
07:14 But there is also a point of view that the dollar appreciates,
07:17 the value of the dollar increases,
07:19 so the money that we export, or the money that is exported from Pakistan,
07:23 they get more money here,
07:25 it will encourage bringing more foreign exchange into the country.
07:31 Look, Mr. Ghulam Sain, that is very true,
07:35 but the limitation of Pakistan's exportation is that
07:38 if I sell something,
07:42 then I don't have anything made, what will I sell?
07:45 I don't have the quantity available,
07:48 I don't have cotton, I don't have electricity,
07:50 so what will I make and sell?
07:52 The question is, I have 22% interest,
07:55 how will I make something, how will I sell something?
07:57 So if you increase the dollar and increase the money,
08:01 like Mr. Khawar Gokhan started that my business is abroad,
08:04 earlier he used to sell for Rs.290, now he sells for Rs.300,
08:07 if we have this mentality, then it is fine,
08:09 but it cannot be reversed.
08:11 All the bars are being exported.
