In logon ne awam ko tohfa diya huwa hai: Humaiyon Mehmind

ARY NEWS

In logon ne awam ko tohfa diya huwa hai: Humaiyon Mehmind  #inflation #gdp #election2023 #pti #aiterazhai #arynews

Transcript

00:00 But now moving forward, Senator, I have a question for you.

00:04 I want to know, because this is a worrying situation for everyone.

00:08 My question is that the government that comes in,

00:12 the problems increase compared to the previous government.

00:16 The economic situation in your government,

00:21 the situation was better in the time of the Noon League.

00:24 It could be better comparatively in the time of the People's Party.

00:27 If you look at the dollar, etc.

00:30 Why do things get worse with every government?

00:36 First of all, I don't agree with your statement.

00:40 And the reason for that is,

00:43 when you look at the statistics,

00:45 you see that when PTI came,

00:50 the GDP, which is one major factor that tells you the growth,

00:58 was around 5.9 or 5.8.

01:03 Then PTI brought major changes,

01:07 free floated the dollar,

01:09 which led to a drop in the dollar,

01:14 from 3 to 0.9.

01:16 Then in the next two years, it touched 6.

01:19 So, in the last two years, Pakistan is the only political party

01:23 in the country that in the last 4.5 years,

01:26 according to the economic surveys,

01:32 their growth has touched 6 GDP.

01:35 Next, they said that electricity...

01:38 I have a question for you.

01:40 Since you have objected, I wouldn't have given my opinion.

01:43 Tell me, is the GDP the standard to assess the economic and public growth?

01:51 No, look, the public and GDP are of two or three things.

01:56 One is per capita income.

01:59 Per capita income in 2013 was around $1,300.

02:04 And by the end of 2021,

02:07 the income was around $1,700.

02:11 Apart from GDP, look at exports.

02:15 Exports were $26 billion before this.

02:18 In the PTI era, it was $28 billion.

02:21 Look at the agricultural sector growth.

02:23 I get it.

02:24 I know this stat.

02:26 My basic question was this.

02:29 It's about two or three things.

02:31 Since you have the mobile phone with you,

02:33 you can search it.

02:35 GNP is also seen in this.

02:37 The basic factor to assess the public's condition

02:41 is not the capital, but the public's condition.

02:44 That is the Human Development Index.

02:47 It shows that the capital is developing.

02:51 The workers who have it...

02:53 You can search it on Google.

02:54 No, sir, I'll answer you.

02:56 This is used all over the world.

03:00 Sir, I'll answer you.

03:02 I'll answer you.

03:04 Remember one thing.

03:05 In the development you're talking about,

03:07 it shows how many jobs were created.

03:10 In the PTI era,

03:12 1.8 million, 1.8 million jobs were created every year.

03:17 In the PTI era,

03:19 1.1 million per year were created.

03:21 In the Muslim League era,

03:24 1.4 million, 1.4 million.

03:26 So, the PTI has performed better than all of these.

03:30 Now, you talked about the Human Development Index.

03:33 If you look at the Human Development Index,

03:36 in the last five or four years,

03:40 in the PTI era,

03:42 it has improved from where it left off.

03:47 It's not as good as it should have been.

03:50 But a big factor to that was that

03:52 it was based on 189 countries before,

03:55 now it's based on 192 countries.

03:57 Number two,

03:58 we're not improving at the speed that other countries are.

04:03 So, it's much better than us.

04:04 And the basic reason for that is,

04:06 what is the basic reason?

04:08 The basic reason is your business opportunities.

04:11 These two governments,

04:13 the 75 companies that they have given,

04:17 the IPPs that they have given on the basis of capacity payment,

04:21 and they have given them at 14 cents,

04:23 that means that the energy formation that your industry needs

04:31 is 300% different from ours.

04:35 We give 14 cents,

04:38 but the rest of the world is using 0.14, 0.13, 0.12 cents per unit.

04:46 So, their gifts and their gifts will not end before 2027.

04:50 Now, what is their condition?

04:52 Their condition is that in 2024,

04:55 we have to give two crores of capacity payment.

04:58 How much is two crores?

05:00 Two crores is the difference between the defence budget

05:06 and the civil budget of the federal government.

05:09 The civil budget of the federal government,

05:11 that is two crores.

05:15 So, these people have given gifts to the people.

05:19 If you look at their numbers,

05:23 when you compare them,

05:25 one more thing that they said,

05:26 Naz Balot Sahiba said that

05:28 they did not file any complaint against Musharraf.

05:31 In 2004, he said bye bye to IMF,

05:35 and in 2008, he started it.

05:37 Musharraf left them 7 GDP.

05:43 They brought 1.8 GDP.

05:46 They did this.

05:48 If you start looking at everything,

05:52 they said that they took loans in 3.5 years,

05:57 and in 4.5 years, they took loans.

06:00 In 1.5 years, they took more than 1.8 billion dollars

06:08 from PTI.

06:11 In just 15 months.

06:13 What did the stats say?

06:16 What did they do?

06:18 Sir, the stats are telling us what is happening.

06:20 Let's take a break.

06:22 We will talk about other aspects after the break.

06:27 Can we get better?

06:29 Or is there no chance?

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