An Economist explains why Petrol is 209 Rupees and Economic Reform - Ammar Khan -

[@kakacricket]

Ammar Khan is an absolute legend. He is one of the best energy analysts . follow his stuff everytime he writes

[@umairawan8100]

A very thorough discussion on the import of Russian oil by Pakistan.. totally bought Ammar's argument... Keep shining Shehzad ❤️

[@itsmeshravs]

It’s interesting how such a high quality show has only 30 K subscribers also most of the comments are from Indians… says a lot… Indian podcasts are devoid of such high quality discussions …

[@kadphises1534]

Aalmi takaton ki saazish hain

[@religiousfatigue3700]

Endyaa hindoo ki saazish hai ye bhi 😁😂

[@AKumar-co7oe]

India is going through a de-intellectualization right now. When Carvaka podcast and its ilk is considered intelligent we are fked

[@DoomSlayerTheGamer12.]

No doubt this a very intellectual podcast but thr r several Indian podcasts as well…may be u need to explore more…

[@itsmeshravs]

@@DoomSlayerTheGamer12. : have watched a lot of INdian podcasts , but honestly have not seen as good , unbiased and purely intellectual conversation . If you know any Indian podcast , plz do let me know , would be happy to watch that as well

[@adilhme]

Thanks shehzad for bringing ammar. Love his clarity and brilliance. Best wishes to you from India.

[@zunairazubair2268]

This was enlightening. Thank you for having Ammar over.

[@naveedali1406]

Atleast we're now talking about economy and exports, 5 years ago the debates were just security, bombs and conflicts.

[@thegallantgirl8193]

💕❤️❣️ this is by far the best podcast in pakistani history.

[@Shahzebfaheem]

Agreed. I'm a fan Shahzad ❤️

[@Shahzebfaheem]

@@hannahparker424 More like Shahzad's 😂

[@xotwod9639]

1 min into the podcast and Ammar has earned my respect by not going with any label to avoid polarization. This is why he's the only person I look up to for unbiased point of view on economy.

[@Shrimpspiration]

People like Ammar, Atif, Uzair, and others should come together and form a group, and every year should publish a counter budget, BEFORE the official budget is published. A day might come, when someone in power might think of choosing it...

[@DoomSlayerTheGamer12.]

May be NY police budget is more thn the Pak’s defense budget but I’m sure none of the NY police officials own business and mansions in other countries.

[@ctscan3088]

Shahzad pra, never ask economists if they are optimistic, it is "the Dismal Science", I agree with everything our guest said...Kudos!!

[@AvinashPatil-1]

You know where largest refinery in Asia is? It’s next to your doorstep…Reliance facility Jamnagar, India. It’s no brainer how Pakistan will be benefited if there were normal relations with India

[@zeshanshah4182]

I doubt the oil reserves are more than Iran. If it was then India wouldn’t be buying approximately 2% of their oil from them.

[@AvinashPatil-1]

@@zeshanshah4182 it’s a refinery. It buys crude from Gulf, refines then sells domestically and internationally

[@MukeshPanicker]

@@zeshanshah4182 it's a refinery, you dont know what is a refinery 😂😂😂

[@AM-cq6mt]

He made very good points. One more point is to revamp beuraucracy, FBR, military and other govt machinery so you get value from each rupee spent on them

[@aalamemon]

Your attention to relevant and active topics is much respected my friend. And I feel your indignation towards the state of our democratic history and sensitivity to the current socio-political atmosphere. Keep shining man ✊

[@venuvangueety]

I recently became a fan of this podcast, but so many brilliant economists in Pakistan, why doesn’t establishment consult with these guys who know things. Some of them are educated in Ivy League schools it is baffling.

[@dbyajitroy]

Very serious conversation. Today I learnt something.

[@nitinsaini2772]

Have been following Junaid, but good channel..nice podcast.. 👍 from india

[@AbdullahAliKhan]

Congrats for 30K Shehzad! Waiting eagerly for the studio setup tho! :D

[@ShehzadGhias]

Thank you! Cameras ajaye bus

[@arvindnarasimhan4423]

This was an engaging podcast. Ammar was very articulate without being too officious and boring. Great job. Listening about Own for the cars is fascinating and had to google to find out more. I am curious about the files being referred for property and not sure what that means. BTW Ammar missed your joke on the Daal..

[@AKumar-co7oe]

@@ThePakistanExperience Files for property = property ownership documents for a future property : sorta like stock market certificates for a SPAC I guess. This podcast and analysis is extremely interesting for Indians because it talks about all the hundreds of small policy decisions that our politicians and bureaucracy has gotten right over the decades which we tend to ignore. e.g. focus on tech and education, dismantling feudalism, building vertical cities w/public transport, investing into rail transport rather than highways for goods movement, attempts to move up the manufacturing value chain, taxing oil and building metro rail, early investments into renewables and EV, taking on only rupee denominated debt. Our policymakers get a lot of things right over the years but only their mistakes tend to get highlighted in the discourse over here.

[@RSyHabib]

Thanks for this conversation. Several things to learn. Keep it going...👍

[@DoomSlayerTheGamer12.]

Another interesting podcast…keep up the good work 👏🏻👏🏻👍

[@sardarnasir1839]

Shehzad should seriously read the room. AK was not comfortable with the political jabbing and he still kept doing it.

[@ayeshaakram7483]

absolutely loved your podcast...

[@kawan5851]

If what he said is True then it means that PTI Economic team did the worst things possible to the Pakistani Economy.

[@sid619redox]

I agree with Shahzad that it is not a binary per say, the binary is perhaps more prominent in forced or bonded labor, the issue is that the state has to come with with parameters and regulations into what jobs are suitable for children of a schooling age, 12-18. Like Ammar said children used to be exploited for coal mining but that analogy does not apply to 16 year old interns or apprentices who are learning a skill, the truth is that people need a way to make money, kids in my class used to do newspaper runs and baby sitting as early as forth grade but they were well paid for that time and it was never more than 2-3 hours a day and all still attended school and would help out their families. The economic challenges faced by people should not minimized the answer probably lies in a mixed system where children in Pakistan who work are registered well compensated and register tax payers so their rights are protected. With respect to the exponential population growth and rising inflation there is no way for the state to completely fill in the economic strain felt by the most marginalized.

[@WajidAli-nk4lx]

Wow. This perspective of thinking change my life. Thanks brother for bringing this gem here.

[@WajidAli-nk4lx]

@@ThePakistanExperience Love ho gya Shahzad Bhai.

[@shivsharma883]

Brilliant analysis. Nice to follow this Experience 😀 👍

[@daa7241]

India's 5% will be 20-30% of pak consumption so it would have benefited. Main thing is pak don't have cash with it as Russia want payment in advance. He is right that gulf give oil in lease to pak.

[@DiscussionBegins]

Shehzad! please mention the names of readings that Ammar had mentioned.

[@anuradhakochhar]

Great show.

[@Suqrat400]

Good interview Shahzad, keep up the good work.

[@alokranjan5410]

Love your show.. highest of Love and respect from india

[@itsmeshravs]

Seriously shehzad, very high quality content dude. Best wishes and keep it up

[@ShehzadGhias]

@@itsmeshravs thank you

[@scopysurgeon]

economics might not be your area of expertise, but you got a lot out from your guest, great Shahzad. you can improve on your lighting, its too harsh, just a suggestion.

[@AvinashPatil-1]

Shehzad, you are genius man!!

[@AvinashPatil-1]

@@ThePakistanExperienceyour genre is in choosing right topics and asking right questions to guests…

[@ShehzadGhias]

@@AvinashPatil-1 💜💜💜

[@humayun007]

Shehzad could you please put the Russian oil section of the discussion on Facebook.

[@shandarjan1656]

Best podcast so far

[@vikasbhargava5653]

Wow 10 months ago these were the prices. I would like him to come now an explain why is the price 329/- today?

[@shinsukinakahamu1125]

Interesting convo

[@Phymaths]

It was an informative episode. I loved listening to Ammar. Plus his way of conversation is really amusing. Moreover he is really funny 😅

[@adeelakif6657]

This was very interesting podcast, please also invite rafiullah kakar on balochistan issue ,

[@CoolWinter]

my second favorite duo first one toh muzammil or shehzad hi hyn

[@getevennow]

Mainly the military establishment without a shadow of doubt.

[@MukeshPanicker]

Can you give a tour of your new studio for your viewers ???

[@ShehzadGhias]

Sure but there's nothing much to it abhi

[@swajidraza]

Great episode Shehzad 👏 I think political discourse in Pakistan can change so much with correct understanding of our past mistakes and future potential. I actually learned a few new things listening to Ammar. He has a more Mosharraf Zaidi vibe (substantive positivity) rather than Junaid Akram (self depricating humor).

[@AKumar-co7oe]

Mosharraf Zaidi and substantive? lol - he's just an army bootchaat with a western accent

[@manishmohapatra8320]

Sir India me 110 INR ka Petrol he PPP yaha zayda hoga Pakistan se phir bhi hum indians ke salary ka almost 28-35% toh income tax, gst wagera me hi nikal jati h....India me zyada burden he logo pe despite having more PPP

[@abhaypatel4292]

That's why government actually has enough taxes..time for Direct tax reforms

[@sananography]

Ghais Sahab ne to economic fallout ka blame Imran Khan par dalna tha. But the analyst told that PTI had better export policies and made pakistan export oriented country

[@shahidanusrat6086]

LOL 🤣

[@shahidanusrat6086]

@@ThePakistanExperience nice answer

[@waleedbintariq9421]

Apart from the premium content... 4 bje, 4 bje was really awesome...😁

[@targetMove]

34:30 Trying to understand his exaple here, if you purchased a file and with that investment if "Real" construction of the building starts, doesn't it create jobs in construction sector? Also cars example, if those cars are driven as taxis or Ubers, wouldn't it cause some jobs? I know you are not exporting anything it's still creating some jobs?

[@onlytruth3402]

if there is growth every year then why Pakistan economy size GDP in terms of dollar not in terms of devalued rupee not increasing in same proportion and why per capita income not increasing?

[@hamidpk]

great podcast Ghiyas

[@ansermalik5951]

Love your Podcast/Discussion watching It for a long time, Just started this and sending message again. I have seen your podcast where you took audience and that was Great and Once you said in a message you are thinking to bring that segment permanent to Talk with audience and experts together. This could be grear having common Pakistani people with different opinion Inside & around world with respect instead of putting label. I am waiting for that segment. Thanks.

[@akhaqan]

Excellent episode. As an expatriate watching this, I was expecting an economist's answer to why Pakistan won't default, not a political slogan. If possible and realistic, please do an episode on Why Pakistan is where it is, start with a one liner and try to disprove it i.e. we are here because of the meddling of Generals (hint Sikander Mirza & Ayub Khan....). They are not letting the system run.

[@NadeemKhan-xk1od]

Please do a program on why the Pakistan army still is a British army? Indian army is no more british. Pakistan army get land 1000s of kanals - not sure why these rules are not changed.

[@shahidhassan8799]

Our principal reason for approaching IMF is to address our balance of payments problems cutting out onsubsidies a saving in local currency does not apparently generate dollars surpluses to address our principal financial issue ie balance of payment issue could you pl elobrate

[@farishabib9177]

excellent pod. highlight "Pakistan is a Suzuki Alto" --- too true

[@xenabidin8788]

who else loved the Tahirul Qadri Move 9:44 , char baje

[@ctscan3088]

I would like to set up an IT workshop in Pakistan but I need Ammar's help, can you help Shahzad...you are connected bro.

[@HassanGaba1]

29 min in, I'm hoping you guys touched upon the fact what the economic cost of last 3 months political shenanigans was. People will scoff at me but the fact is things would have been less severe if there was no VoNC in the first place. Who ever planned this VoNC was no friend of Pakistan.

[@aalamemon]

Shehzad did discuss it in the last episode with muzzamil

[@fireangel911]

Start mixing ethanol in petrol slowly and gradually

[@tapasvibhardwaj]

Nice

[@yasirsultan2649]

Improve video quality please

[@khanskingdom8275]

Shehzad bhai great channel with amazing speakers. But, please cut out the unprofessional parts such as 'iss ki koi shakal hai', 'inn logon ko kuch nahe pata', etc. There needs to be professionalism. It's an informative channel and such talk would be best suited for off camera. Other than that, loving the videos!

[@cixin10x]

Energy costs can lower production costs and living costs. Ultimately drives up wealth creation. Roads and infrastructure help in the long run, but PK is competing against bankruptcy. PK can go bankrupt long before the completion of those infrastructures. Lowering the fuel cost is the best way to spend money during a period of production shortage.

[@sunala1265]

*Fact to know of Pakistan: Champion of FATF 'STILL ON GREY LIST TILL OCT 2022'* Pakistan lost $ 45 Bn till today. *The removal of Pakistan from the Grey List of FATF is not like for another six months at least.* The lifting grey list is not likely to make any real change for Pakistan. Even if it is taken off the Grey List, the benefits to Pakistan will be minimal. Pakistan, rich in natural resources, and manpower is in a dire economic state today. On the brink of bankruptcy. The major reasons for Pakistani economic plights today are its attitude towards commerce and monetary policies. Pakistan slipped into ‘Aam danni Attanni, Karcha Rupiah’ mode in the early sixties, from the the time of Ayub Khan. It has preferred to waste money on non productive expenditures, and futile adventurism. Its short sighted generals and politicians were foolish enough to be dragged into unnecessary wars, and creating terrorist outfits for and on behalf of its military the USA. Money poured in by USA was actually a narcotic, slow poison. It lulled Pakistan into a sense of false belief on its importance, and worse, the need to balance its income and expenses. It assumed that money would come pouring in forever. And that there is no need to pay back any loans from IMF, China, Saudi Arabia, Qatar, World Bank, etc. This attitude that world owes Pakistan a free ride still exists in Pakistan. So long as Pakistan continues to spend more than what it can afford to, it will continue in this situation only. Pakistani Army is an albatross around its neck. It is the real ruler of Pakistan and consumes major part of its resources. Like all armies it is un productive. Not to forget, nearly 50% of its national income goes in debt servicing, leaving little for the people of Pakistan. Politican uncertainty has bedevilled Pakistan since 1960s. It continues to this day. There is no leader in sight strong enough to change course. Sad, but true the lifting grey list is not likely to make any real change for Pakistan. *From USA FATF fact check.*

[@fatimariaz5432]

Please need a clip of the child labour example! And on Instagram

[@sajidfaizmalik6803]

Like if you got the Daal khate bhi hain aur lagate bhi hain at 1:22:55

[@GumNaam_Reader]

55:00 Rural population had made a lot of money. Seriously? These sweeping statements aren't good for his credibility. The rural population is the most oppressed in Pakistan. He isn't aware of the situation at ground.

[@fredikoli5314]

@21:00 typical economist thought , I have never met an economist who isn't defeated by the stats, when you study economics you actually think these graphs are the be all end all , human will is the be all and end all.

[@crazydweller7581]

Can you please let me know if the paperboys in US and Canada qualifies to be child labour

[@haroon420]

In the end all of Pakistan will be full of only residential apartments and restaurants. These will be funded via overseas Pakistanis and foreign aid funds. The whole economy is gearing just for roti, kapda and makaan. Nothing else.

[@muhammadharris4470]

Ammar naay shezad ki suru mei hee pack kr dii 🤣

[@atharali1027]

Book recommendations in comments plz

[@ammarhabib123]

i) This Is How They Tell Me the World Ends - Nicole Perloth ii) The World for Sale: Money, Power, and the Traders Who Barter the Earth's Resources - Javier Blas iii) The Prize: The Epic Quest for Oil, Money, and Power - Daniel Yergin

[@allergischaufdasrontgen7644]

I don't want to disagree with Ammar or challenge anything he has said here its just that maybe he is not much into cars, Every New Car being Sold in Pakistan Today has minimum 2 Airbags except for Suzukis(Low end Variants), and every new Car except Alto, Cultus and Wagon R have Power Windows.

[@ammarhabib123]

Boss that is the point. The 'except' that you gave, explains it all. Safety and base level tech should be a standard across all models and mandated by regulator.

[@shrawaniverma4454]

That all right but the price of automobiles in Pakistan is exorbitant. 15 lakh ki Alto wo bhi bina airbag ke mazak hai hya..

[@shrawaniverma4454]

Common people will never be able to afford a decent car.

[@omerinflow]

Ye Ammar bhai b Muzammil Shah ki tarah joke par bari mushkil say muskuratay hain lol

[@ssmax81]

I am against child labour but I am in favour of child training. Help poor kids learn new marketable skills so that they can earn money later in their life. These kids cannot afford regular schooling, neither are their parents educated enough to teach them. They need proper grooming and guidance. Otherwise, they will become criminals.

[@abhaypatel4292]

Better than child labour..tell your girls in homes to go out and help in production in sectors

[@ssmax81]

@@abhaypatel4292 well that's the problem with capitalist economy. Even if these kids qualify from school, can they get admission in the university? You and I both know what's the future of a matric pass. Unless govt provides them proper institutions and care centers, we as a society should do something for them.

[@DI_Arpita_CY]

I got a 🍪 So I’m here. I feel bribed. So giving a “like”… umm the content is wonderful too.

[@bilalkkify]

Sir we know all this BS... Tell us the remedy for the issue.. and also be brave enough to nominate the govt. which is responsible. Mashallah both of you are "Ls".

[@sannak786]

Arctic ice sheets have been melting at an increasing rate. Russia, Canada, US don't need Icebreaker ships year round as they once did. The Russian oil will become cheaper if it's not cheap enough now. Rogueeconomist, it's surprising that you're not updated yet on the melting ice sheets?... Almost sounds as if you're tagging the narrative of the Big Boys.

[@shahzorekhan6544]

Time to tax real estate, build public transit transport infrastructure and promote and support exporters warna same yehi haal hoga aglay 10 saalom mein bhi Pakistan ka

[@abhaypatel4292]

So aren't these taxed in pakistan?? Damn..also I read the budget the government collection was 32 billion dollar...no wonder why pakistan always have bohran dar bohran..they need to increase the radius of taxation and reduce dependence on indirect tax that causes inflation It also shows how elite matter more to pakistani government than the people and also shows where the power to influence the government actually lie and that i hope changes

[@AssumeZero]

You limit your listeners' ability to share your excellent podcast in many groups, because of your use of curse words. Please reconsider if that's a good idea.

[@ashxz]

Every podcast or channel harps on the same answers - corruption, exports "establishment'. But these remain as buzzwords. No follow up.

[@fireangel911]

Election. ?? I presume you mean SELECTION. Don't you recollect your chat with muzamill

[@hritikraghuwanshi2049]

Are you free and just reading comments so I will not write comment for your entertainment

[@AnujKumar-wj3ju]

@1.21 This pakistani 🇵🇰 analyst doesn’t know tourism only contribute 12 percentage of srilanka gdp Where's industry contribute 26 percentage in srilanka gdp. These so so called pakistani analyst just say anything. 😂

[@mzia8925]

That was a shit podcast. I doubt this guy’s economic credentials. He is comparing Pakistan’s defence budget with NYPD. I’ll leave it at that for now.

[@MrAbc111]

بھارت کو دور ہی دکھو

[@SerenityScribbles261]

Ghais Ko Maza NAhi aa rha, ammar Ko Army aur IK ko Galiyan Danee Chahya Tha...

[@SerenityScribbles261]

@@ThePakistanExperience know that 🤕

[@arnabmondal3152]

Ye PTI walo ko youthia kyun bolte hai?

[@muhammadharris4470]

maybe youth who is chu*a 🤔

[@hsafootballworld1321]

Because they are very intelligent people

[@xenabidin8788]

party had some sort of a youth wing, but now it applies to every youthia, i mean 70 yr old youthias as well

[@rossgolla876]

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 4th largest producer of fresh water fish in the world . 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. 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.**

[@eeshaanks.7549]

I am sorry but on the issue of Child Labour, The so called 'Legend' Ammar Khan seems to be so clueless. There are laws in Europe and the West against Child Labour in Dangerous Work Situations and that is strictly prohibited like Coal Mine, Factories etc. This is not applicable on Child above 14 working in a Restaurants or Non Dangerous work environment. When even experts of Pakistan are so clueless, God Save the Country!