Does Pakistan need to restructure its debt?

[@RohitKulshreshtha]

Great content. KZbin creators are often a better source for nuanced analysis than traditional media.

[@namamisharade4509]

It's neither IMF nor China, nor KSA nor UAE etc who are going to pull out Pak .... it's Pakistanis themselves.....they need to live within their means ....they need to realise sooner that it's NOT the duty n responsibility of others to support them forever as Pak is a nuclear power....

[@anythings3946]

India held elections just before getting into the IMF program, that government bought India's famous LPG reforms, the Pakistan's election commission should go forward and call an election and the new government should take the hard pills to solve the problems because the government will have 5 years time to get Pakistan into the right track will atleast have the chance to say that they solved the problem of Pakistan.

[@vinsin328]

India was never under IMF program.

[@anythings3946]

@@vinsin328 India was in IMF program in 1957,1962,1963,1965, 1985 and twice in 1991 in 1991 India held it's election and also was in IMF program

[@sreyanshuchaterjee3962]

To consider a formula that worked on a demographics with certain cultural ethos, will work on another is a false assumption. The Pakistan of today is driven by two things and those things matter to them the most -- Islamic Law and The thirst to rule over Kafirs. As to why they have such strong opinions on these topics is a separate discussion. Pakistan needs a dictator, that shall purge the Kafirs to pacify its own awam. With this hatred as 'urity', the public shall be gullible enough to usher in any new policies. It shall also cultivate these 'kafirs' and keep them at forefront and force hordes into mosques and piousness. Pakistan needs a shit show like Rome did. The Kafirs shall be the hapless gladiators doing their bidding to keep the public pacified and the empire to go on. Ultimately it shall end like Rome, fractured but under new power centers, the future Punjab province as statehood and the others Balochistan, Khorasan, Sindhudesh as leftover of an empire. In practical sense, the churn is necessary. With this step the former core two fundamentals will start getting challenged by public en masse. Once that happens, the formula you have prescribed will start to take shape and a bright future awaits them. Timeline - 2050.

[@rohitropable]

Hi Uzair - very informative podcast - you’ve spent lot of time talking about solutions to the current debt crisis, but could you do a podcast on what is the longer term solution? ( ie what goods / services could pakistan actually export) - IMO unless that problem is solved, this situation will just repeat itself Basically jab tak $ mulk ke andar nahi aayenge, is masle ka koi long term hal nahi hain

[@economicstutor9313]

Agreed 💯

[@HOG1070]

absolutely right

[@rvharikrishna]

How can they do it with such poor quality education and messed up law and order situation? To reform education means you’d have to put religion on a backseat, and that’s not going to happen. This is the country where hafiz-e-Koran folks get priority hiring and entrances to even medical colleges. This is “land of pure” we are talking about, they do not entertain any heterogeneities, which causes a lot of law and order issues. Pakistan ka matlab kya? It all follows from there.

[@mylord3003]

in the long term, we will corporatize erstwhile charity organisation like LeT. we will raise public holding capital, shares, debentures etc.

[@karansareen212]

What a simple yet informative conversation! Seems like only Indians watch this channel. Bhai koi to Pakistan army, government ya Imran ko yeh lessons dikhao. Desh doob raha hai aur inki Zaman park ki Lukka Chupi hai Khatam hi nahin ho rahi hai

[@vinsin328]

Why are you bothered?

[@jaguargun4547]

Excellent discussion. You 2 should work for Pakistan or Argentina. They need brains like yours

[@hdsz7738]

One question, if Pakistan is taking loan from chinese commercial bank in bilateral form, would that add pressure to Pakistan's debt over long term, as bilateral debts are difficult to reschedule?

[@nadkarnisandeep]

A good look at the options without the temptation to indulge emotionally. Looking forward to more episodes.

[@sureshshukla87]

Alhamdulillah, with no fuel and electricity, pakistan will become true Riyasate Madina.

[@theaqeels1429]

Bravo Uzair Duo! Quite an eye-opener on the core economic issues facing Pakistan.

[@kgindia6685]

But what is the long term 5+ years solution to Pakistan's economy? Currently it looks like Ground Hog Day - repeating over and over again!

[@sanjeevnitrao7605]

Two Uzairs make a right.....informative with great content. Thankyou both.

[@kapurshi]

Chinese loans are at a way higher interest rates more than double the loans that IMF and the Paris club dish out. In addition the IMF and other multi-lateral parties forgive loans more often and the Chinese have yet to. The latter are more likely to ask for a port some other asset for debt equity swap. This the key point that is missing.

[@uzairaqeel7132]

The cost of debt is hard to analyse without better debt. But if you calculate the "effective" cost of debt (ie, what Pakistan has paid in the last 12mo including principal repayments + interest) then you arrive at 2.89% for bilateral loans (ie, China) and 3.97% for IMF. Only the multilateral facilities (IFC, ADB, etc) are cheaper, at 1.62%. No question this is only half-right because large principal repayments in one facility vs another can affect it, but it's not possible to conclude Chinese debt is more expensive.

[@ChetakB]

Why are you guys not running Pakistan economy? Why are you not in politics?

[@MrPrabhatRastogi]

No one will vote for them. Indian reforms may have been created by Manmohan Singh and Montek Singh - but were implemented due to Narasimha Rao’s bold bet and ability to play politics correctly. Democratic leaders with political capital are only people who can actually do reforms. Unless you are an efficient autocracy like China is (rathar was - before Xi). And your people are willing to trade off freedom for technocratic decision making.

[@ravindra7791]

Because the population is too stupid to elect them. Similarly, MMS could not manage to get elected from a Delhi constituency which should have lots of educated voters...

[@KararaJawaab]

Because, Pakistan Was Made By Elite For Elite. Listen To Ishtiaq Ahmed, He Used To Be Pakistani, Moved To Sweden Long Back. He Has Wrote Many Books On Pakistan.

[@vinsin328]

They dont want to be. In India also Journalist dont run Indian economy.

[@Slayer123-g6v]

@@vinsin328 journalist seriously these people expertise ecnomy

[@Shrimpspiration]

Another great video, thank you. Please make longer videos... Listening to sane voices these days is the only reprieve.

[@IndiaTides]

India is doing more for Pakistan through G20 than their own govt. We put it on agenda and forced at least two creditors on table to talk.

[@hunter62207]

Can I have a reference for that please?

[@vinsin328]

Evidence? How that helped Pakistan? What steps India is taking right now? G20 is over. What India Government plan for atleast next 20-30 yrs to help Pakistan?

[@PanakaluPoonakam]

@@vinsin328 India can help a LOT to Pakistan if only you could just keep the status quo on the border. We can provide credit line for your purchases in rupees like we did for Srilanka and Bangladesh. We can give you cheaper fuel. We can build 3-4 IITs, which you can call PIT (Pakistan Institute of Technology , or any other name of your choice) and provide scholarships/ fellowships to your students to study in best universities in India. You might not believe, few universities are counted the best along with US universities. We can build hospitals and build medical tourism in Pakistan. We can supply cheap grains. For example, today we have a bumper Onion/Potatoes/Tomatoes production and prices have crashed. We can supply them cheaper for you. Onions are selling at 20 INR per kg. We can have joint ventures in IT. Also space programs. You name it and we can work with it. And cherry on the top, we can build two pipelines IPI (Iran-Pakistan-India) and TAPI (Turkmenistan-Afghanistan-Pakistan-India). Also we can build a freight railway from Ludhiana all the way to Moscow and into European cities, which also you can benefit from. You can release movies in India and you have an audience of at least 60 to 70 crore and earn lot of revenue. There is one South Indian movie called KGF-2 that earned nearly 1400 crore INR in revenue ~ $ 170 million. That's a huge market for you.

[@akashbose9253]

India should have done more both in case of srilanka and Pakistan

[@sreyanshuchaterjee3962]

@@akashbose9253 Why do you feel the same about Pakistan? You do understand that a flourishing Pakistan means an unstable Kashmir and Punjab? As a Bengali, we should also understand what their ideology is towards Bengali and esp Hindus. You should read about their war generals and public know-how to understand this fact. The Bangladesh of today does not remember 1971, history may get repeated. There has not been a single court martial or trail to 900k murder r@pe of Hindus by Pakistani army in Bangladesh. Don't forget their major target was Hindus. 7 million refugee in India and a national crisis due to actions of Pakistan over mindless supremacist mindset. A few rational Pakistani doesn't drive the idea of Pakistan. Lets talk real here shall we? Note: When I state Pakistan, consider it Punjab, Pakistan. The Baloch, Balti and Sindh doesn't harbor such ideologies.

[@pspsdan]

@27:04 calling IMF's bluff ? So IMF 's money will be used to service high interest Chinese debt ...and preventing that is a crime? Has China done anything in Srilanka and Africa? nothing. This predatory lending in unviable projects in the name of BRI itself is a crime. The concerned countries must suffer the consequence or else such bad financial behaviour will continue.

[@vallisan2364]

Honest conversation - as highlighted the solutions are clear, it’s really a question of political will

[@rajeshnair1030]

Few things that need to be done 1. Transparency ( example - conditions of all the Financial help / CPEC etc ).. no one till now knows the finer points of the loans availed so far..... so that there is debate/understanding/unanimity and then the masses need to be taken into confidence for the long term.. in any case one generation has to bear the brunt for the wellbeing of the future generations 2. All Political parties need to understand that irrespective of who comes into power, the situation WILL remain the same.. hence all the stakeholders ( political, bureaucracy, military, intelligentsia etc) have to sit down and IRON OUT ALL INTERNAL DIFFERENCES

[@vinsin328]

1. Not possible. Trying doing that in India first. 2. You never know.

[@rajeshnair1030]

@@vinsin328 In Pak's current condition, things that have not been tried before have to be done ..

[@explorerfoxy]

@@vinsin328 As per Pak Studies Books-Pakistan is made for kalma, Pakistani have jazba, Pakistani have iman as Muslims have iman. Pakistani are azeem kaum. ISI no 1 in world, Pak Army no 1 in world. Insha Insha General Lal Tope will start Gawaza a Hind and Pakistani sabaj parcham will fly in Delhi. Insha Insha Masha Masha Pakistan will rule the world. Yahood hanood nasara sajish, Absolutely Not, imported sarkar na manzoor. Hahahahahaha. Madsara chap Jahil kaum of Pakistanis.

[@pgandhi123]

What’s wrong with this video ? They keep saying govt needs to do this or that .. policy document is not good …. GOVT can’t do anything except enable private sector industry to succeed

[@Faiza-Irfan]

Such an educational podcast!

[@hunter62207]

Uzair, why did you help write Haqqanis report in which he made a case for Bajwa to be allowed for martial law to the Americans

[@fahd6757]

Great podcast, it’s frustrating to see talented Pakistanis offering free professional advice (which they would otherwise charge for) and no one in power seems to be listening to them

[@sureshshukla87]

Maal-e-ganimat is legit and only solution to financial problems of Pakistan. National Rahmatul-lil-Alameen Wa Khatam an-Nabiyyin Authority can guide.

[@penguin_88]

So basically 35-40 billion needs every years for minimum of next 5 yrs!!! As an Indian, I would say that Pakistan need lots of restructuring and investment in its economy.

[@sureshshukla87]

Worry about aakhirat. That's the only purpose of life.

[@dwightschrute5979]

Answer is yes

[@djsachins]

good education guys .

[@KararaJawaab]

*_05:15_**_ Inshallah inshallah. This IMF Tranche Comes Through._* *_Chalo, Pahle 5 Minute Me Hi Summary Mil Gya.😂_* *_Pakistan Through the Lens of the 'Triple A' Theory - By Abbas, Hassan Still Valid._*

[@sureshshukla87]

The God who can't provide two square meals while you are alive, how would he provide milk, honey, liquor, hoors and gilma after death? Time to switch loyalty.

[@vinsin328]

After death you can taste those as per Islam.

[@_KAnil]

Pakistan will not improve to attract FDI in futuristic industry requirements due to poor literacy rate.

[@vayuagni]

Saudi said no free loans like candy.

[@aanakrukavi]

How can Inshallah can provide loan Work your Ass out and then wait for result rather than something else.

[@IndiaHereNow]

Uzair Squair

[@szuberi]

5:16 Inshallah Inshallah IMF gives us money. Pakistani economy is entirely running on chants of Inshallahs.

[@explorerfoxy]

As per Pak Studies Books-Pakistan is made for kalma, Pakistani have jazba, Pakistani have iman as Muslims have iman. Pakistani are azeem kaum. ISI no 1 in world, Pak Army no 1 in world. Insha Insha General Lal Tope will start Gawaza a Hind and Pakistani sabaj parcham will fly in Delhi. Insha Insha Masha Masha Pakistan will rule the world. Yahood hanood nasara sajish, Absolutely Not, imported sarkar na manzoor. Hahahahahaha. Madsara chap Jahil kaum of Pakistanis.

[@rvharikrishna]

I’m no economist but isn’t this country basically running a Ponzi scheme? Borrow from this guy pay the other, borrow from the other and pay this guy. Bubble is bound to burst and the creditors will have to go for a haircut, and most of the credit is some tax payer’s money and these creditors need to be held responsible for irresponsible lending.

[@alkaagarwal9998]

Uzair akil is cute.

[@roughriderkenan8447]

Pakistan needs dissolution and then economic restructuring. Cause debt restructuring with the current Pakistan and it's institutions is a big sham.

[@bhaveshpatel7042]

TTP/TLP PHILOSOPHY IS WELL INTREGUED IN PUNJAB, IMRAN KHAN IS THEIR FACE.

[@rajendrawandhare9114]

1400 sal ke pahile wali Rayasate Madina banane ja Rahi hai Pokistan.Hurry Up

[@piranha3037]

SAHEB, BLACK DAY ON 28TH OF MARCH !!! PAKISTAN FORCEFULLY OCCUPED BALOCHISTAN ON 27TH MARCH 1948. 28TH OF MARCH IS BALCK DAY FOR BALOCH NATION. PLEASE WEAR A BLACK BAND ON 28TH OF MARCH.

[@manu.ba374]

Ye english bolne wala keerraa Pakistanio mein pata nhi kab khatam ho ga.

[@SulemanAbbas-jp3im]

zero technical knowledge given or discussed

[@anonymouspm44]

Are only Indians watching this channel? Why so few Pakistanis in comment section?

[@vinsin328]

Why are you worried?

[@alkaagarwal9998]

Bas kir bas kar yaar

[@explorerfoxy]

As per Pak Studies Books-Pakistan is made for kalma, Pakistani have jazba, Pakistani have iman as Muslims have iman. Pakistani are azeem kaum. ISI no 1 in world, Pak Army no 1 in world. Insha Insha General Lal Tope will start Gawaza a Hind and Pakistani sabaj parcham will fly in Delhi. Insha Insha Masha Masha Pakistan will rule the world. Yahood hanood nasara sajish, Absolutely Not, imported sarkar na manzoor. Hahahahahaha. Madsara chap Jahil kaum of Pakistanis.