Atiiyaat Ke Baghair Mulk Chalana Pare Ga Kyun Kay Koi Dainay Ko Tayar Nahi Hai ,

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00:00There is so much tax on the working class, that a common man loses his salary for at least a month.

00:09On the other hand, the Minister of Treasury has given an indication,

00:14and there has been a lot of discussion in the last few days,

00:19that no country can run on precaution.

00:23The private sector will have to come forward.

00:25But along with that, let's read his statement.

00:27The Minister of Treasury, Mohammad Aurangzeb has said,

00:30that if the targets of tax are not met,

00:34and there is no increase in the annual income,

00:37then the burden of tax will increase on the working class and the working class.

00:41Now, let's try to read and understand these two statements.

00:45Dr. Khan Najeeb is with us. He is a senior economist.

00:48Thank you, Dr. Khan.

00:51Dr. Khan Najeeb is with us. He is a senior economist.

00:55Thank you very much, Dr. Khan.

01:21Look, Anika, the thing is that at this time,

01:25no one was ready to give you money,

01:27when the IMF program was derailed last.

01:31The funding that you have received, the reserves that have been built,

01:35the empowerment that you have received,

01:38is only because $16 billion has been deposited.

01:41You had to return it.

01:43You asked friendly countries and their commercial banks to deposit it.

01:47You need a total of $26 billion.

01:50The point is that no one is willing to give you money anymore,

01:54on deposits, on long-term debts.

01:57Even multilaterals have come back when the IMF came.

02:01So, the economy of the ICU,

02:03to the doctor of the ICU,

02:05he has brought you back to the surgical table from there.

02:09So, you have this room, you have this time, you have this space.

02:13If a country has to run without reserves,

02:16because no one is ready to give.

02:19So, here's the following.

02:21You tell me your growth strategy.

02:23You went to fix your state's footprint.

02:26You went to privatize.

02:28You didn't do the premier privatization.

02:31The work of reorganizing the energy sector has begun.

02:34How will its formation be?

02:37And in the end, how much will you be able to handle the expenditure?

02:42You will be able to handle it and devolve it.

02:45And you will be able to broaden the tax system.

02:48Which means that you are going to implement agriculture income tax in January due to the fund.

02:55With retailers, you have said that we will collect 50 million.

02:59So, let's see what you can do.

03:01Traders didn't get a good response.

03:03And the third means retailers and wholesale.

03:07And third, will you be able to properly fix the capital gains at the federal level and local level by collecting money?

03:17The country is exactly standing here.

03:20If all this work is done in this time and space,

03:23then the country will move forward by exporting, earning locally and handling expenditures without getting the reserves.

03:31Otherwise, we will be at the door of the IMF for 2-3 years.

03:34If the program is completed, then we will be standing there again that it will be difficult.

03:40I think that is the background which is really defining the current macro-stability to structural reform of Pakistan's economy.

03:49Yes, you have said the structural reform thing very correctly, Dr.

03:52Thank you very much for joining me in the program.

03:54One thing is decided.

03:55On one hand, we can see the stock exchange moving forward.

03:59On the other hand, there is a lack of electricity in the power plants.

04:02But on the third hand, till these structural reforms are not implemented,

04:05till we do not shift policies from grassroots to top and do not implement them through and through,

04:12till then our economy cannot improve.

04:14Whether it is small or big gains, we have to go back to the blueprints.

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