Is the National Economy Heading Towards Improvement? PTI Leader's Comment

ARY NEWS

Transcript

00:00We were giving some statistics about the economy, so what is the situation now?

00:06Let's listen to what Mariam Sahiba has to say about the economy first.

00:12After a 7-8 year economy, Allah has blessed us.

00:17In the last year, there has been an improvement in the economy in Pakistan.

00:20When we took over, inflation was at 38%.

00:24Now inflation is below 4%.

00:26No matter what the media or the opposition says, everyone knows that Pakistan is in a take-off position.

00:32Okay, so now this statement has come.

00:35Mohamad Sahab is smiling and he has got some papers out.

00:38No, no, I haven't got the papers out.

00:40Now they have said that inflation has reduced to 4%.

00:43Explain this to them.

00:45They say that apart from fashion, there are 2-3 other things.

00:48That is called education.

00:50You haven't reduced inflation.

00:52Inflation is increasing.

00:54The speed at which inflation is increasing has reduced.

01:00That is a good thing.

01:02See, they were going at a speed of 45%.

01:06Inflation is still increasing.

01:09And remember one thing.

01:11You don't inflate for a month or two.

01:14You inflate for a whole year.

01:16According to the inflation of that year, even today,

01:19the year in which these people are playing the band,

01:22in that year, their total inflation was more than in the period of PTI in 2022.

01:28What is inflation now?

01:29We will tell you later.

01:30It is 7%.

01:32It is less than your time.

01:34All the indicators, economic indicators, all the indicators,

01:39see them in March 2022 and see them today.

01:43See all of them.

01:44Wait a minute.

01:45Let me tell you.

01:46In 2022, when these people came, Pakistan was being destroyed.

01:49Do you know that there was a B plus point of Pakistan at that time?

01:52Okay.

01:54There are 4 more stages below B plus.

01:58Then there is CCC plus.

01:59Whose rating was this?

02:00This rating was of Moody's and Fitch.

02:03Okay.

02:04Apart from that, do you know that there is CCC plus now?

02:08Before this, it went up to CCC minus.

02:10But listen to me.

02:11CCC minus.

02:12Wait a minute.

02:13CCC minus, so that the people who watch your program can tell you,

02:18CCC minus means at the verge of collapse.

02:22And CCC plus means it is in great danger.

02:27It is still in danger.

02:29It is still better than the verge of collapse.

02:31A person has failed in 10 subjects.

02:33Now instead of 10, he will fail in 7 subjects.

02:36So yes, he is better than that.

02:37Still, he has failed.

02:38I would like to do two things on this.

02:40We will also get an answer from Mr. Rana.

02:41One is that we saw the current stock market boom.

02:45It is also an indicator.

02:46No.

02:47Not the exact figure, but also an indicator.

02:49Hold on.

02:50Wait a minute.

02:51I will get your answer on this.

02:52The second thing is that the percentage,

02:54if it was going at 38%,

02:56I already believe that there is a trend of increase in inflation.

03:00And I keep giving clarity.

03:01I mean, wherever I sit.

03:03I had a discussion with Mr. Rana on this once.

03:05And this is what we talked about.

03:06That there is no decrease in inflation.

03:07There is a trend of increase in inflation.

03:09People's living conditions still need to improve.

03:12There should be a trickle-down effect.

03:14Now, these current statements,

03:16for example, you must have seen MD IMF.

03:19That's a positive sign, right?

03:21Or is it not?

03:22That is also positive.

03:23Look, you were standing on the edge.

03:256 inches ahead of it.

03:26You must have made an effort.

03:27Look, I didn't make any effort.

03:28Let me tell you one thing.

03:29Do you know that in the last 1.5-2 years,

03:311 crore 60 lakh people have been pushed down from the poverty line?

03:36Do you know that the time when they lied about Pakistan's justice system,

03:42the unemployment rate was 5.4%.

03:46Do you know that today it is 9.5%?

03:49Is it double that?

03:50Sir, when your government was about to leave,

03:52before that,

03:54do you remember the statements of Asad Umar Sahib,

04:02Sheikh Rasheed Ahmed Sahib,

04:04addressing the Prime Minister?

04:06Do you remember that?

04:07Enlighten me.

04:09That people are worried.

04:11People's condition is very bad.

04:13Hold on, hold on.

04:15I totally agree with you.

04:17I am not saying that Pakistan is in a time of justice.

04:20But what did we do?

04:22As soon as we came, we changed the entire system.

04:25We had a delay of 6 months.

04:27I think it should have been done a long time ago.

04:29But it didn't happen.

04:30What did we do?

04:31It was a drop.

04:32It dropped to 0.18%.

04:35After that, what happened?

04:362.4%, 5.97%, 6.2%.

04:39All these things.

04:40See, a positive was going on.

04:42You need at least 5 years.

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