#Budget2024 #PakistanEconomy #Inflation #MuhammadAurangzeb #Budget #PMLNGovt #PPP
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NewsTranscript
00:00I'll try to get back to Mr. Motiwala in the meanwhile.
00:03Huzoor, Assalam-o-Alaikum.
00:05Wa-Alaikum-Salam.
00:07Thank you for your time.
00:09The political parties are saying that
00:11we don't know anything.
00:13We don't know anything.
00:15So you tell us, have you had any discussions?
00:17Or is it that the budget will be announced
00:19and then we'll cut the live stream
00:21and say that the budget is being looked at
00:23in the Chamber of Commerce
00:25and so on.
00:27Mr. Motiwala is also saying that he doesn't know anything.
00:29You tell us, then I'll go to Mr. Sharmila.
00:31Look, I'll tell you
00:33that we're anxiously waiting
00:35for this budget.
00:37We've heard about the new taxes
00:39of Rs. 3,500 billion.
00:41We're already not well.
00:43We're also not well.
00:45We don't know where it will come from
00:47and from where it will be collected.
00:49The information I've received
00:51that Rs. 2,000 billion will be collected
00:53with the addition of sale tax
00:55or with the withdrawal of exemption
00:57of Rs. 2,000 billion.
00:59I don't know where it will come from
01:01because all the people who are paying
01:03income tax, we collect at least
01:05100% to 87%.
01:07So we're very much
01:09anxious.
01:11We don't know what's happening.
01:13But if there's a budget of Rs. 3,500 billion
01:15and last year we saw
01:17GDP growth,
01:19export growth,
01:21large-scale industry performance,
01:23except agriculture,
01:25we haven't seen any performance.
01:27If you put so much tax on it,
01:29it will be an even bigger problem.
01:31I'll come back to this.
01:33I said that suddenly
01:35politics has taken over the economy
01:37and if we can show the viewers
01:39that...
01:41You understand our compulsion, don't you?
01:43Yes, of course.
01:47Mr. Sharmila, your voice was cut off.
01:49You were saying that
01:51the shares of the four provinces
01:53will not be discussed.
01:55Then you said
01:57that there's no time left.
01:59What will you discuss?
02:01Your line was cut off.
02:03Was this the thought of the entire
02:05parliamentary party or the leadership?
02:07Or was it the thought of the majority
02:09that we're not sitting in the budget?
02:11This decision was made
02:13with consensus.
02:15The chairman took the
02:17opinion of all the members.
02:19Senators and MNAs were also included.
02:21It was a joint parliamentary party meeting.
02:23And it was decided
02:25that we will not participate
02:27in the budget session today.
02:29Because we answer our voters.
02:31And when the People's Party
02:33supported them
02:35in Mr. Shivaji's election
02:37through their vote,
02:39there was an agreement
02:41that in the next budget,
02:43within the PSDB,
02:45we will be discussed
02:47and our input will be received.
02:49We have a manifesto.
02:51We have a history
02:53of serving the people.
02:55We have to bring relief to the people.
02:57And this is our promise to the people.
02:59But if the agreement is violated by PMLN,
03:01there is no reason
03:03to support them further.
03:05There are many things.
03:07Did the chairman himself express
03:09his disappointment and frustration
03:11that the Noon League is not taking us
03:13on board on such an important issue?
03:15The chairman
03:17and I
03:19work together.
03:21And we gave a lot of leverage.
03:23We waited till the last day
03:25for PMLN to consult us.
03:27We don't blackmail anyone.
03:29The People's Party doesn't believe in blackmailing.
03:31And the People's Party doesn't do
03:33radical politics.
03:35But let's not take the decency
03:37of the People's Party lightly.
03:39If we don't have the numbers,
03:41this budget cannot be passed.
03:43This government cannot survive.
03:45And this agreement
03:47is for the betterment of the people.
04:01The President of the country
04:03is the President of Pakistan.
04:05You can meet him whenever you want.
04:07But consulting on the budget
04:09and taking the input
04:11of the People's Party
04:13should have been done with the People's Party team.
04:15It should have been done with the chairman.
04:17It should have been done with the People's Party finance team.
04:19It shouldn't have been done with the President.
04:21But if Mr. Sharmila Noon League says
04:23that this is a budget compromise,
04:25which is called a budget speech,
04:27but the House will open on this
04:29and it will go to the committees.
04:31When did we say that this is not a final?
04:33Mr. Badami,
04:35I am talking about the agreement.
04:37The agreement was
04:39that we will have a pre-discussion
04:41with the People's Party team
04:43before presenting the budget.
04:45This will be brought
04:47with the consultation
04:49of the People's Party team
04:51on the public sector development projects
04:53of all the four provinces.
04:55This is against the agreement.
04:57You are talking very precisely.
04:59And this is a matter of a few days ago.
05:01I think this exercise
05:03should have started a month ago.
05:05This should have been done
05:07with the People's Party team
05:09This is an agreement.
05:11Which individual gave this commitment
05:13by the Noon League?
05:15We all agreed that
05:17if the PMLN
05:19does not understand us,
05:21then they should
05:23have a consultation with us.
05:25And if that agreement
05:27violates it,
05:29then there is no reason
05:31for us to attend the session.
05:33Can the People's Party go to the extent
05:35of not supporting this budget
05:37when the PMLN does not understand us?
05:39Look, it is a matter
05:41of today's session.
05:43We will not discuss the budget today.
05:45Let us see how the PMLN
05:47interacts with us
05:49and how they move forward
05:51with us.
05:53Because apart from this PSDB,
05:55there are many other things
05:57in the agreement
05:59that the PMLN has not
06:01implemented with the People's Party.
06:03This is just one thing.
06:05If the PMLN does not implement
06:07with the People's Party,
06:09then it will be very difficult
06:11for us to move forward together.
06:13Has there been any discussion
06:15about taking part in the budget
06:17or not?
06:19Look, there will be a discussion
06:21on that later.
06:23If the situation remains the same,
06:25then we may have to abstain from it.
06:27You know better than us
06:29what abstaining means.
06:31Yes, I know.
06:33But abstaining means
06:35that the government fails.
06:37We know the repercussions
06:39and the PMLN also knows the repercussions.
06:41If they are violating
06:43their part of the agreement,
06:45then they should know
06:47how important
06:49the People's Party is to them.
06:51And if it is important,
06:53then they should implement
06:55their pre-agreed
06:57agreement.
06:59They should implement
07:01their pre-agreed agreement.
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