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The Reporters | Khawar Ghumman & Chaudhry Ghulam Hussain | ARY News | 3rd April 2025
The Reporters | Khawar Ghumman & Chaudhry Ghulam Hussain | ARY News | 3rd April 2025
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00:00Assalamu alaikum dear viewers, welcome to our first program after Eid, today is 3rd April.
00:22In today's program, we will talk about the COVID-19 diagnosis of President Asif Ali Zardari.
00:29There is a lot of commotion in the Pakistan People's Party regarding various issues.
00:36A special meeting has been held in Lahore with Mohsin Naqvi Sahib, Tahiyyat Qaid and President of Pakistan Muslim League Noon, Mr. Nawaz Sharif.
00:45Marjam Nawaz Sharif was also present there.
00:48What was discussed in that meeting?
00:51This is also a part of our program.
00:53President Trump has started a trade war with no particular country.
00:58He has imposed tariffs on the whole world.
01:03What will be the effect of this including Pakistan?
01:0629% tax has been increased on Pakistan.
01:11Tariffs have been imposed on our trade.
01:13What will be the effect of this, positive or negative?
01:18We will talk about this in the program.
01:20We are getting different news from Pakistan Tariq-e-Insaf.
01:23One news comes and after some time, the opposite news comes.
01:29What is going on in Pakistan Tariq-e-Insaf?
01:32Who is running the policy of Pakistan Tariq-e-Insaf?
01:40We are not able to understand.
01:42We will try to decipher and unpack this.
01:45The big news is that the Prime Minister of Pakistan, Mr. Shahbaz Sharif,
01:52has announced a reduction in electricity prices.
02:05The biggest news is that there is a reduction of Rs 7.41 per unit.
02:14Similarly, there is a reduction of Rs 7.69 per unit.
02:23What will be the effect of this?
02:25This is a big relief for the people of Pakistan.
02:30What will be the effect of this on Pakistan's exports,
02:34especially on the large-scale manufacturing sector?
02:42What will be the effect of this on people's pockets?
02:47We will talk about all these issues.
02:49From Lahore, Mr. Chaudhary Ghulam Singh,
02:51from Islamabad, Mr. Hassan Ayub,
02:53and Mr. Khaqan Najeeb, an economic expert.
02:56We often invite him to our program.
02:58Even today, we will talk to him about the big decision
03:03that the Prime Minister, Mr. Shahbaz Sharif, has announced.
03:10Mr. Najeeb, thank you very much.
03:11First of all, let's listen to what the Prime Minister, Mr. Shahbaz Sharif, has to say.
03:18After negotiating with the IPP, this team was able to pay Rs 3,696 billion,
03:24which was supposed to be paid in the coming years.
03:29That payment has not been made.
03:31Rs 2,393 billion has also been arranged for this loan.
03:36Today, we are announcing an additional Rs 7.41 fee unit for household expenses.
03:44Electricity will be provided at Rs 34.37 per unit.
03:49The cost of electricity for residents will be Rs 7.69.
03:59Mr. Khaqan Najeeb, your immediate reaction is obvious.
04:04There are different opinions on this.
04:07In the last three years, the prices have increased a lot.
04:11So, if Rs 7 is reduced per unit, it is not such a big relief.
04:18But obviously, it is a relief.
04:20If today, Rs 7 or Rs 8 has been reduced in a fee unit,
04:26then it is a very big relief.
04:28Even if it was not, what would have been done about it?
04:30So, again, it is a good relief.
04:32Mr. Khaqan Najeeb, what would you say?
04:34What is your opinion on industry and common people?
04:38Mr. Khawar, the thing is that the negotiation with IPPs and fuel price adjustment
04:43are for Rs 2, which is now Rs 34.
04:46So, this Rs 34 goes to the industrial consumer.
04:49If GST is added, it becomes Rs 40.
04:52But since GST is refunded,
04:54it is now Rs 34 per unit.
04:56B3 is the main category used by the industrial consumer.
04:59It becomes Rs 12.50 per unit.
05:02Since Pakistan is not competitive in South Asia, East Asia, and China,
05:09when you compare the energy costs of Pakistan with them,
05:12I think it is a welcome reduction in the sense that
05:14a good relief was made available by using these two things.
05:18It was passed.
05:19But I say again and again that
05:21the international values, the stability of money played a big role in this.
05:26And the agreements with IPPs that you have rethinked.
05:29There is still room for more.
05:31The IPPs of 2015, the IPPs of CPEC,
05:34which can be worked on debt to reschedule,
05:37there is a little more relief than that.
05:38I always thought that Rs 6-7 will come out here
05:41if we start selling more than electricity.
05:43So, these are all the things.
05:45But rightly, the authorities also said that
05:47we should always keep this thing close
05:50that this year also the electricity sector will lose Rs 600 billion.
05:54Mr. Prime Minister has just said that
05:56the theft is of Rs 600 billion.
05:58We have to stop it.
05:59So, to clarify this, what is it?
06:01T&D losses, that is, when electricity comes to your house,
06:05then the loss that occurs,
06:06that is, there is theft in between,
06:07there are line losses,
06:08including transmission and distribution,
06:11plus the bill that does not recover from you,
06:14from the whole country,
06:15which means that the bill does not recover,
06:16that is Rs 600 billion.
06:18So, we have to fix that too.
06:19Now, one way to fix that is to bring boards in the discourse.
06:23I think Pakistan has done it many times.
06:26Until you are in the organization,
06:28which means privatization, competitive discourse,
06:31which means fixing the regulation,
06:34which means fixing the policymaking,
06:36like we tried to fix the solar policy,
06:39then you know that we have to pull back on that.
06:42Look, when the state wants to do big things,
06:45it should always make its policymaking,
06:48its research, its research so solid
06:51that we give the same signal to the world
06:53that we are good to make good policy.
06:55So, all these things are going to happen.
06:57We still have to organize the electricity sector.
07:01Along with this, the gas sector too.
07:03Remember this too,
07:04such a big inter-corporate debt,
07:06call it circular,
07:07is varying between 2,000 to 3,000 billion,
07:10which is also in the gas sector.
07:12So, that has to be fixed too.
07:13The petroleum sector has to be deregulated.
07:15To do all this, I say four very clear things,
07:18which have to happen in Pakistan.
07:20An energy ministry has to become professional.
07:22An energy regulator,
07:23Ogra and NEPRA have to become professionals together.
07:26Transmission constraints have to be removed.
07:29And finally, all these discos have to be brought
07:31into competitive market behavior.
07:33These are the real tasks,
07:34which you can get out of this 600 billion
07:36and this debt of 2400,
07:39which you have collected.
07:41Remember this too,
07:42there are many old recoveries,
07:44which we have to do.
07:46Mr. Najeeb, who does all the work,
07:49let's include him too.
07:50I will ask him questions too.
07:51Then he will comment on this
07:53and if he has any questions,
07:54he will ask you too.
07:55Hassan Ayyub, first of all,
07:56I come to you.
07:58It's a good relief.
08:00But again, it comes that
08:02so much electricity has become expensive
08:04in the last few years.
08:05So, whatever is less, it is less.
08:08People say that more is less.
08:10So, how do you see this decision?
08:13But along with this,
08:14the big decision,
08:15to which the Prime Minister has also pointed out,
08:17is that you have to stop theft
08:19and at the same time,
08:20you have to privatize discos.
08:22He has promised that this year
08:23we will start some work.
08:25There is a disco worth 9 billion.
08:27I think he has also mentioned
08:28about Taslabad.
08:30It is said that
08:31where the unions are sitting inside the discos
08:33and then they put on the show,
08:35where the line losses are in double digits,
08:38there the government
08:39has thrown all the unions out.
08:42And it is said that
08:43there is a line loss in single digits.
08:44And sorry,
08:45we don't want to listen to you.
08:46If there are line losses in single digits,
08:48then they are acceptable all over the world.
08:49If we talk about single-digit line losses.
08:51And as far as reducing the price is concerned,
08:55it is not enough to say this.
08:57So, we basically hear such things.
08:59Yes, we have been hearing this since childhood.
09:00If the petrol is expensive for two rupees,
09:02then it is a super lead.
09:05If it is cheap,
09:06then on the fifth page inside,
09:08we put a single column news.
09:10So, this is the job of our media.
09:12We increase the price and present it.
09:14And the reduction that is being reduced,
09:16then this is our job.
09:18As far as Khakha Najeeb was talking,
09:22his talks are very good.
09:23May Allah make them profitable.
09:25He also suggests that
09:26you have to bring changes in regulators.
09:29You have to do competitive market behavior.
09:32Increase the professions in the energy sector.
09:34That is, we have been hearing this for a long time.
09:36But it is not profitable.
09:38These things are questions.
09:40How can a practical drama be made believable?
09:42This is the first thing.
09:43And the second thing is that
09:45along with the practical drama,
09:47people should also have a little fear.
09:49The people who are sitting on duty,
09:52they should at least know that
09:54if we misuse our authority,
09:56then it will have a consequence.
09:59That is, you do not use it politically,
10:01but it should be technically or effectively,
10:03professionally, you should have a stick.
10:06By showing the stick,
10:08the people who are sitting on duty,
10:10should not try to do anything wrong.
10:12Mr. Chaudhary, you are happy with the decision today.
10:15What is your reaction to this news?
10:18There is a lot of relief.
10:20This is what is being talked about all across.
10:22Mr. Chaudhary.
10:23No, there is a lot of relief.
10:25Is Mr. Chaudhary crazy that he will say no?
10:27I mean, there is still a lot of value.
10:31You cannot compete with anyone in the nine regions.
10:34In production or anywhere else.
10:36There is still a lot of need to be reduced.
10:39But I am the kind of person,
10:42that even if one penny is less,
10:46it is welcome.
10:48So, this is 7 rupees 41 paise less.
10:51So, the impact that will come from this,
10:54only experts will tell.
10:56And when the bill goes to Garelu Sarfeen,
10:58then we will know.
11:00But it is a good step in the right direction.
11:03And we should welcome it.
11:05Number one.
11:06Second, the Prime Minister has said that
11:083,696 billion rupees,
11:13which we have to pay,
11:15IPPs will not be able to pay that.
11:17Yes.
11:19That is a major development.
11:22This means that it should not be taken lightly.
11:25But 600-700, the sword is still hanging.
11:29There are many complex issues.
11:32But I think the government,
11:35the relief they have given,
11:37it is a welcome step.
11:39Okay, Khakha Najeeb,
11:41the biggest question is that
11:43with this relief,
11:45the big expectation is that
11:47the industry in Pakistan will be competitive.
11:50With our regional countries,
11:54and internationally,
11:56we will be able to use this relief in a better way.
11:59What is your analysis on this?
12:02Do you have statistics?
12:04This relief is such a big news
12:06for our industrial sector.
12:08How can they use it?
12:10Look, Mr. Akhawar,
12:11two or three news have come together.
12:13One is that
12:14what is your cost of doing business?
12:16The markup you have to give to the bank,
12:18because if you want to put a project today,
12:20then you put 30% of your money,
12:22borrow 70%.
12:24It is a project of one crore,
12:26you borrowed 70 lakh rupees.
12:28You were giving 22-22.5%.
12:30Today you will give 11-12%.
12:32So you are saving a huge amount of money there.
12:35So your cost of doing business has come down.
12:37If you were buying electricity for 18-19 cents,
12:40and it has now come to 12.5 cents per unit,
12:43then you have a welcome relief.
12:45If some refund of GST comes out soon,
12:49then your cost of doing business gets better.
12:52If I put these three things in front of you,
12:54then it improves your cost competitiveness.
12:57Whenever I have seen in Pakistan,
12:59whenever our policy rate has come close to a single digit,
13:03and we have made electricity prices a little competitive,
13:06then there is always an interest in Pakistan.
13:09Because on the sideline,
13:11in plots, in other areas,
13:13in dollarization,
13:15outside property,
13:16a lot of money is invested.
13:18But this is one thing, Mr. Akhawar,
13:20that today when I see the profits of PSX companies,
13:24cement, banking, oil and gas,
13:28they have all done incredibly well.
13:31That is why your PSX is trading at 1,18,000 today.
13:37So this situation exists in its place,
13:40that the margins in Pakistan have been good.
13:44Despite the fact that we have been through so much difficulty,
13:47the export of textiles is nearly last year,
13:50so there has been no such decline.
13:52But with all the cost of doing business improvement,
13:56you can expect a little that the units that were not viable,
14:00will go towards viability.
14:02And as you mentioned initially,
14:04this has become very important today
14:06because of the cost of doing business.
14:08Because now you are going to compete in the world with a 29% tariff.
14:12Because the US,
14:14which is a trading partner of 7 billion dollars,
14:17has imposed a 29% tariff on you worldwide,
14:21on 180 countries,
14:23you are also one of them.
14:24So that is why it was of paramount importance
14:26that we definitely move towards this direction.
14:28But I say again and again that
14:30because there is a relief of 2 rupees in this,
14:32be very careful that it can evaporate
14:35if oil prices change,
14:37changes in the price of rupees.
14:39So the fundamentals,
14:40you will say that for the sake of repeating this,
14:43and Mr. Hassan said that I always do this discussion,
14:46I give two very quick examples,
14:49one of your sector and one of telecom.
14:52We have deregulated both of them,
14:54liberalized them,
14:55and left them on the market forces.
14:57You can see the successful examples of Pakistan
14:59that how these sectors are flourishing.
15:01One question is very important.
15:03Mr. Hassan will also ask you a question,
15:05but what you are talking about,
15:07you always talk about deregulation.
15:09The tariff of President Trump,
15:11I would like your comments on it in the second segment.
15:15What Hassan also commented a while ago,
15:18what is the biggest reason?
15:21When we see that our line losses,
15:24theft of electricity,
15:26in production,
15:27a white elephant's face becomes a circular debt,
15:31Rs. 600 billion today,
15:32Mr. Prime Minister mentioned,
15:33why are we not able to privatize it?
15:36Why are we not able to reform our energy sector?
15:39What is the reason?
15:40If we did telecom 10-15-20 years ago,
15:43we deregulated the banking sector,
15:46what is the meaning of this sector?
15:49Why didn't we move forward?
15:50There is a lack of political will,
15:51the mafias are sitting powerfully,
15:53the profit-sharing mafias,
15:56or the unions,
15:57how is this possible?
15:59You have worked on this sector in great detail.
16:03Look, one thing is that their privatization
16:06is not that easy,
16:08that there are many flaws in it.
16:10One thing is that everyone's balance sheet,
16:12many balance sheets are negative.
16:15So, you will have to clean all the balance sheets.
16:18Number two,
16:19Mr. Khawar, this is a very interesting thing.
16:21I remember when we were sitting in my office,
16:23the privatization chairman was sitting there,
16:26and we were looking at this.
16:27So, we came to know that,
16:29for example, if you take Lescoe,
16:31many towers of Lescoe are built all over Lahore,
16:35around the areas.
16:37Those lands were with the Punjab government.
16:39The government's Lescoe was there.
16:43Now, those lands were never transferred to Lescoe.
16:46So, we went and saw that
16:48transferring these lands was another problem.
16:51Then, Mr. Hassan said a very good thing.
16:53If we wanted to post a CEO here,
16:56then the unions would go on strike.
16:58And they were not allowed to come forward.
17:00The office was not allowed to come.
17:02I have seen such incidents in the government.
17:04So, now you see that if you take these three things,
17:07then there is a fourth thing as well.
17:08We do not allow them to come in competitive behavior.
17:11Now, I have a very important thing in front of you.
17:13People say that SOEs are also in China.
17:15So, why are they running there and not in Pakistan?
17:18This is a really, really good question.
17:21And no one answers it.
17:22The answer to this is that
17:23when China allowed SOEs to flourish,
17:26they did not do this to keep them protected.
17:29What did Pakistan do?
17:30You have 9, 10 discos, right?
17:33We do this to equalize everyone's tariff.
17:35That is, if Disco A is doing more line losses,
17:39T&D is also more, their collection is also less,
17:42then its tariff comes from let's say 70 rupees.
17:45If Disco B is there, its tariff comes from 40 rupees
17:49because it is performing well while staying in the government.
17:52We will equalize these two and give the tariff of 55 rupees to the country.
17:55So, we do not allow this thing to come in front of us
17:58that a disco that is doing bad,
18:00tell it that your tariff is 70 rupees.
18:02You go to the differentiated tariff in Pakistan right now.
18:05Then see that people will go and demand from you that
18:09this Disco B is doing well in another city,
18:12why not Disco A?
18:13So, government has to start hiring professionals to think like this.
18:17I used to say the same thing in the government
18:19that until you do not bring these innovative solutions,
18:22this is out of the question.
18:23Absolutely right. Innovative solutions are needed.
18:25Hassan wants to ask you a question.
18:26I wanted to ask you that
18:28we have reduced the interest rate,
18:32we have reduced the cost of electricity,
18:36the environment has become business friendly
18:39and the conditions are better for large-scale manufacturing.
18:43Earlier, we could not compete because the cost of electricity was very high
18:49and secondly, the interest rate was very high.
18:54But we already had one thing available
18:56and it is still available today,
18:58that is cheap labour.
19:00We have cheap labour,
19:02but it is not available in Europe or other countries.
19:06So, this is our strength.
19:07Why are we not able to use it?
19:09And we have ignored it for a long time.
19:11See, this is true,
19:13but is there a quality of your labour?
19:16So, if we look at it in economic terms,
19:19then there is a natural ability of labour.
19:21Your labour is cheap,
19:23but that labour,
19:24like if you go to a counter on an airline,
19:26there will be five people standing there.
19:28Because five out of five are cheap,
19:30one will be picking up a bag,
19:31one will be issuing a ticket,
19:32one will be getting a boarding pass,
19:34one will be putting it on a railing,
19:36one will be roaming around there.
19:37Now, these are five people.
19:38Now, you go to Europe.
19:39In Europe, the same thing will be done by a woman.
19:42She will pick up a bag and keep it there.
19:44You yourself travel.
19:45You will be issuing a boarding pass,
19:46you will be looking at a ticket,
19:47you will be looking at a passport.
19:49See, the productivity of your labour is very low
19:53compared to the world.
19:55That's why the five people who give input
19:57to handle one airline passenger,
20:00they become equal to the same European
20:02who is handling one.
20:03This is the easiest example.
20:05So, you need skilled labour.
20:06Skilled labour.
20:07Absolutely right.
20:08Much higher.
20:09Yes, much higher.
20:10Because in the world,
20:11even in the Middle Eastern countries,
20:12there is a decrease in Pakistani labour.
20:16Because Bangladesh, Philippines, India,
20:18more skilled labour is going on.
20:20Mr. Chaudhary Gulamshan,
20:21the biggest issue that Mr. Khan is telling us
20:24is that in Pakistan,
20:26you have brought in professionals
20:28who are competing with the world.
20:30So, it is very important for us
20:32to bring innovative ideas into this industry.
20:35You can ask questions as well.
20:37And what else do you think
20:40this impact has had
20:42an effect on the overall people,
20:45in the form of a relief, Mr. Chaudhary?
20:49I am getting it checked
20:51how much it will reduce the burden
20:53on the common man.
20:55But the inflation,
20:56the claims and promises that were made,
20:58were only 8%.
21:00Today, an expert has stated
21:03that the inflation is increasing by more than 8%.
21:10So, this is not a proud achievement.
21:14We will have to see this.
21:16And the prices that people have raised
21:18in Ramadan,
21:19that is also in front of everyone.
21:21Secondly,
21:22where does your labour come from?
21:25And secondly,
21:26you do not have that labour.
21:28The unskilled,
21:29those who do not know how to work,
21:31those who do not know anything,
21:33they have not done any work here,
21:34nor are they outside the country.
21:35What work will you take from them?
21:37And which country will give you a job?
21:40This is what is being cried about all the time.
21:42What is TAPTA doing?
21:44What is the skill development board doing?
21:47And what else is the government facilitating?
21:50And what service are you doing
21:52just by getting an FABA pass?
21:54So, people should have large-scale skills.
22:02And there is a lot of demand here too,
22:04and it is outside the country.
22:06And in the same way,
22:07we should pay the least attention to this.
22:09Mr. Khan,
22:10this question,
22:11I should also ask you,
22:12what Mr. Chaudhry has said,
22:14I would like to ask you in simple words,
22:17that the lack of electricity in the prices,
22:20its impact on the general prices,
22:22because in Pakistan,
22:23there was a big reason,
22:25for the last 2-4 years,
22:27that the electricity bill,
22:29was the most,
22:30your income,
22:31of any person,
22:32it used to take a major chunk.
22:34How will it affect?
22:35And the rest,
22:36whatever is happening from the US,
22:38the work done by President Trump,
22:40how will it affect Pakistan,
22:42after the break?
22:44How will it affect Pakistan?
22:46How will it affect Pakistan?
22:48How will it affect Pakistan?
22:50How will it affect Pakistan?
22:52For the last 2 months,
22:53since President Trump,
22:54has taken over the presidency,
22:56there is a wave in the whole world,
22:58sometimes he says,
22:59I will make Canada my state,
23:0151st,
23:02sometimes he says,
23:03I want Greenland,
23:04sometimes he says,
23:05I will take over Panama Canal,
23:07and such different decisions.
23:09Yesterday,
23:10the decision he has implemented,
23:12in the US,
23:13the things that are exported,
23:15from all over the world,
23:16tariffs have been imposed on them.
23:18President Trump,
23:19has announced new tariffs,
23:21on the things that are imported,
23:23from about 100 countries in the US.
23:26In these countries,
23:27Pakistan is also included,
23:29on which 39% tariffs have been imposed.
23:32The US President,
23:33has imposed 10% on Britain,
23:34Ukraine and Kosovo,
23:35while in the European Union,
23:3620% on these countries,
23:3815% on Norway,
23:3931% on Switzerland,
23:4137% on Serbia,
23:4237% tariffs have been imposed.
23:44Apart from this,
23:45a long list of countries,
23:46China 34%,
23:48Vietnam 46%,
23:49Taiwan 32%,
23:50Japan 24%,
23:5126% on India,
23:5325% on Europe,
23:54Thailand 36%,
23:55Malaysia 24%,
23:56Cambodia 49%,
23:58Bangladesh 37%,
24:00Singapore 10%,
24:01Philippines 17%,
24:02Pakistan 29%,
24:04Sri Lanka 44%.
24:06Myanmar,
24:07also 44% tariffs have been imposed.
24:10Mr. Hakan Najeeb,
24:11the electricity prices,
24:13have gone down,
24:15and the overall prices,
24:17have gone down,
24:19the rate of inflation,
24:21has gone down,
24:22how much will this affect,
24:24and the new decision,
24:26by President Trump,
24:28regarding Pakistan,
24:30will it benefit us,
24:32or will it be a loss?
24:34Mr. Hakan.
24:35Let's look at all three things,
24:37first of all,
24:39the electricity price,
24:40in your bill,
24:41should go down by 16-17%,
24:43which is a relief for you,
24:45and for the industry,
24:46to pass on.
24:47So, we have this clarity.
24:49Number two,
24:50the chaos,
24:51I will share a number with you,
24:53it was just released,
24:55the public hasn't seen it yet,
24:57the electricity prices,
24:59food prices,
25:01overall inflation,
25:03the result is the following,
25:05the month of March,
25:07if we compare it to last March,
25:09the rate of inflation,
25:11or the rate,
25:13only increased by 0.7%,
25:15the basket of 51 things,
25:17which determines it,
25:19in 17 cities of Pakistan,
25:21if I go to last March,
25:23the last March,
25:25the prices increased by 20%,
25:27this is the difference,
25:29of the macro stability,
25:31which we got after the IMF engagement,
25:33so two things are clear,
25:35if the electricity prices,
25:37go down by 16-17%,
25:39we hope that,
25:41the rate of inflation,
25:43will not increase much,
25:45this is the picture.
25:47Now, the second question,
25:49I think very few people,
25:51understand what happened,
25:53in 180 countries,
25:5510% minimum,
25:57baseline tariff,
25:59has been set by the US,
26:01this is one thing,
26:03but actually Khawar sahab,
26:05is less than what was anticipated,
26:07now you will say,
26:09the world markets,
26:11I advise the world markets,
26:13and I work in them,
26:15they were 20% yesterday,
26:17that 20% minimum will be set,
26:19so in one sense,
26:21they have rationalized it,
26:23but on the other hand,
26:25China, Japan, and Taiwan,
26:27where a lot of goods come from,
26:29their tariffs,
26:31China,
26:33their tariff has gone up by 54%,
26:35now they have added 34%,
26:37it was 20% before,
26:39so it has gone very high,
26:41now you come to,
26:43the globalization,
26:45the global value chains,
26:47all this,
26:49has disturbed,
26:51I will tell you in the end,
26:53what is the positive aspect of this,
26:55which the US authorities,
26:57want to do,
26:597 billion dollars,
27:01we export 5 billion dollars,
27:03what do we export,
27:05we export leather,
27:07we export textile,
27:0960-70%,
27:11other small things,
27:13we export rugs,
27:1529% has been put on it,
27:17but what is the advantage,
27:19the advantage is,
27:21your competitor India,
27:23is less on it,
27:25you are in a competitive advantage,
27:27Bangladesh,
27:29and China,
27:31your tariff is very low,
27:3354% is there,
27:35in Bangladesh,
27:378% is less,
27:39so maybe you can get some orders,
27:41we can export that,
27:43the last thing is,
27:45the real thing,
27:47you have to think,
27:49how will you improve,
27:51your country's ability,
27:53to produce,
27:55what do you get from there,
27:57700 million dollars,
27:59raw cotton,
28:01now 5-6 million cotton bales,
28:0310-12 million,
28:05if you are importing,
28:07then you are not doing well,
28:09so this is the opportunity,
28:11I say again and again,
28:13till the basic fundamentals,
28:15are not fixed,
28:17the ability to produce,
28:19cost of doing business,
28:21deregulating the Pakistan economy,
28:23if 5% tariff is there,
28:25find more markets in the world,
28:27diversify your product,
28:29and in the end,
28:31what is the use of the government,
28:33this is the most important part,
28:35it won't happen,
28:37it won't happen,
28:39that the whole world will retaliate,
28:41there will be a negotiation,
28:43I think the US administration,
28:45wants the rest of the world,
28:47to lower their tariffs,
28:49so there will be a negotiation,
28:51major trading partners,
28:53Pakistan has a free trade agreement with them,
28:55GSP plus,
28:57all these things,
28:59according to a strategy,
29:01Pakistan authorities have to negotiate,
29:03absolutely right,
29:05we have also got an opportunity,
29:07because the issue is open,
29:09so we can also talk to those countries,
29:11with whom they take an undue advantage,
29:13in terms of tariffs,
29:15thank you so much for your time,
29:17viewers,
29:19this news of Trump,
29:21the whole world,
29:23is in your name,
29:25in BBC,
29:27the news of Trump's freedom day,
29:29and the announcement of new tariffs,
29:31on 100 countries including Pakistan,
29:33is like an atom bomb,
29:35on the international trade system,
29:37and this is not a rumour,
29:39Mr. Hassan Yubni,
29:41he is saying,
29:43the experts of IMF,
29:45somebody named Ken Rogoff,
29:47he is saying,
29:49the international trade system,
29:51will be badly affected,
29:53Mr. Chaudhary,
29:55our Chaudhary,
29:57he is the only Chaudhary in the world,
29:59do you know,
30:01there is a lot of reaction in the US,
30:03in the last two months,
30:05their popularity graph,
30:07has increased from 47 to 43%,
30:09in the recent elections,
30:11there were some by-elections,
30:13the Republicans,
30:15and the RHO,
30:17there is a lot of reaction,
30:19what will you say,
30:21how do you see President Trump's policies,
30:23Trump doesn't bother about it,
30:25because in the last two elections,
30:27he had to fight,
30:29and when you are in the government,
30:31your popularity doesn't sustain,
30:33and by the way,
30:35you and Mr. Najeeb,
30:37didn't tell me,
30:39that when your cotton,
30:41had 15 million bales,
30:43or more than that,
30:45then today,
30:47its production will be 40%,
30:49and what is the reason for this,
30:51and what you are saying,
30:53about wheat and other crops,
30:55then where are you taking the country,
30:57I am afraid of this,
30:59that there is only one thing,
31:01in Pakistan,
31:03which is the need of the people.
31:05Mr. Chaudhary, you are right,
31:07but today the Prime Minister has said,
31:09that if we focus on our crops for 6 months,
31:11then we can turn around,
31:13but Mr. Chaudhary,
31:15back to President Trump's story,
31:17so President Trump is not going slow,
31:19he is not getting slow,
31:21with every passing day,
31:23he is just walking his talk,
31:25he is just acting,
31:27the world is reacting very badly,
31:29and the most interesting reaction,
31:31came from Japan,
31:33they said,
31:35we brought the most money from America,
31:37so this reaction,
31:39this work,
31:41it is not a reaction like a friend,
31:43China, Japan, Korea are more affected,
31:45from Australia,
31:47the European Union,
31:49the British are lucky,
31:5110%,
31:53the British are out of the European Union,
31:55so 10% came to them,
31:57so their relation is similar,
31:59but the overall impact,
32:01with China,
32:03is very big,
32:05they have a big problem in America,
32:07they have a big problem in China,
32:0954%,
32:11how will the Chinese react to this,
32:13we have to see,
32:15because a lot of big US companies,
32:17they also get supplies from China,
32:19so there also,
32:21there will be an impact,
32:23when the prices will increase,
32:25when the companies are getting
32:27more expensive things from China,
32:29they will not give it cheaply,
32:31the government will get profit tax,
32:33but the people there,
32:35the Americans,
32:37they will get the burden of inflation,
32:39now how will the population react,
32:41and President Trump,
32:43as a President,
32:45he is taking care of his people,
32:47so how will he do it,
32:49so overall it will have an impact,
32:51like Khakha Najeeb is saying,
32:53negotiate,
32:55and the products going to other countries,
32:57get them taxed,
32:59do you know the problem of America,
33:01they say,
33:03you are taking more taxes,
33:05and your products are being taxed less,
33:07so they say,
33:09negotiate,
33:11and President Trump is right,
33:13next story,
33:15President Asif Ali Zardari,
33:17he has been diagnosed with Corona,
33:19all the meetings,
33:21he has been restricted,
33:23what he was doing,
33:25and along with that,
33:27in the people's party,
33:29there is a lot of unrest,
33:31today is 4th April,
33:33Shaheed Zulfiqar Ali Bhutto's death anniversary,
33:35so regarding that,
33:37the news today,
33:39on our television,
33:41that all the decisions,
33:43were given to Bilawal Bhutto Zardari,
33:45especially on the Nehru issue,
33:47and tomorrow,
33:49some big decisions,
33:51are being made by Bilawal Bhutto Zardari,
33:53before we go to the break,
33:55would you like to comment on this,
33:57what is going on in the people's party,
33:59they are framing the issues,
34:01from the point of view of the people,
34:03they have chosen a big issue,
34:05to keep themselves,
34:07as a popular force,
34:09in Sindh,
34:11and that is the Nehru issue,
34:13but this is surprising,
34:15first you agreed,
34:17now you disagree,
34:19sometimes you say,
34:21one Nehru,
34:23sometimes you say,
34:25Islam,
34:27in the decision making,
34:29there are some issues,
34:31some problems,
34:33that they are not able to understand,
34:35that we should go with the Muslim League,
34:37or we should call them Khuda Hafiz,
34:39or we should make our own efforts,
34:41to make a government,
34:43I was watching some tweets,
34:45which are very well entrenched,
34:47with the Pakistan people's party,
34:49some of our friends,
34:51they are smelling something,
34:53that this time,
34:55the situation is bad,
34:57do you have any information,
34:59about the people's party,
35:01and the Noon League?
35:03No, the relations are good,
35:05the relations are good,
35:07there is no problem,
35:09you know,
35:11when there is a government,
35:13there are two governments,
35:1519-20,
35:17to what extent,
35:19this issue will go,
35:21I don't think,
35:23if tomorrow,
35:25the situation is bad,
35:27the government is destabilized,
35:29the business,
35:31everything will be bad,
35:33then it will be discredited,
35:35then it will go on both sides,
35:37I heard all the speeches,
35:39of the Prime Minister,
35:41he has mentioned his leaders many times,
35:43his party leaders,
35:45his instructions,
35:47his supervision,
35:49even once,
35:51after the break,
35:53we will talk about the issues,
35:55going on in Tariq-e-Insaf,
35:57the holidays,
35:59Ali Min Ghannapur,
36:01CMKP,
36:03during Ramadan,
36:05he spent a lot of time in Islamabad,
36:07yesterday, according to the news,
36:09he had a long meeting,
36:11with his leader,
36:13he met Barrister Saif,
36:15after that,
36:17different news came,
36:19what is going on,
36:21we will try to find out,
36:23from Chaudhary Ghulam Sain,
36:25and Hassan Ayub,
36:27we will find out,
36:29that this meeting,
36:31on the third day of Eid,
36:33the family was not allowed to meet,
36:35but CMKP met,
36:37what is going on,
36:39in Adiala jail,
36:41after the break,
36:43we will talk about it.
36:49Today,
36:51with the rest of the news,
36:53you must have read,
36:55the first page,
36:57of all the newspapers,
36:59you must have read it,
37:01Janga Akhbar,
37:03in relation to Pakistan Tariq-e-Insaf,
37:05Imran gave a task to Ghannapur,
37:07and Barrister Saif,
37:09from the establishment,
37:11in Duniya Akhbar,
37:13Ali Min and Barrister Saif,
37:15gave a task to Imran Khan,
37:17Bani PTI,
37:19Ali Min,
37:21and the rest,
37:23on the third day of Eid,
37:25the family was not allowed to meet,
37:27except Nadia Hattock,
37:29and the rest,
37:31in Express,
37:33and in Dawn,
37:35PTI embroiled in controversy,
37:37over who gets to meet Imran Khan,
37:39this is from a different angle,
37:41that who got to meet,
37:43and who did not,
37:45and who blocked the way,
37:47to meet Imran Khan,
37:49after that,
37:51when these news were published,
37:53there is a contradiction,
37:55Sheikh Waqas Akram,
37:57information secretary of Pakistan Tariq-e-Insaf,
37:59has tweeted,
38:01that this news,
38:03is not true,
38:05some TV channels,
38:07and in Jail,
38:09Ali Min Ghannapur,
38:11and Khyber Pakhtunkhwa,
38:13and other media channels,
38:15who are publishing this news,
38:17are baseless,
38:19and are wrong,
38:21she denied this news,
38:23after that,
38:25Barrister Saif,
38:27has also given a statement,
38:29Bani PTI,
38:31has not given any new task,
38:33of making fun of the establishment,
38:35after that,
38:37media should refrain from publishing news,
38:39without verification,
38:41Bani PTI,
38:43has not given any new task,
38:45of making fun of the establishment,
38:47after that,
38:49Bani PTI,
38:51has not given any new task,
38:53without verification,
38:55after that,
38:57Bani PTI,
38:59has not given any new task,
39:01without verification,
39:03after that,
39:05Bani PTI,
39:07has not given any new task,
39:09Azam Swati,
39:11has also given a smile,
39:13that Imran Khan,
39:15will be released soon,
39:17after that,
39:19she has given a statement,
39:21that Junaid Akbar,
39:23has removed some people,
39:25and the speaker,
39:27of KP Assembly,
39:29has also been removed,
39:31and the speaker,
39:33of KP Assembly,
39:35Azam Swati,
39:37Azam Swati,
39:39has given a wrong statement,
39:41what is going on in Tariq-e-Insaaf,
39:43what is the news from Peshawar?
39:45As far as Tariq-e-Insaaf,
39:47is concerned,
39:49the senior of Tariq-e-Insaaf,
39:51the neutral,
39:53is understanding,
39:55that these are not political,
39:57differences,
39:59but personal differences,
40:01like Babar Salim,
40:03and Azam Swati,
40:05they belong to the same district,
40:07although Babar Salim,
40:09was made the speaker on Azam Swati's request,
40:11but now,
40:13they want their hold,
40:15so it is being said,
40:17that there,
40:19they have a personal grudge,
40:21and a war to maintain their hold,
40:23on the basis of which,
40:25allegations are being made,
40:27and the allegations,
40:29that have been sent to the committee,
40:31are being investigated,
40:33although,
40:35there is no final decision yet,
40:37and there was a lot of talk,
40:39about removing the speaker,
40:41and that too,
40:43yesterday,
40:45the meeting,
40:47was very important.
40:49Yes, this meeting,
40:51has been 2-2.5 hours,
40:53did you talk to the chief minister,
40:55did you meet him,
40:57what did you talk about?
40:59No, it was a very important meeting,
41:01it was a very important meeting,
41:03but before that,
41:05I would like to say,
41:07that in BTI,
41:09the balance of power,
41:11within the party,
41:13politically and on the governmental level,
41:15if it is to be maintained,
41:17then there is only one person,
41:19and that is Imran Khan.
41:21If you look at Junaid Akbar,
41:23Imran Khan tells him,
41:25that we have given you all the power,
41:27politically,
41:29Ali Ameen has gone to Gandapur,
41:31so this is another development,
41:33that Ali Ameen,
41:35did not have the power,
41:37within the governmental level,
41:39that if a minister,
41:41has to be replaced,
41:43or fired,
41:45he did not have any power,
41:47it was only with the permission,
41:49of Bani Chairman,
41:51yesterday,
41:53Ali Ameen,
41:55has been given all the power,
41:57that he can change,
41:59whoever he wants.
42:01Thank you very much,
42:03for sharing all the details.
42:05Do you have any information?
42:07No, he is contradicting,
42:09there is no such thing,
42:11there is no deal,
42:13this is very clear,
42:15that if he has to talk,
42:17or give and take,
42:19then he will have to do it,
42:21with the political people.
42:23There was no establishment,
42:25the working nation,
42:27political parties,
42:29have to sit together,
42:31and organize their working nation,
42:33on 9th May,
42:35the issues are different,
42:37on 9th May,
42:39there is a stated position,
42:41DGISPR's statement,
42:43is basically,
42:45Afghanistan's statement,
42:47that until we do not apologize,
42:49we cannot spare that thing.
42:51As far as,
42:53social media,
42:55is concerned,
42:57that a delegation,
42:59has come from outside,
43:01they will meet,
43:03there is no such thing.
43:05The Chief Minister,
43:07of Khyber Pakhtunkhwa,
43:09he has a connection,
43:11where you know,
43:13there are security concerns,
43:15he has a connection with the establishment,
43:17and from there also,
43:19there are security concerns,
43:21like you are saying,
43:23Zawlakh is saying,
43:25that he has full control,
43:27on one hand we were hearing,
43:29that he is being removed,
43:31now he is saying,
43:33that he has full control,
43:35that he can appoint or remove a minister,
43:37there are so many contradictions,
43:39in the last one month,
43:41that the PTI,
43:43people are giving news,
43:45and I am thankful to Allah,
43:47that all the news they have given,
43:49there are so many contradictions,
43:51now the confusion is obvious,
43:53if they will give different statements,
43:55every person who will meet,
43:57will give his opinion,
43:59he will say,
44:01that I have met Bani,
44:03Bani has said,
44:05if you bring him,
44:07then remove him,
44:09then you will know,
44:11that Bani has not said anything like this,
44:13why are they spreading confusion,
44:15that there is a conspiracy,
44:17this will continue,
44:19as long as he is in jail,
44:21because every person,
44:23will say,
44:25that Chaudhary Ghulam Singh,
44:27is very bad,
44:29now what will he say,
44:31so be patient,
44:33this is not like,
44:35that we are not talking,
44:37I am saying from the first day,
44:39that we are talking,
44:41and yesterday,
44:43Ali Ameen said,
44:45you have not read the statement,
44:47and who has refuted,
44:49let us listen,
44:51I think that 80% once,
44:53and 99% again,
44:55this thing, I have reached here,
44:57before 26th November,
44:59I think that 80%
45:01so after 26th November,
45:03and there are other people,
45:05who are trying,
45:07I am not alone,
45:09so 80%,
45:11after 26th November,
45:1399%
45:15whatever was happening,
45:17they know how it was happening,
45:19then why that process was not completed,
45:21this is still in process,
45:23but like you people,
45:25and all of you,
45:27have put a charge sheet on me,
45:29that this happened,
45:31so Ali Ameen was removed,
45:33so he took office,
45:35now because of that,
45:37my meetings have been reduced,
45:39so I see that your campaign,
45:41that thing,
45:43which I was calling 99%,
45:45so we will meet again,
45:47then I will tell you,
45:49every day is new in politics,
45:51and it is said that,
45:53Pakistan's political system,
45:55is stuck in a bummer,
45:57and how will we get out of the bummer,
45:59one opinion,
46:01you listened to Hassan Ayub,
46:03I don't agree with you,
46:05no no, you are a competent person,
46:07you stay on your opinion,
46:09Insha Allah, we will meet again tomorrow,
46:11Allah Hafiz.