"Hum Jitni Mushkil Mein Aaj Hen Phele Kabhi Nahi Thay...", Mohammad Zubair

6 months ago

#OffTheRecord #Budget2024 #KashifAbbasi #PakistanEconomy #Inflation #NationalAssembly #MuhammadAurangzeb #Budget #PMLNGovt #PPP

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Transcript

00:00Someone told me that if you don't fix it, we are trying to pay 10,000 Arabian taxes today.

00:07Sorry, correct me if I'm wrong.

00:08No, 13,000 Arabian taxes.

00:0913,000 Arabian taxes.

00:10If you pay 30,000 Arabian taxes, your country will somehow go into debt.

00:15Because 30,000 Arabian taxes will go to 58% in the morning.

00:19After that, you will have less money.

00:21Yes.

00:22In which you will have to pay the debt.

00:24You didn't listen to me completely.

00:25Yes, yes.

00:26You didn't listen to me completely.

00:28I partially agree with you.

00:30I said from the start that there is a need to rework.

00:33But it has to be stretched over a period of time because it has political implications.

00:37If the finance minister had announced it today, it would have been a revolt.

00:41It would have been a serious revolt.

00:43Obviously, the government is not ready.

00:45So, there is a need to increase their tax collection potential.

00:49Over a period of time, you can reduce it by 1-2% and increase it by 1-2%.

00:55That is the only mechanism.

00:56But it is not possible that today you will increase it from 58.5% to 55%.

01:00You are right.

01:01And assume that everything will be happy in the country.

01:03No, it won't happen.

01:04This is not going to happen.

01:05You are right.

01:06I would like to ask Khurram.

01:08Khurram, tell us.

01:09We hear that a lot of our money comes from Pakistan to import things.

01:13There is some raw material that we don't make.

01:15Obviously, that has to be imported.

01:17But a lot of things.

01:18I was giving 2-3 examples to someone today.

01:20Do you remember?

01:21I saw a video of Kaisar Bengali.

01:23I went to a store and saw imported food for dogs and cats.

01:27I asked him what was going on.

01:29But when Mifta Ismail imposed restrictions in Pakistan,

01:32I saw a tweet by Mariam Nawaz.

01:34What can I do?

01:35An anchor tweeted it and Mariam Nawaz opened it.

01:38Let me tell you.

01:39Covid came.

01:40We didn't have mustard in Pakistan that was made in Pakistan.

01:43We were short of mustard.

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"Hum Jitni Mushkil Mein Aaj Hen Phele Kabhi Nahi Thay...", Mohammad Zubair

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