Behind Pakistan’s economic meltdown, a web of subsidies for the super-rich? 

As a pakistani i trust indian media over pakistani media... Thanks for providing quality news

For our indian audience, Uzair is a very intelligent and smart guy. I have listened to him on a lot of Pakistani podcasts.

This just shows how incredibly fortunate India was to have Shri. PVN Rao as PM during our economic crisis. No other PM in our history (except may be AB Vajpayee) would have had the guts to do what PVNR did because it was political suicide in the short run (and, PVNR was out of power after his term ended). And PVNR did it with a minority Government (with support from ABV who was LoP at the time). The appetite of our governments to take decisions which are good for the economy but not necessarily popular ended with ABV's defeat in 2004. MMS may have had a personal preference to take those decisions, but he had no backing and no control over his party to push them through. And the present Modi Government is too populist and simply doesn't want to rock the boat and undertake further reforms because the economy is already growing steadily and it doesn't want to rock the boat and lose support from anyone. Whatever progress India has achieved in the last 30 years, it owes to 2 Governments - the PVNR government from 1991-1996 and ABV Government from 1998-2004. And Indian public unceremoniously kicked both of them out, ensuring no future Government will dare be brave enough to undertake bold reforms ever again.

During a bear market, the headlines will focus on negative news, whether it's declining economic growth, geopolitical upheaval, cultural and legal turmoil, or some combination of all three. I listened to a podcast of someone that grew his reserve from $120k to almost $460k during this Red season, can you share tips on how to make such aggressive proceeds in short periods?

It's good to see uzair here, I see his podcast sometimes to have some idea about pak economy. Good job.

Mr Swami...u r absolutely brilliant at interviewing people & you have an uncanny knack to go right to the real issues

What a wonderful conversation. This is what we love paying for. Keep 'em coming

Really impressed by your choice of guest here.. Never thought I would see him here on this channel.

With intellects like him how can Pakistan fail?

Dynasty + Military + Islam Futile combo

Uzair was very well prepared...good to see some intellect coming out of Pakistan...we need more people like this to reshape and run

Praveen Swamy … the Peter Drury of Security and Strategic affairs 😊

Great insightful discussion. Heard Mr. Yunus for the first time. He seems very knowledgeable and articulate. Thanks for bringing him for a discussion. After the discussion, the first feeling I get is relief that in India we have had leaders who though may have had lots of drawbacks but took some decisions for the long term benefit of the country (by being fiscally prudent), even though those decisions may have cost them some popularity among the voters.

Uzair is the best analyst of Pakistan origin

Wow. Fantastic conversation. Both the interviewer and interviewed did an awesome job. High quality program🎉 Praveen is simply outstanding in his questions. Short, clear, concise and critical questions

Wonderful conversation. Heartening to see a learned fellow from Pakistan talk sense. Hope good sense and wisdom prevails in power centers through the likes of Uzaie Yunus.

It is a pleasant surprise to see Uzair Younus at The Print. He is one of the most frequent and astute guests at The Pakistan Experience which is hosted by Shehzad. Thank you Praveen Swamiji.

Great discussion. Tragic to see that in spite of people like Uzair and Atif Mia, Pakistan is in this sad state. Possibly, the public isn’t wise enough to select their leaders correctly or the correct leaders don’t want to dirty their hands in public affairs. The more one hears these discussions the more the importance of education and rational thinking emerges.

Impressed with the discussion, especially the data points and analysis by Mr. Yunus. Thanks for Praveen Swami.

Uzair made it onto The Print!! ..😀

This one program fully clarifies the situation. Great guest, Mr. Swami!

Brilliant 👏 👏

One suggestion to the print Can you add a guest speaker in the description or on video , you may have introduced him earlier video but it isn't registered

Wow. Brilliant Sir.

Happy to see uzair here on print . Looks uzair and print will be made for each other . Vibes match . Nice discussion.

Excellent analysis Mr. Uzair. I hope the people who matter take’s notes of what you are saying. That seems to be the only way to save Pakistan economically.

Very impressed by Uzai Younus. Super content. Thank you

Beautifully explained

What a gentlemanly discussion

Such a intelligent guy, this guy should be hands down the finance minister of pakistan.

One of the best discussions I have come across as far as e conomy of Pak. I feel people like Uzair are not taken seriously in Pak.

The naan example was fantastic!

Hey its the Pakistonomy guy!

Your discussions are a treat to watch sir. Thanks ❤

Good analysis based on facts and reality of the situation prevailing in our country by Mr Uzair !

Very informative and very insightful discussion.. thank you

If they have gone to IMF 22 times. What makes this time so different? Why is there so much news this time and why are they not getting the bailout this time around?

We should not trade with Pakistan at all. These guys have not changed their outlook at all. London school of economics hosted a summit to discuss Pakistani economy and at the end of it they wanted trade with India ….. so that they could fund a war with India. Trade is not about improving lives or getting out of poverty but merely a means for them to achieve their vile objectives.

Solution: No Mazhab till 21. The ONLY and ONly solution.

It might sound drastic but Pakistan needs to open thousands of liquor shops and close thousands of madrasah. As madrasah education is more dangerous

Great discussion

Interesting discussion...thank you

Wonderful analysis n interesting discourse …well done

Nice conversation

Wonderful discussion...

Subsidies should be stopped in India except for farmers that too after a rational study.

"Geopolitical rents" remaineds me of childhood story, goose and the golden eggs.

Lovely listening to Uzair Bhai 😍😍

Smartest guy out of Pakistan. Might be many but first one I heard of.

Good discussion ❤️

Those who asked for Pakistan did so exactly for this reason.

Print brought a sensible guy on pakistan economy.

Good knowledgable guest speaker

A very good discussion! Uzair has been very clear! But I really wonder, would he not face charges of being a desh drohi in his own country? Hence, we can say that he is quite brave.

Thank for info

In 1993 when India faced a foreign currency crunch Indian Govt air lifted its gold holdings abroad and borrowed against it. Then the Indian Govt floated gold bonds appealing to Indians to lend their gold to the Govt for 5 years. India weathered the storm. India has the world's largest reserves of privately / individually owned gold.

A very Articulated, Insight!

Really a smart guy, Pakistan has talent

A very basic structural advise - a poor political system will not produce a robust and working economic structure. Both politics and economy has to be "by and for" people. Politics for military cannot produce economy for people in any country. Work on it.

Why does the Prime Minister M Shahbaz Shareef not come on a television address to the nation and explain to the people that the crux of their problem is the Army, its size and its overspending on itself. He may get kicked out by the Army but the people will know who is really responsible for their fate.

The detection bill policy to stop the electricity theft & increase recovery is musharaf era's gift to all of the law abiding citizens of Pakistan who were connected to the power grid legally bill paying citizens still suffer from it

Maybe an unpopular opinion, but India does work best during crisis which seems too difficult for other nations.

Pakistan can raise enough money by taxing on agricultural land owners. So far Parkin has exempted the land owner from income tax. Remember Pakistan is an agricultural economy. TAX THE RICH, let them pay their share. They can not drive on the roads built and paid by taxpayers including other services likewise.

He did not mention the impact of the military creating the Indian bogey used to justify import of weapon systems with the associated cutbacks.

Great economic questions by Praveen didn't expect a geostrategy expert to ask such astute economic questions. Praveen is a master of all trades. Brilliant guy..but I hope he is really cautious of Pakistani experts who take the line of their military. Uzair is very articulate so was the ex-NSA ISI spy !!

What if Pakistan sets its rate to 1PKR = 1USD. Will they then import and buy oil at that exchange rate?

Good analysis on the economy of our neighbor.

Uzair makes economic principles so simple that Indian economists should learn from. 2 naans for a common man analogy is so cool. Very good clarification on CPEC investment, don't understand why our media doesn't view things from Pakistan point of view instead of saying debt trap and all

Pakistan needs urgent land reforms, withdrawal of subsidies to the rich and focus on quality education, to come out of its economic crisis saga. And trim its bloated armed forces drastically.

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Same for india before liberalisation 1992

This is quite funny to say the least. Praveen Swami was a special invitee in Beijing at the launch of the Belt and Road despite India being the only major country which publivly opposed it.

👍👍

America actually feels harassed 😂😂😂😂 . Pakistan is nuclear trouble

Without a regional cooperation there are rare chances of progress. Trade between the two countries favours more to Pakistan. India is a huge country and it has less impact of trade. But principally without a regional cooperation among India, Pakistan, China, Iran and other regional countries, it is rare to expect prosperity specially among smaller countries.

I am very happy i left Pakistan.

Pakistan should follow Singapore model and should charge 10000 dollar per Car as registration fee. Exempt buses and motorcycles.

First normal, intelligent Pakistani who doesn't dive into hate India rhetorics that I have ever come across.

We need Atif Mia, a ahmedia from pakistan, who is top 10 economist on your show. He is based in usa.

We also reduced income tax on super rich by 12% this year and in 2019?had reduced corporate tax ?

Pakistans resource gap is staggering. There is no real value added economy that exists today. Pakistan economic future is doomed as of now..

Today they killed and set fire to a person suspected of blasphemy. This is Pakistan and future INDIA

All this data feels like the seed and pre birth of French revolution all over again. But this time in Pakistan. More power to the hard working masses of Pakistan. May they install a better governance system which uses money wisely to grow the masses of Pakistan rather than waste money on violence across the border

IMF will not get even a dollar back.

Pakistan 🇵🇰 does not need any support from IMF.

Second Pakistani who is talking sensibly after Atif mian

@7:32 ... 🤦🤦‍♂️ Praveen .. i beg you, expunge the term hoohaa from your list of colloquialisms. That word means something completely different in 2023. @14:50 Karachi's extended romance with Musharraf might have had something to do with an overlap of Mohajir identities more than anything else. Musharraf's economic miracle was a sly sleight of hand which was micro-managed by the Chaudharys ( and they took their pound of flesh )

I like his Pakistonomy podcast and Nazuk mor. Sane podcast.

64 views. But 21 comments already?

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Wen 55% of a budget is for military expenses & the total shared among elites is 85 % of da budget deres only 15% left for public expenditure. Like a scale - 1 side has way to much & shub be taxed accordingly ,cut down military expenses ( dat is a web on its own of funnelling money into radical proxy groups ) wrt Kashmir - Pak. Has violated all u.n resolutions has no locus standi & shud forget ABT Kashmir. Den prob. Da doors will unlock to huge potential.its also become a home to roost for dis very proxies it created to harm India. Ironically it has reached da point of grass to eat wid nukes & itself is being cut up by a 1000 self inflicted cuts.

Dar, The Family Accountant, has been Disastrous for the economy and the country.

11.29 so disgusting

Prime example of Pakistan as a model. Many countries will follow the example. Reduce population significantly. Education has to be enhanced significantly. It takes many years . India , Bangladesh, Sri Lanka all will follow.

Why these people hiding all these facts from Pakistani people

This was brilliant. I don’t comment much, but feel compelled to do so in that case, as I learned a lot. I sent in $100 sometime ago, as I think it is important to support creating such thoughtful content.

Have we given BHARAT RATNA to Narasimharao for saving us from economic devastation

Pakistan military must shrink….Military can’t consume 60% of the economic resources….people will be left with nothing

A failed state in the neighborhood is not good news for India

We felt great shame when our country India had to go to IMF in 90s.Despite having large size, large population, having a big agriculture,we had to face such dire situation.But I think the main reason is the rampant corruption in Congress rule is the main reason.Congress party started a vicious cycle of corruption in this country since 1970s, which is still very difficult to break even today.Even after 9years of Modi govt., corruption is still happening.IAS officers lobby is still brazenly indulging in rampant corruption.I think that anybody having corruption in his DNA becomes IAS officer.