IMF Cannot Fix Pakistan ft. Dr. Kaiser Bengali | Junaid Akram Podcast #195
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Published 2024-06-28
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Ever wondered why Pakistan's economy faces such unique challenges? Dr. Kaiser Bengali sheds light on the economic turmoil, from elite challenges to public transport woes. Insights on taxation and how global policies shape local realities.
Guest Intro:
Dr. Kaiser Bengali is an economist with over 40 years of experience in teaching, research, and policy advice in Pakistan and internationally. Holding a master’s from Boston University and a Ph.D. from the University of Karachi, he has served at institutions like the Sustainable Development Policy Institute and as Managing Director of the Social Policy & Development Centre. His research focuses on economic inequality, poverty, and regional development. Notably, he was the first head of the Benazir Income Support Programme and has held advisory roles in Sindh and Balochistan governments. Dr. Bengali is also an author with numerous publications and serves on several boards including Engro Powergen Qadirpur Limited and the Omar Asghar Khan Foundation.
Time Stamps:
0:00 - Introduction
1:00 - Introduction of Dr. Kaiser Bengali
1:46 - Fundamental Issues Facing Pakistan's Economy
6:20 - The Upper Class in Pakistan
8:46 - State of Public Transportation
11:03 - Shortcomings in Pakistan's Modern Economy
13:35 - Crisis in Pakistan: Wheat, Sugar, and Cotton
23:13 - Taxation Issues in Pakistan
28:26 - Overview of Pakistan's Finance Ministers
30:22 - Assessing the Returns for Pakistan's Citizens
34:30 - Strategies for Dollarizing Income
37:12 - Business Migration from Pakistan
40:37 - Sale of Pakistan's Assets
45:38 - The Iran–Pakistan Gas Pipeline
48:24 - The Fate of CPEC: Is It Game Over?
52:28 - Benazir Income Support Fund and NADRA
54:51 - Exploring Trade Opportunities with India
57:45 - The Real Estate Sector in Pakistan
1:02:06 - The Success Story of Bangladesh
1:04:28 - Pakistan's Funding of the Taliban
1:06:45 - Geopolitical Dynamics: China vs. USA
1:08:48 - Conclusion
1:09:36 - Outro
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#imf #pakistaneconomy #junaidakrampodcast
All Comments (21)
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Pakistan is lucky to have wise and honest military people. They have safely invested Pakistani money in Papa John's pizza franchise, real estate in Canada, London, Dubai, and an island near Australia. Long live the Pakistani Establishment.
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You can only take kashmir in videos not in real life
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36:45 The economist is talking about the Food Processing industry. The YouTuber is "Ye Mirche Free de dete hain" 😂 Home work needed before you bring in such a knowledgeable person for a podcast on such a serious topic
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I live in Solapur, Maharashtra State, India, we pay highest taxes in India or you can say even in the world. Highest of 64% House Tax in Solapur or even in Maharashtra. Upto 400% tax on liquor. Maharashtra state GST collection is more than Pakistan's budget. Bruhan Mumbai Municipal Corporation Corpus Fund is more than Pakistan's Foreign Exchange Balance i.e. USD 10 B.
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Don't compare Pakistan with India .. compare it with African countries and Countries like Libya, Syria India is out of your league now...
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You guys claim Part of J&k as yours but we saw highest voting percentage after abrogation of art 370.. Kashmir ki avam humare sath hai
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@55:00 Don't spread lies. They only make you look good on papers. Your textile quality is not better than India - I was in Berlin trade show and none of the Pakistani vendors were wooed as compare to Indian vendors. India has an edge from north to south and east to west. Pakistan only have one mono quality. Don't compare with textile diversity of India. The reality is that he is living in the past.
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Even Kaisar Bengali has missed the main pain point of Pakistan economy :its Army rule/ interference in governments and rabid fundamentalism in society...( Maulvi dominanance )... All of the rest follow from here... Trade deficit Deficit budget Poor tax collection Quality education Quantity healthcare Strong institutions Rule of law... Etc etc... Economy doesnt work in isolation...it is intricately linked with culture and philosophy of the nation...
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I belong to Thatta and we grow tomatoes and after every 2 years our tomatoes are worth 2 rupees per kg. Many people suffer losses of lacs.
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Quality of textiles and fashion garment better than india Bro our Textiles and garment go international our brands are international and have been at Met Gala
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I can hear Hafise Quran Chief Jarnail of Paxstan saying "Ab hum ek Bengali ki sunenge"?
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That's why educated minister's is very important in any country
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currently population is one big problem. every person is becoming a parent.
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In response to your question Dr. Bengali replied that lack of vision was the cause due to which economy was not developed. I think there has been a deliberate attempt to ruin the economy.
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Trade will never happen
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This channel clearly displays wrong Indian map....this is hypocrisy...
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Bangladesh is not at all a success story They last year went to IMF 😂😂😂
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First of all, correct the map of india in the initial 20 seconds.🇮🇳
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We 🇮🇳 get ashamed when you compare yourself with us, 🇮🇳. Please compare yourself with Afghanistan🇦🇫.
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0:37 Wrong Map of INDIA... As expected 😂😂😂 shows your mindset, Junaid
