Who destroyed the Pakistani Economy? - Dr. Miftah Ismail - Former Finance Minister -
Ойын-сауық
To support the channel:
Jazzcash/Easypaisa - 0325 -2982912
Patreon.com/thepakistanexperience
Dr. Miftah Ismail is an Economist and a Politician, he was the former Finance Minister of Pakistan. He has a PhD in Public Finance and the Political Economy.
Dr. Miftah Ismail comes on The Pakistan Experience for a detailed, and a refreshingly honest, conversation on the Pakistani Economy, Politics and the fundamental issues plaguing our country.
On this deep dive podcast, we discuss his removal as Finance Minister, the return of Ishaq Dar, IMF, the risk of default, currency devaluation, conflict of interest, corruption, trade with India elite capture, real estate reform and taxation.
The Pakistan Experience is an independently produced podcast looking to tell stories about Pakistan through conversations.
Please consider supporting us on Patreon:
/ thepakistanexperience
And Please stay in touch:
/ thepakistanexp1
/ thepakistanexperience
/ thepakistanexpeperience
The podcast is hosted by comedian and writer, Shehzad Ghias Shaikh. Shehzad is a Fulbright scholar with a Masters in Theatre from Brooklyn College. He is also one of the foremost Stand-up comedians in Pakistan and frequently writes for numerous publications.
shehzadghiasshaikh
Facebook.com/Shehzadghias/
Twitter.com/shehzad89
Chapters:
0:00 Removal, Imran Khan and IMF
17:50 Alternative economic tactics, energy crises and pricing
31:53 IMF and military, the dollar rate, exports, and State Bank
41:41 Bank profits and conflicts of interest
51:66 Jail freedom offers, corruption and Pakistan as a dysfunctional state
1:00:33 Privilege and education, local tax, and economic tactics
1:19:15 Real estate taxation and education
1:24:00 Question and Answers
Пікірлер: 914
What an awesome host (knowledgeable, well articulated, courageous, and gives ample time to the guest) what an honest conversation and what fun to watch!!!
Best podcast in a long time. From what I have seen in life, he sound like someone who cares.
Shehzad deserves to have a Last Week Tonight type show on TV, would absolutely kill it. You're on a roll brother 👏
@mohammadrashid3991
Жыл бұрын
If he gets that kind of show then he will picked up by our boys.
@PAKCRICFAN1
Жыл бұрын
For that you need to be funny
@mohammadrashid3991
Жыл бұрын
@@ThePakistanExperience maalik itna Sach nahi sambhaal saktay yeh. Inki haqeeqi azaadi Hai keyboard battle
@arslanali5025
Жыл бұрын
Nah, i don't want him to do that. Because after that you have more pressure from media house and pemra. He can talk freely here without any hesitation. So keep up the content. Best of luck, Shehzad.
@screensafety8015
Жыл бұрын
Was that meant as a compliment? (to aspire to corporate controlled narratives like those on US tv!)
Only person from the entire Noon league squad who is not only experienced but sounds sooo on point. Brilliant personality, exposure, Human tooo.
This is the first time I came across your channel and I am seriously hooked to it !! Samjh Nahi arahi kun kun se podcasts dekho !! Brilliant Stuff Man !! Keep it Up and hopefully the channel grows !
@adnanraza6670
Жыл бұрын
@@ThePakistanExperience can you make a video on the podcast you enjoyed the most
@sumedhaticku5804
Жыл бұрын
9th
@explorerfoxy
Жыл бұрын
@The Pakistan Experience Pakistani is an azeem kaum, Pakistani have jazba, Pakistani have iman as Muslims have iman, ISI No 1 in world, Pak Army no 1 in world. Pakistan is made for kalma. Even Saudi Arabia is not made for kalma.Insha Pakistan will rule the world. Islam will rule the world. Allah o akbar and boommm is not fascism, killing non muslims in Pakistan is not facist, Pakistan made for Muslims is not fascism. A party whose name is Muslims league is not fascist. BJP( Bharatiya Janta Party) is a facist. Good joke by madsara chap jihadis of Pakistan. Pakistanis can have a country for Muslims, but Hindus can not have Hindustan for Hindus. Islamic terrorists are preaching on fascism.
He motivated me to do something for my country beyond myself
Certainly better than the podcast that Muzamil Hasan, Junaid Akram and the guy from TCM did with Imran Khan who were too scared to ask tough questions and who only talked of vision and ideologies. I'm glad you guys at least addressed some practicalities.
@qasimakhtar3390
Жыл бұрын
Muzamil also did a podcast with Mifta Ismail, You might want to listen to that. Imran Khan has this aura it's really tough with him. Have you come across this big of a personality I bet not.
@fatimariaz5432
Жыл бұрын
What makes you think I haven't watched it? Watched it when PTI was in power and Mifta wasn't even finance minister yet. Alhamdulillah have met many PTI members which is exactly why I believe IK is all vision, fudging with numbers, string social media marketing and no practicality
@faheemmomin8342
Жыл бұрын
Bring Shahbaz, Maryam, Bilawal, Zardari, and Nawaz on any podcast and than compare. Miftah is just a random guy.
@bemycandy6968
Жыл бұрын
Khan’s was better!
@an_orange8911
Жыл бұрын
He'd have done the same in Khan's podcast.
Excellent and straightforward talk by Miftah Ismael sb.
Miftah ismail is kind of lecturer we needed in our university.
@screensafety8015
Жыл бұрын
yes, and indicted ‘professor’ at that on corruption charges that magically vanished on his joining the Imported government. :)
@Sindhi001
Жыл бұрын
No, we don't need Islamic Fascists in India.
The knowledge of this man combined with his honesty with the country that led him to make decisions that were opposed to his party, really is a strong evidence of his true patriotism.
@screensafety8015
Жыл бұрын
Is that why he continues to collect a pay cheque from the Importeds by staying on as a minister in a grossly bloated and criminal filled cabinet?
Miftah sahib had the most difficult task in the world. Thank you for your service. You saved us from the brink of the abyss. Respect
I am glad I found this podcast.
Absolutely love your content. I've stayed away from Pakistani media for so long because of 'reasons' and the only content I actually enjoy is you and syed muzammil. You're a damn gem. Also, please get him back on the show soon!
@Jvs-eq3iy
Жыл бұрын
Dr. Ishtiaq Ahmed also.
The best guest one could've had in current circumstances. I'm your follower since the start and it's very refreshing to see you finally getting the recognition you always deserved. This podcast was a great one, you asked many confrontational yet justified questions, always a treat to watch it. Homeopathic conversations don't cut it no more. Keep doing the great work bro.
@azmatsehar
Жыл бұрын
@Babar Ali I think the best example is China and Taiwan. They don't even recognise each other but trade is non negotiable
@usmanazam4662
Жыл бұрын
💯 🔥 💯
@usmanazam4662
Жыл бұрын
@Babar Ali course we can but China and Taiwan have products to offer to the world that's a must have for them? What can Pakistan offer to the world that they must trade with you? And there is your answer unfortunately, we got no leverage here... 😏
@balakrishnarao6818
Жыл бұрын
Bastard pakistans
@sachinsaini9986
7 ай бұрын
@@azmatseharEven better is India and China. We are in passive standoff at border for a long time with some duration of active engagement. Still we do trade with each other. I do not know why Pakistan is so much stubborn for refusing trade with India.
In it's 75 Years of existance, Pakistan has excelled in the art of bagging and borrowing, some how it knew the art of surviving, but how far will it go? That's million dollar question
@darkknight2414
Жыл бұрын
the day India crosses the margin of 3rd largest economy pakistan's day will be countable India is just getting ready for POK for that Economic and Military might is needed to tackle the world and right now we cannot do this We are 5th largest currently as our Economic might increases pakistan will be forced to give up POK or wait for repercussions
@darkknight2414
Жыл бұрын
@@zh1148 sorry but u missed my point the goal is not exactly POK the ultimate goal is to fragment pakistan , otherwise it will can be used against us by foreign powers The whole goal is to take back POK help BLA to gain Balochistan and support Taliban to exploit the durand line
@darkknight2414
Жыл бұрын
@@zh1148 for the last 75 yrs we have been hearing this BS , that a prosperous Pakistan is good for India what we got 26/11 , Pulwama, Kashmir Hindu Genocide We honestly dont have any hard feelings for a common Pakistani but your army and elite basically sells this anti India hate and that has harmed us time affer time , secondly the only way to end Kashmir obsession is disintegration of Pakistan
@RJ.Mangal
Жыл бұрын
Don't you worry we survived in the past and will come out of it. Think about your trade deficit which is highest in South Asia. And even in these worst times our quality of life is still better than india.
@RJ.Mangal
Жыл бұрын
@@darkknight2414 Day dreaming, one thing we are always ready to do is to fight india, You will regret and will never recover. Trust me
I am Indian and listened through the whole podcast. Quite riveting !
@rakshit8570
Жыл бұрын
He just called us Fascists.
@maisondusavoir3600
Жыл бұрын
@@rakshit8570 he called Modi fascist
@rakshit8570
Жыл бұрын
@@maisondusavoir3600 no listen again carefully and interpret it. And he still doesn't know what makes one fascist, we call tipu sultan freedom fighter, if we would have read meaning and history correctly we would knowodi is not hitler Or mughals.
@pratikgore6536
Жыл бұрын
@@rakshit8570 Modi is a Fascist. RSS is Fascist. It is a hard truth. If you're a Bhakt then you're blind to facts, and if you're not, read up on History of RSS and see what happened in 2002 Gujrat.
@yt98833
Жыл бұрын
@@pratikgore6536 So Congresss ki l l ed 5000 sikhs .Are fascist for you ?
This is the reason I love these podcasts. Such a refreshing and candid discussion!
Just finished listening to all of it, my perception of the major issues of Pakistan has been significantly altered. It was so refreshing hearing about an actual plan on tackling the balance of payment deficit from a former finance minister, not to mention his emphasis on bettering education and health in Pakistan. Despite all the backlash he faced from others and within the party, he stood by what he deemed correct, and that did ultimately prevent Pakistan from defaulting. 👏👏 I've also always been on edge as to whether I should declare Pakistan a hopeless state or attempt to reform the system by working within it with whatever capacity I can; Miftah sahab's entire talk made me consider the latter. Absolutely enlightening 1 hr 40 mins, where I was hooked on every word of this discussion. Shehzad thank you for moderating it so well, especially giving Miftah sahab space to derail the convo for a bit so that he could say what he wanted. Excellent content as always, keep going dude, can't wait to see this sort of gem reach more and more people ♥♥
apkae channel ki growth dekh kr bht khushi hui. You're the king of consistency
Loved this podcast.. ❤
Loved this podcast. Mr Miftah is really deserving FM. 👏
Comment for algorithm. Brilliant content, as always!
@alitoorvi6014
Жыл бұрын
@@ThePakistanExperience 😂😂
absolute treat !!
Excellent style of conversation.
Miftah you legend ! Great podcast. Fills me with hope, also with a bit of rage as again a karachite is not utilized for the betterment of pak. We have so much to give, just give us a shot and a free hand
@mohammadrashid3991
Жыл бұрын
As a punjabi I apologize man.
@safifaruqi
Жыл бұрын
@@mohammadrashid3991 we will get there together brother!
@darapsteradox
Жыл бұрын
Lol
really enjoyed watching this podcast. love from india ! 🇮🇳
Excellent one!
Thank you Mr. Miftah and Shahzad.
Great content!. Long live Miftah sb and Shehzad bhai
Apart from the politics and differences this has been a very mature interview.
Appreciate his style of convincing ..explaininng economics concepts in very simple way ...
Thank you Miftah Ismail!!
I always watch this show..but today I also subscribe it..Miftah is really a well deserving FM
@shoaibatta1113
Жыл бұрын
@@ThePakistanExperience sorry boss..my bad 😬
Very good podcast and informative! thumbs up.
Thank you Miftah sahab for such great work.
Great !
Nice show. Nice to hear Mr.Miftah Ismail n good questions asked by the host.
Very nice.. great discussion
Good to listen to Miftah Ismael's side of the story. Thank you for inviting him. I wasn't able to follow technical parts of the conversation, but got a good idea nevertheless. I was hoping you would talk about the shrinking middle class in this country. Not too long ago, people in white collar 9 to 5 jobs had enough savings to buy a small house, but now 90% of people doing 9 to 5 jobs cannot have such savings with that sort of purchasing power. So many engineering graduates have no jobs, and those who do, are barely able to cover their expenses.
Best podcast I've ever watched mifta's views are outstanding
مفتاح اسماعیل♥️ کی جرآت ایمانی اور حب الوطنی 🇵🇰کو سلام پیش کرتے ہیں۔۔۔بہت محنت کی اور پاکستان کو ڈیفالٹ ہونے سے اللہ تعالٰی کے فضل و کرم سے بچانے میں بھرپور کوشش کی اور کامیابیاں عطاء فرمائی اللہ تعالٰی نے ۔۔ الحمداللہ 🕋🤲
Wao thats great… One of the best
Excellent interview 👍🌟❤️ Thank you Miftah Ismail and super thank you to Shehzad for being present on the social media. God bless you with greater success and more opportunities to inform,educate and inspire people 👍🌟❤️
@Salman-wo5vs
Жыл бұрын
@Mera bharat Mahan lol takay har cheez ko haram kehkr block krdo aur mulk ka beragarak hojai jo Afghanistan ka horha hai
Excellent, and thought-provoking. Tha k you!
This was so good … !
I am happy for sehzad. You are doing Wonderful work. ❤️❤️
Thank you for the excellent and informative interview. Miftah Sahib is indeed a rarity among politicians who calls the spade a spade and does not try to pull the wool over the eyes of people. Well said and well done. We wish you all that is best.
Miftah Sb's and your laugh is sooooo contagious 😂
Thank you for your service
One of my questions about land reforms got asked! Yayyyy
Miftah Ismail jeesy lacturar khn milaingy🙂 Hamary professor to economy KY lacture m loriyan dy rahy hoty h🙄 Etni informative or intrusting podcast h ak second bhi skip ni hopara😍
@solomonmomin8946
Жыл бұрын
Sanaaaaaaaaa.
Too good! U need huge applause to put up this wonderful podcast! I think, if Miftah is given 4-5 years with powerful backing, we can see real change here in Pakistan.. but that's not happening 😑
@71espn
Жыл бұрын
As PM
@zarvanali888
Жыл бұрын
Give these dumbos 50 years and you won't see any change. Khata Hai to Lagata Bhi Hai is their mindset.
@screensafety8015
Жыл бұрын
Ah yes, that ‘powerful backing’ of those fascist who brought the Importeds to power and crushed public opinion - poor Miftah doing his best to save us all while minting millions through corruption :)
Absolutely wonderful! You ask the right questions. Your podcasts educate me a lot.
@ThePakistanExperience
Жыл бұрын
❤
Thanks sir g for this episode.
Plethora of information and understanding gained of the recent state affairs, thank you.
At times your podcast is the only thing that keeps me sane, thankyou 🙏
This is fantastic
Btw it is hard to imagine a PTI member speaking this freely against his own party. Respect for miftah sb
The first time, I agreed with a PMLN leader!
I am an Indian, and I can tell you one thing which actually surprises me is the low tax rate and I am not saying coverage it's the rate. Highest bracket is too low municipal taxes are almost none on top of it there are no special economic zones that can boost exports. But I really appreciate the honesty of former minister and host did a great job to keep the discussion light thoroughly enjoyed it.
Thank you Miftah
Thank you Miftah Sir❤️
I am a podcast host myself - can I say that this is one of the best podcast episodes I have ever come across. Thanks!
Another great episode! Hooked to your content, king. 👑
@akshaybatra1777
Жыл бұрын
Bhai poora dekh to liya karo. 9 hours ago he posted it, 8 hours ago you commented. How did you finish 1.5 hrs in 1 hr?
@faizan_ukk
Жыл бұрын
@@akshaybatra1777 Abayu chutye 1.5x feature dekha hai kabhi? jahil insaan
@g-randhawa8581
Жыл бұрын
@@akshaybatra1777 there is 30 mins time difference between pakistan and India. Delhi is 30mins ahead of Islamabad.
@akshaybatra1777
Жыл бұрын
@@g-randhawa8581 make sense
Great. At 39:28 He was talking about the Forward Rate Agreements.
Great to watch this podcast with a knowledgeable guest and a wise host. Thanks for having him.
@ThePakistanExperience
2 ай бұрын
🙌
He might have made some mistakes, but he served the country sincerely like a true patriot. We are all susceptible to making mistakes, but Miftah genuinely did what he thought was the right thing to do for the country. He'll be remembered with good words.
One of the most sane voices in the current political spectrum of Pakistan
I was and am still totally in support of Miftah's fiscal and monetary policy. Pakistan is at the point where the sour pill must be swallowed in order to see a better economic tomorrow. Unfortunately the associated political suicide is not palatable to ANY Pakistani politician. I don't think Ishaq Dar will do anything other than implement a politically convenient yet economically debilitating policy. Good podcast nonetheless! I'm glad he was straightforward and shrewd in his responses at the same time.
Zabardast muftah bhai thanks for information
This was Wow…. Maza agaya
Big round of applause for this candid podcast.
Miftah Sahab... you really did well... Respect for you Sir..💐
Again thanks for bringing him. He would have changed the economic course of Pakistan in five years. I wish k ap Prime minister ko invite kren, ya foreign minister ko.
Muftah Sahib I do not know you personally, but I can say you are a honest man.
Very good podcast. Miftah Ismail minces no words, a trait missing in Pak pol-army leadership.
@babkamath
Жыл бұрын
The only issue is that he uses the word fascist for an elected Prime Minister, and, I think that the Pakistanis were under the impression that only they had the monopoly on being difficult to deal with, I think they need a reality check with the thought you can fool some people some times not all people all......
@sg0912
Жыл бұрын
@@babkamath true. Their subsequent governments have been more or less fascist in nature. Shehzad has himself made on video on how previous imran khan govt satisfies the criteria of a fascist govt
Current account deficit of financial year 2021 is 2.8 billion dollars and that of 2022 is 17.4 billion dollars, how would miftah sahab justify these numbers?
Good work 🌺
Bravo man bravo....an interesting interview
Pakistan should focus on creating more and more Madrasas and increase population. Once there are 1 billion muslims in Pakistan, they can do jihad against kafirs and do Gajwa-e-Hind. This is the shortest way to become superrich and developed as India would be a developed nation in next 20 years and including India would make Pakistan developed and super rich.
1:19:48 unexpectedly bold!!
Was waiting for this for a while. Excellent interview and very nicely hosted, Shehzad. I will say that the 1.5 hrs of conversation gives both speakers a nice, calm, relaxed space to speak their piece at length and dissect issues without going for quick sound bytes and talking over each other (which I despise coz its so rude). You also speak to your guests thoughtfully, and you care about their answers which makes it so good to listen to. Keep up the great work!
Great podcast.
It was great to hear Miftah Ismail Sahib today
Bilkul sahi kaha ha. Government job is not to run businesses, its inly duty is to create laws, ecosystem level playing field, provide security and justice
Zabardast podcast
well prepared questions in interview by host and well articulated ans by guest
It’s unfortunate for a country that is obsessed with India has no expert on BJP. Labelling it as “fascist” is intellectual laziness.
@muhammedashfaq5845
Жыл бұрын
Perhaps there should be a podcast on the Modi Regime
@mshahzaib4195
Жыл бұрын
Do suggest a person who can explain what actually Modi / BJP is all about, we will ask for him/her to explain on the podcast
@Abdullah-uv9nk
Жыл бұрын
Fascist is a given. No need to intellectualise it.
@TheSaboorAnsari
Жыл бұрын
It's easy to look away from competitors by labeling them fascist or infidels 😒
@yetanotheropinion.843
Жыл бұрын
@@mshahzaib4195 I would like to shamelessly propose my name 😂
in 2018 PTI was saying the same about PMLNs gov. same BS different characters (definite Default!!)
Mashallah, worth listening
Miftah is such a lovely guy. He seems to be honest. Thank you so much for bringing him on the show
Outstanding
The podcast is amazing. Just the fact that mainstream politicians are coming to podcasts is a win for all KZread creators. My only problem with miftah is that while he does agree that this is 1% percent ka Pakistan and that he identified all the problems of the country, absolving himself and his party of any malice or lack of progress despite being part of that 1%, is just hypocritical. The decent thing should be to first accept that they are the problem. Only then can we talk about fixing things.
Amazing yar. Miftah Ismail, as usual, threw straight facts. TPE is becoming the trendsetter of how to conduct podcasts. Brilliant work Shahzad, thank you very much.
WOW GREAT Miftah Bhai ❤️👏❤️
Don't ignore unheard voice of consumers . Think from consumer perspective that consume your podcasts. Thankyou Sir. You are doing great job.
One thing I like about your podcast is that you didn't throw just googly and Yorkers like those TCM and junaid akram etc did with imran khan unlike you literally asked miftah ismail some tough and straight forward questions.
@an_orange8911
Жыл бұрын
Miftah is not the current sitting PM
Both Host and Guest were outstanding. I enjoyed this interview in its entirety. Pakistan economy is totally linked on our quality training and productivity.
Thank you for everything! ❤
Genuine suggestion, pls bring uzair as a co-host in these type of podcasts. He'll bring much more to the conversation.
@dharmendramishra1672
Жыл бұрын
@@ThePakistanExperience well that sucks but kya hi kar sakte he fir