Don't kill growth, says Zafar Ul Hasan Former Joint Chief Economist Pakistan

Описание: This video features an in-depth discussion on Pakistan’s current economic situation with a leading economist. The conversation covers Pakistan’s economic growth after the IMF program, including the provisional GDP growth of 3.71% and the limitations of quarterly national accounts data.

Key issues discussed include the credibility of GDP growth figures, the need for rebasing national accounts, weaknesses in data methodology, and contradictions between sectoral growth indicators such as IT exports, electricity, and consumption trends.

The discussion also highlights declining private sector investment, State Bank credit data, rising imports, widening trade deficit, and the recurring boom-and-bust cycle that pushes Pakistan back toward IMF programs after every election cycle.

Further, the video explores the NFC Award and fiscal federalism, challenges in revenue generation at the provincial level, lack of economic management capacity, and the political economy behind excessive public spending.

Special focus is given to SIFC (Special Investment Facilitation Council), reasons for failure in attracting major foreign investment, structural problems such as complex taxation, excessive NOCs, weak ease of doing business, regulatory bottlenecks, and governance challenges.

The conversation concludes with a roadmap for sustainable economic growth, emphasizing productivity, deregulation, investment-friendly reforms, and growth-led fiscal stability instead of excessive taxation.

This video is highly relevant for policymakers, economists, students, business leaders, and anyone interested in understanding Pakistan’s economic challenges and future direction.

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#EconomicGrowth #PakistanIMF #SIFC #NFCAward #FiscalPolicy #TradeDeficit
#InvestmentInPakistan #EconomicCrisis #NationalAccounts #PrivateInvestment #EaseOfDoingBusiness #TaxReforms #BudgetPakistan #StateBankPakistan #EconomicAnalysis #PakistanNews


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Waqar Gillani is a Reporter for The News & global media (WSJ, NYT, AFP). Focuses on politics, rights, and peace. A voice for justice and democracy across Pakistan’s turbulent landscape.
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Mehtab Haider is a seasoned Pakistani journalist specializing in macroeconomic reporting. He serves as a Senior Staff Reporter at The News International, a leading publication under the Jang Group of Newspapers. His work also features prominently on Geo News, reflecting his broad influence in economic journalism across Pakistan.

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Professional Focus

Haider’s reporting delves into critical areas such as:
• Fiscal and monetary policy
• Tax reforms and compliance
• Energy sector dynamics
• Inflation trends
• International financial engagements, notably with the IMF and World Bank