The truth behind Pakistan's "Economic Growth" - Khurram Hussain - Journalist - TPE 112

Khurram Hussain is a Business and Economy Journalist at DAWN, Pakistan's leading Newspaper.  Khurram Hussain comes on the podcast to unmask the provisional economic growth rate of 3.9% given by the Government. On this deep dive discussion, we get into the question of if the GDP growth actually help uplift the impoverished in Pakistan, the myth of trickle down economics, and what Pakistan can do to make economic growth sustainable.  Are we headed towards another IMF program?  Does the current account surplus matter?  Should the state bank be autonomous?  Exposing the property file racket.  Find out this and more on this week's episode of The Pakistan Experience

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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. He can be found on Facebook, Instagram, Twitter and Tinder.     https://www.facebook.com/Shehzadgs/ https://twitter.com/shehzad89 https://instagram.com/shehzadghiasshaikh

Chapters:

0:00 Introduction

5:00 Shaukat Aziz

8:00 Unmasking the 3.9% Economic Growth Rate

20:00 IMF Packages - Are we going for another one?

24:00 Direct cash injections vs Corporate handouts

34:00 Corporate Power in Pakistan

41:00 India

47:00 Are economists disconnected from ground realities?

53:00  Property file racket

1:06:00 The economy is growing but for whom?

1:21:00 What is stopping sustainable Economic Growth?

1:29:00 Is PTI cleaning PML-N's economic mess?

1:41:40 Does the Current Account Surplus matter?

144:40 Remittances

1:48:20 Indirect taxation vs Direct taxation

1:53:50 Is the economy out of the woods?

2:03:00 Musharaff vs PPP vs PMLN vs PTI - Who was the economy good for?

2:07:30 Should the state bank be autonomous?

2:10:30 IMF's projections for Pakistan

2:15:30 Why isn't there more business/economic journalism in Pakistan?

2:20:25 One good thing Imran Khan has done