🚨 WILL PAKISTAN DEFAULT: 2 Trillion PKR Capacity Payments Destroying Pakistan? | Special Episode

Join the Digital Media Marketclass: https://muzamilhasan.com/courses Recommend Guest for a Podcast: https://muzamilhasan.com/guest Get in touch with Muzamil: https://muzamilhasan.com/contact-me Get Mentorship from Muzamil: https://muzamilhasan.com/mentorship Javed Hassan’s Twitter: https://twitter.com/javedhassan JOIN THE COMMUNITY: https://buy.stripe.com/6oEaFEdAXbGe69W6ou REPORTS ON PAKISTAN’S IPP SECTOR: https://drive.google.com/drive/folders/1WwunoacDRer8TJ7j2cfm27UUz08SzJlY Adeel Malik’s paper on Pakistan’s changing political climate: https://muse.jhu.edu/article/930428 Hello folks! Welcome to our first-ever online "Dil ki Baat" with Mr. Javed Hassan. Tonight, we dive deep into the state of the economy, rising poverty, and the impact of the new government budget. We'll also discuss the electricity issue, tax compliance, potential solutions for the energy crisis, what the future holds for Pakistan and more. Do not forget to subscribe and press the bell icon to catch on to some amazing conversations coming your way! #thoughtbehindthings #muzamilhasan #economy #default #taxbudget Socials: TBT’s Official Instagram: https://www.instagram.com/thoughtbehindthings Muzamil's Instagram: https://www.instagram.com/muzamilhasan Muzamil's LinkedIn: https://www.linkedin.com/in/muzamilhasan Podcast Links: • Spotify: https://spoti.fi/3z1cE7F • Google Podcast: https://bit.ly/2S84VEd • Apple Podcast: https://apple.co/3cgIkfI 00:00 Introduction 01:46 Current State of the Economy 02:50 Rising Poverty: One Event Away? 03:36 Why Economic Decline Was Expected 05:42 Post-Budget Economic Outlook 11:18 Tax Compliance: Will People Pay? 15:15 Electricity Problem & Capacity Payments Explained 21:45 How Other Countries Provide Cheaper Electricity 25:18 Take or Pay Contracts 26:18 The Report: Key Findings 29:50 Revisiting the Energy Problem 31:12 Potential Solutions for Energy Crisis 35:35 Two Ways to Reduce Capacity Payments 36:06 Default: Consequences and Prevention 41:24 The Snowballing Effect on the Economy 42:10 Impact of Reprofiling on Pakistan 44:53 What the Bankers Are Saying 47:22 Debt Restructuring & Cost Reduction 50:40 Local Debt: Commercial Bank Debt 53:22 Expected Outcomes & Necessary Actions 58:52 Is the Future Dark for Pakistan? 1:03:56 Final Thoughts