00:00 And sir, it was actually thought that your predecessor, Ishaq Dar Sahib,
00:04 has been made the Foreign Minister because he has good relations with Gulf countries and Muslim countries.
00:11 Have you worked in close coordination with him yet at all?
00:14 Or not, not yet?
00:16 No, see, first of all, who is going to give the portfolio to whom, that is the prerogative of the Prime Minister.
00:22 No, I didn't ask that. But I am just saying that Dar Sahib is still sitting.
00:25 No, I think he is on a foreign trip to Brussels at the moment.
00:31 But, see, at the moment, I have no doubt in my mind that economic diplomacy is a very critical part of how we, you know, have to…
00:45 Absolutely, which is why you two gentlemen need to sit together.
00:48 Right, how we have to navigate things forward.
00:50 Absolutely.
00:51 See, all the cabinet colleagues I have met, we are very well aligned, we have to work together.
00:56 If we can't work together, the whole of the government, then you will have to do the same thing,
01:02 this will be an academic discussion.
01:04 If we have to operationalise, then cabinet ministers have to absolutely not only talk to each other, but work with each other very, very closely.
01:12 So, why do you think I asked you that question, sir? There was no pun intended.
01:15 I was asking you very seriously. You two gentlemen need to be sitting in one room more often than not.
01:20 IMF has demanded in its press release that transparency and transparency be brought in the operations of the foreign exchange market.
01:26 What does that mean exactly, sir? Does the intervention still exist at some level?
01:30 And what do you see in the behaviour of the exchange rate in the coming days?
01:33 See, this rate has been stable for a long time now.
01:37 And, Mehr, I will tell you this.
01:40 See, both these things have been done to us together.
01:43 See, you have raised a very good point about the FX.
01:47 Yeh kabu kaise aaya? Yeh kabu aaya through administrative measures.
01:52 Right? When through the administrative measures, aur jo jisna rokha gaya,
01:57 hundi hawala, ispe, you know, when the administration came down hard on it.
02:03 But at the same time, sirf administrative measures to aap phir keh sakti hai na, ki yeh stop gap hai, uske baad isme badhao aayega,
02:12 ya kamee ho jayegi. But then I have to give full credit to the state bank.
02:17 Ki wo structural change le kar aaye hai. They have started moving in that direction.
02:21 Ki unhone jo exchange companies ki jo capital requirements hai unko badhaya.
02:26 Jo bankon ke paas exchange companies thi, unko kaha ki aap aur booth kholiye in your branches.
02:32 Aur aath aur bankon ko kaha ki aap exchange companies further khole.
02:37 Now to me that is a structural step. Aur yeh baaki bhi joh abhi baaki hain, aap baad se aap baad kiye hain,
02:43 aapne kaha hai, ki yeh pehle toh nahi hua, ab hoga ke nahi hoga. Yeh dono cheezein hame karni hai.
02:49 Going back to, main iski analogy isliye istamal karna hu, ki yeh jo FBR wale reform ki baad kar rahe hain,
02:56 ki isme humne jo leakage hai usko band karna hai, jo tax base hai usko badhana hai, aur humne isko digitize karna hai.
03:03 Isme main yeh bahut important humara yeh step hai, jisme hum already inshallah consultant end of April,
03:10 jo hai, wo hire ho jayega. And this is end to end digitization.
03:14 Sir yeh end April jo consultant aa raha hai, end April jo consultant aap keh rahe hain hire ho jayega, yeh FBR ki digitalization ke liye?
