Subsidies - Is the expense worth the relief? | Junaid Iqbal | Pakistan&Counting | Ep 8

Do subsidies actually work, or are they a waste of money? Do electricity subsidies actually reach the poorest Pakistanis? Just how effective is Benazir Income Support Programme? This is the eighth episode in a new series of videos I will be hosting, to try and understand Pakistan’s economic situation and how we got here. Join me as we take a deep dive into Pakistan’s development challenges, and its economic potential. In this episode we will take a look at Pakistan’s subsidy spending, and whether this allocation of resources actually reaches the people it is meant to help. 00:00 - 0:32: Introduction 00:32 - 01:49 An Overview of Subsidy and grant distribution 01:49 - 02:29 Subsidy Distribution: why the power sector dominates 02:29 - 03:27 TDF: Tariff Differential Subsidy 03:27 - 3:56 Why does the power sector matter? 04:53 - 05:40 Power Subsidy Issue 1 05:40 - 06:38 Power Subsidy Issue 2 6:38 - 07:21 Power Subsidy Issue 3 07:21 - 07:55 Thoughts on Power Subsidy? 07:55 - 09:02 Non-Power Subsidies 09:02 - 10:01 How do we pay for subsidies? 10:01-10:42 Grants 10:42 - 12:36 Benazir Income Support Program 12:36 - 13:01 Recommendation 1: Power Sector Reform 13:01 - 13:28 Recommendation 2: Strategic Subsidy Spending 13:28 - 13:41 Recommendation 3: Stop non-targeted Subsidies 13:41 - 15:06 Recommendation 4: Redirect to BISP 15:06 - 16:06 Objections Against BISP Reform 16:06 - 16:40 Conclusion 16:40 - 16:51 One last question Subscribe to our channel and turn on notifications (🔔) so you don't miss any videos. Follow Pakistan&Counting on Instagram: @pakistanandcounting Follow Pakistan&Counting on X: /PakAndCounting #foryou #foryoupage