People draw wrong parallels here. If you want to compare, compare Ahsan Iqbal with Murad Saeed, compare Hina Rabbani with Shah Mehmood. Sania Nishter was given the portfolio of PTIB first and she replaced Dr. Umar Saif. If you want to compare, Compare Sania with Dr. Umar (whom I clearly don’t like). Even Mr. Miftah Ismail is a very seasoned Economist. Read him and listen to him beyond the myopic vision. Much better than the likes of Asad Umer. No issues that’s why there are advisors who guide ministers about it.
Ph.D. in economics doesn’t equate to a multi-discipline grip over other matters. Better to acknowledge your limited understanding of the matter than claiming to be a master of the subject. He has particularly answered the question on web3.0, not on digital or cryptocurrency. Listen again. And in the last, he set out the policy guidelines that govt would not interfere in its development. This is how tech has evolved over the years. Plus, even IT experts are not agreed on one definition of such rapidly evolving fields. But yes, it’s Pakistan and you can claim to know this stuff & bash your minister after trading in Doge coins & Shiba.
He gave the perfect reply as a state representative over here. He passed the discussion to the state bank guy since they are more experts on Monetary things. Moreover, his reply is what we wanted that if you aren’t aware of something, we will not intervene over there. There are thousands of markets in different economies where the lawmakers have no clue about it, but they don’t interfere, unlike Pakistan.
This is the take of Uzair Younus, the guy who asked this question to Miftah.
But no, we love to twist videos because of our grudge. How can he understand when the web3.0 industry itself hasn’t figured out yet what they are. The main point is ‘as long as government stays away from them, they are fine. Appreciate this that at least we are realizing government shouldn’t intervene everywhere. He claimed he doesn’t know much and we should appreciate that. Unlike Mr. Know-it-All the Imran Khan.
To the concern that he criticized IK for being too ‘Islamic’ at that forum. What does he want to achieve by doing so: portraying himself as a Liberal slave and portraying his political rival as an Islamic extremist? Well actually, he is not ridiculing a basic Islamic concept, he is ridiculing PTI’s cynical use of a Quranic verse to paint your political opponents as the embodiment of Vice. And Shireen Mazari’s response to this is identical to rightwing parties that paint all criticism of them as attacks on Islam. This is the use of religion and that’s what IK violently opposed and had similar thoughts on Maulana Fazl ur Rehman. Now, if his opponents are accusing him of this, why feel offended?
Rest as for IK that’s totally his own opinion and he also has the right to freely express his opinion as amar bil maroof wa nahi anil munkar means “enjoin what is good and approved, and forbid what is evil and disapproved”, this is completely based on the people who have to decide what is good and wrong for them
Don’t know about his performance but definitely a finance minister we needed. Finally seeing someone coming from the background of economics, instead of accounting/MBA/finance people. I like the fact he is democratic and engages with economists who don’t belong to any party. Furthermore, this guy listens to the opinion of different economists on Twitter and is humbled enough to take the opinions of twitter economists. Recently he had a discussion with everyone on ProfitPk.
Finally, Miftah who is the current “bloody finance minister” or Federal Minister for Finance, Revenue, and Economic Affairs at the Government of Pakistan, could be reached at: miftah.ismail@candyland1.com unlike PTI ministers where you educate them on something and boom, they raid your social media and murder the stats. He has the guts to listen and respond.
