things up, oh that effectively set up a one set shootout for the trophy and the momentum stayed visible anchor. she got the crucial break and soon found herself serving for the match. she failed to convert 3 championship points, but at the 4th time of asking, she finally got over the line. it's the 1st grand slam title for the 24 year old, because it belushi supported the russian invasion of ukraine. she wasn't allowed to officially represent a country in melbourne in e. she's the 1st ever neutral player to win a tennis grand slam during amazing atmosphere. i hope next year i come back stronger and though i'll show you even better tennyson, you guys support me one more. ah, doubling his 11 straight when the year sees a returned to

a career high world number 2, ranking david stokes al jazeera ah quotes every with a surgery and so they can hear in doha with the headlines. i'll 02 is ready. shuttle hasn't been injured. and a gun attack and occupied east jerusalem is really forced to say, the suspect is 13 years old. he's been taken into custody. his family denies that he was involved and says he just happened to be in the area. james bass is in occupied east jerusalem with more and more likely to come out of israel security capital mission. this is the 1st thing that might happen, concerns gun permits. these ready government has been encouraging people to apply for gun permits to protect themselves. well, we're hearing that possibly all those applications that have come in recently, they might all be improved approved very quickly. that might be a fast track to approve those. so despite the fact you heard that benjamin

netanyahu, these really providence the same people shouldn't take the lord's their own hands. they are certainly going to put into those hands. it seems if this report is true, more weapons, at least 40 to palestinians have been arrested. are for palestinian gunmen killed 7 people outside a synagogue on friday. israel's military says that it's increasing its presence and the occupied westbank will. friday, shooting came a day after 9 palestinians were killed during a raid by his really forces in the janine refugee camp. it was the deadliest rate in decades. meanwhile, protest against his wells far right government. and i went to the 4th week, thousands of people demonstrating right now in tel aviv against prime minister netanyahu, his proposals to reform the judicial system. people are expressing their anger across the us after police in memphis released disturbing video, showing officers beating an unarmed black man. tar nichols died later in the hospital. at

a puzzle has one but check republics. presidential one afloat. his opponent perform a prime minister andre babich as congratulated the retired general on winning the largely ceremonial position of those the headlines more you sphere on al jazeera after today's inside story coming up next. we don't currently focus on the pallets of the conflict. it's the consequence of moore, the human suffering that we before time is one of the most serious about the violence. in recent years, we brave bullets and bomb because we give voice to those demanding freedom the rule of law. and we always include the views from our sites. pakistan seek an army crisis, is worsening with the ruby sinking to record lows against the dollar. the i m f is sending a team next week amid a stand off with the government over reforms. so how is this crisis affecting pakistan's people and what does the future hold? this is inside stores.

ah hello and welcome to the program. i'm fully back t ball. pakistan's economic crisis is deepening with a ruby this week hitting its lowest level on record. again, c, u. s. dollar, foreign exchange reserves are running out. the state is holding only enough to pay for vital import such as your for another 3 weeks. the i m f has cut off funding in a stand off with the government over reforms that money in the country needs to keep going and i left team will visit next week for what are expected to be tough talks. now all this comes as the country is reeling from its most devastating floods in living memory. it faces deep political divisions to, along with high inflation during an uncertain global economic climate. or be

looking at what's behind the crisis with our guest. but before that, our correspondent come, al hider has this report from his lamb about on our people, there are feeling it's another day, i guess, lama vod friday bazaar. as people go around shopping border 10 shell good. by the bad news on the economic front. the bug is done a repeat the number against the us dollar by almost 10 percent. and that to, from a government bridge was promising to bring change of august on, according to the financial time. the country is on the brink of collapse and economic trade rates could be comparable to what happens to that along which ran out of foreign exchange market on foreign exchange and all time low. and the country is trying to negotiate with the i m f, which after the evaluation of the rope, he had to come to progress on get got to conditionality,

to resume that bailout package for progress on by the government won that money will not be enough to address budget on, you know, make problem. industry is shutting down because energy costs have been going up and for the fort regarding the banks are not open letter of credit regardless of a cure shortage of foreign exchange, particularly us dollars. we've been speaking with people on the ground and if it is what they tell us, valid points are probably didn't where it was earning 500 rupees a day. even then i was happy as things were affordable. but now even if i'm earning 3 times that still it's hard to survive, that price is beyond the reach. while i'm put a shot among both buyers and sellers are really too high inflation look at the devaluation that will be obviously the increase the patrol prices and other commodities. unfortunately, the total failure, the current government and wrong policies which brought the country, the white one is the valuation of the rope. it will have the paper hard,

dead already struggling to survive are the central commodities. and they of course will be preventive because of the knock on effect on the prices of resent july terms. bugger thorn is important. we've richard a 3rd berlin with john driebe regarding that your charges and both of gods will moon that every year. central got mortar, do real fear, bro. say something that the people of fog a thong can ill afford or pakistan has been hit by a series of sharks all contributing to it see can army problems the worst floods in living memory killed around 1700 people with wide spread devastation costing around $30000000000.00, there's deep political division to prime minister shabba sharif and his predecessor him ron khan, who was ousted in an o confidence vote. blame each other for the crisis. power outages to save money have caused chaos and hit businesses the fates. foreign exchange reserves have shown to just over 3 and a half $1000000000.00. ah,

well as bringing our guest now for today's show, from islam about the law for a fredy kazi, she is a disaster management professional from bish, our i. tar alisha political analyst dinner. former secretary to pakistan's government, home and tribal affairs department, and also in islamabad, abbey, her son, and economists, and a former advisor to the world bank. welcome to inside story. thank you so much for joining us, mr. abbot. her son in islamabad, if i can start with you, what led to such a significant drop in the value of the pakistani ropey? and what does it mean for a country that's already facing multiple crises? i mean, it's her culmination or following that ever policies. economic policies, especially if it's conformity, monetary exchange it over maybe $34.00 decades. so the last one decade and

a half knowledgeable people policy analysts have been writing about it. i've been speaking about that unless the reforms take place. park is one, is headed for a crisis. and surely this was predicted. now, the thing is, if you look back 30 is earlier, the crisis was every 5 years. the duration of the crisis has been narrowing shortening, and the magnitude has been increasing. so now, i mean even if the i'm, if to be let out and that you will probably have another crisis in 2 years or even less than that. because the whole economy is not hard wired for a boom and bust cycle, right? so unless we have deep reforms, which really be painful, we will have another cry says, i don't know in 12 months, 18 months despite the i m f program. but just looking at the more recent crisis in

the plunge of the rope, pakistan abandoned control of it, control of its currency in order to meet the demand right, to liberalize the exchange rate. will that be enough to bring the i m f on board in your opinion now and get this bailout going? i think one of the fundamental pillars of any i'm a program is they should not be a multiple exchange policy and focused on a 3 exchange rate. some of the last 9 months. i think that was a bad policy. so clearly, i mean, it seems that the government has decided to unify the exchange rate and make it market. but the other is for decades focus on was following a very bad pricing policy on energy. even though most of energy is imported, we were selling it to below import costs. we were selling it at below production

costs then for at least 2 decades the i'm and the bank of pushing pockets on to rationalize energy prices. i think that's the 2nd thing on the table, which they've been require focused on to adjust energy prices. and of course, all of these things will lead to inflation. the key thing here is that at this point in time, it's a bit like cancel. anything that is not treatment without pain. so the important thing is and the i, m f continues to sort of press any country and that, that look what needs to protect the poor from loss of income or high inflation. and the rich must be a large burden of that been ok. and that's the important thing that one hopes that the government or the day and the political system and the key stakeholders able to figure out the program that protects the poor. why and having the rich pay

for the burden. all right, no fair in islamic, you have to day more than 9000 containers that start cut ports which are carrying the essential goods. how bad is the situation today for the average pakistani citizen, how are people able to cope on a daily basis with the skyrocketing and facial? they're not thank you for inviting me on the program. i would like to add to what our big hudson was saying. the item has been out is only a stop gap. the average focused on me is poor. and so the reforms that the i m f a suggest is suggesting is only for an injection for money, which will not actually feed the poor, which is the vast majority of fox, donnie. them the question that you got of me and all the natural disasters that we

have only multiply the existing, problematic in pakistan where the average person is i'm able to earn, i'm able to pay taxes. i'm able to be self sustainable. in the best of times, let alone when there's an international crisis, etc. the question to be austin and an advocate, true based quality in agriculture based economy. why are we importing essential goods? why have a, why have the international community and the government of pockets on which it follows its lead? because it borrows so much. why are the charter forms that we are constantly being asked? don't focus on fundamental reforms, not only in the energy sector or tax sector, but to a new loan for who or new offer who or what do you blame for the crisis?

i believe the, the, the class that is the prominent ah, state managers of pakistan for the last 70 years. their priorities of where they want to invest in pakistan's economy while or t human development has resigned, did not the vast majority of this country cannot look after it says, and on the international aid, when it's, i'm mad by not true. our stock gap measures, just as a big husband just mentioned, where do we get the i america, whether we get china or america b, e u a d b to help us? that is just it stop gap for one year to year. ok. does not address our investment, lack of investment in boston, and pakistan. me ok. i to alicia. let me bring you into the conversation. as abby

said, an economic crisis in pakistan comes around every few years, but this time around the internal political crisis and the recent flooding, ah, seems to have made things worse. to what extent are the political tension that tensions that we've seen? the ouster or former prime minister in ron connie, and no confidence old, the protest that we've seen to what extent is the political instability shaping these economic problems? oh, certainly. oh, all this again long b, i sal injured from moments under gomez. hornby bo was from artists. we all are broken on to me to do so. issues also promise on tomorrow's and long mondays. when they go to the people they have their manifestos, greer, the promise. look on things online to the people. oh,

when they come to the law up and up to day, this isn't gone. mingled as long. busy don't let them end as it is defined and has a wind a recommendation or to slow down the only measurement off the been gone, been called. but it also includes a social to learn, as mentioned by like him cause he so a. ringback and chevrolet g o, naturally. so the, there would it be strike, i strolled alms, then there will be to start when, so for supply and sharing, right? in the whole of that kind of thing. and on the real promotions. so when conducive in modern is on wis, but in wire fraud and on the gold. right. well what i ask you about the security

situation, please. because it would seem that the pakistani taliban have been emboldened by a taliban vote afghan, his son at nearby. as to what extent is that a concern for investors today? who are looking at pakistan? oh or so when we compare gender serious compared to the last, you know there is a surgeon as suassa. dallas' if you reduce went in august time in particular, the progress of trauma working fine baluchistan and the day on 1 dollar. increasingly, dougherty in the line, forcing agencies. so now there is a, a few incentives on your b, m, among you are, the general citizens and the business vandals are prosperous. they are being turned in and extortion walls are being given to them

across tomorrow. even if you want, you see v o d provincial assembly or province, there has been bizarre and according to the constitution, there was a requirement or do or do within 90 days. but so far, the government of hamburg went to the law and the golan was under no obligation under the constitution, but no, sir. okay, but it is honored barbara that love the election. maybe it. busy was for you to do it on maybe with if students on those on and grandma romans and i will get back to mr. i'll act i'll come back to the show of elections later because of course him, ron khan. the former prime minister wants election to be held. i'll come back to

that in a moment, but i want to come back to the economic situation and ask miss abbot i sign in is i'm a bad weather. pakistan today is at risk of becoming another sri lanka, and defaulting i think her i would hate to say this, but the probability is very high unless immediately government is able to satisfy the i m f and then they sort of disperse the next trice. once the display has a $1000000000.00, then there are other bilateral countries, especially so the be china. maybe i don't know some countries who basically said yes, we will put in a 1000000000 to 1000000000 once focus on, you know, as i am

a program, do you think the company is in a better position? deserves the probably go from the sorry to interrupt you, but do you think the pakistani government is in a better position to go to comply with the demands of the i m f? is the government in a better position today to meet those demands? look, the thing is they've come in now they're sitting in the saddle. if they don't comply and bargain on goes this elonka road. i think the chances of ever coming back into politics is 0. if they can play short enough, it will be painful. but at least there's some probability that in when the election come around, they could still contest. ok. so from the government perspective, i think for they, they will kind of, you know, i mean, the thing, all these changes hoping against hope that somebody will, will build them out. and ultimately, you know,

none of the friendly going to came forward. okay. did you that was needed? ok, so my point is it's a bitter pill, but they'll have to swallow that. ok. now far, i want to come back to you and ask you more about the situation of the average pakistani citizen. and i know you've worked in flood affected areas you've been, you know, involved in the relief operations there. so i wanted, if you can, to you to tell us about give us concrete examples of how pakistani today i suffering. whether it's in big cities like as i'm a bad off the shower or whether it's in flood affected areas. how of people living on a day to day basis. ok, we focus on the flight affected areas, but the crunch is being sent up amongst a 99 percent of the country. the permanent hours are and

those who live off government subsidies, those who have enriched themselves over the last 70 years. they are interrelated from the shocks of this country, but the average person and those who are affected in this round of plots 2022, don't forget. we also had lots in 2010, and then we all have a unit of flooding as well, which it doesn't capture the national or the international imagination. but since 2022 has to talk about god that has hit the most destitute parts of baluchistan. and since these 2 and a little bit of k as when and i kind of portion of southern punjab as with but the vast majority that will hitler and send an invalid just on and in areas where the human development indicators are

a business. admire any standard by the national standard, but also the a global un standard for living government of pakistan and the provincial government of foxon had led down these citizens for the last 70 years, did the florida has only exacerbated it? so for example, women have given birth without housing, they continued to remain without a roof over their head. children are without doctors, you have no hospital. the is not enough of medicine. a you have high of malaria incidence, like 80 percent communities, 90 percent communities with a massive critical health care needs with absolutely no medicines, no doctors, no housing food insecure. there, man, nourished or i mean in really a write a lender yet let me ask in the law far if the i m f where to put the money in today,

do you think it would get to the people who need it the most? no, it will not. and why do you think that is and how can we change? because the reason why is the allocation and the so called structural reform is focusing on areas which benefit primarily the upper and the middle class . in the urban areas, the where government choose is not to invest in the social development sector and the human investment, human development investment that required to well up the average citizen. more than half this country is illiterate. this is a mighty generational investment that you need to develop. ok, not is not the concern of my m. s. okay. that is the concern of the government of pakistan and not this government along the previous government and a government before that and the government before that there frankly bought off

the problem. so it's a big know there probably. okay, let me ask added our son. so what, what do you think is a way out for pakistan i would have found in what economic policy should the pakistani government adopt to address these economic difficulties. so, i mean, in the most major terms, the only policy they need to do is follow d. i m f a sort of further form program in, in the literature spinet. so they get immediate in flaw or foreign exchange so that they don't default and it in some sort of normalcy comes to the importation of goods. but beyond that, when i say beyond that, i mean in the next 6 to 12 months, they'll have to address the whole issue of energy pricing because the,

the energy sector is a leading billions of rupees a day. and that's part of the reason disgraces. they've kept energy prices cheap, so when you places a cheap, you suck in more import. so you have to price energy, right? so that the demand for energy goes down and imports go down. so that's the next one . you see, the important thing is, you can think medium term long term if you're going to sink in the short term. so in the short term, the important thing is you don't sync. and the only way to avoid thinking is you have to implement if i'm a program and letter and spit it. and then as you get a breathing space, i think the key stakeholders of this country need to get together and agree on a common platform off economic reforms. ok, let me know. got the thing, we'll just keep coming back and on thing. yeah, let me give the final word if i can what,

what is the way forward for pakistan for pakistan to avoid thinking as i bade said that. and i know that the former prime minister in ron khan is pushing for elections to be held this year as soon as possible. this schedule for october will holding elections, change direction in which pakistan is headed. solution focused on. and you should be here all day or yes, you are in the nations and run hans party's concern the day was by job and i haven't gotten d assemblies all the process. and as long as you are within the last edition of 2017, oh really and the reason why we have it in 90 days.

i'm sure the comments on our new ford dealership on one p dash all done. so you all are to my mind is blair larry, give me a window, no problems. ok, and they're drawn a nationalist 70 can be considered or flushing. busy most is the election to the problem. sure. let me have a while and go from his office job. ok. my name is alicia. are you in order to send a wrong signal or stating those lead in west shows or the war or the economy really sort of the stuff. oh, okay. i'm sorry to interrupt you, we'll leave it there. we've run out of time. unfortunately. thank you so much for joining us today on this very important discussion. abby has signed it all for

friday and side act talisha. thank you for being on inside story and thank you too for watching. you can always watch this program again any time by visiting our website at al jazeera dot com for further discussion. go on facebook page at facebook dot com forward slash ha inside story. and of course you can join the conversation on twitter handle, is that a j inside story from me fully back to point the whole team hearing doha, thanks for watching. bye for now. ah. and a console installation most go is one of the actual bay of the case in the world. it has an

incredible facial recognition technology. how does the narrative improve public opinion better? no walker asked, how is citizens generally, can we framing the story? the video spread like wildfire, they do not do practice or in your grade. the listening post dissects the media. we don't cover the news. we cover the way the news is covered. as soon as the sun goes out with the rush i, it's a very challenging place to work from. as a journalist, we're always pushing a boundary part of the center of most always on going to love. we are the ones probably the extra mile where are the media go? we go there and we give them a time to tell their story. ah, ah, hello, i'm adrian. this.