When is Pakistan going to stop 5000 note? Can demonetization curb corruption?

When is Pakistan going to stop 5000 note? Can demonetization curb corruption?

We explore the argument against getting rid of the 5,000 rupee note in Pakistan as a way to tackle corruption. We learn why simply removing this high-value currency may not effectively solve the main problem. There are around 8.5 crore rupees that exist outside the banking system, and we discover the challenges corrupt individuals face in avoiding scrutiny.

We look at the negative effects of demonetization in countries like India and Nigeria, where corruption increased and the economy declined. Furthermore, we find out that illegal money is more likely stored in foreign currencies, gold, or overseas investments, rather than in 5,000 rupee notes.

Instead of demonetization, we suggest other measures, like prohibiting non-filers from certain purchases, and making changes and implementing policies to effectively fight corruption.

Join us as we emphasize the importance of improving the system itself, rather than just focusing on changing the currency. Stay informed and empowered to make a real difference.



0:00 - Intro
0:45 - Why Demonetization
1:55 - Demonetization experiment in different countries
2:24 - Modi Demonetization announcement & result
3:15 - How Indian public react
4:15 - Nigeria Demonetization
5:00 - Demonetization Impact on Nigerian economy
5:00 - European countries shift on one currency EURO
5:46 - 5000 RS Note Role in Black Money
6:15 - Where corrupt people dump black money
6:35 - Pakistani’s investment in Dubai real estate sector
7:00 - Pakistan Gold import during last year
7:35 - How to deal with corruption in Pakistan?
8:30 - Demonetization theory & public
8:55 - Pakistan 75 RS Note Issue
9:25 - Ending


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