Bloody Riots in Rawalpindi

[Hutchroy]

New IMF loan insufficient for Pakistan: economists

The IMF has already given Pakistan four billion dollars from the 7.6 billion dollar Stand-By Arrangement agreed in November.

New IMF loan insufficient for Pakistan: economists

According to State Bank of Pakistan the I M F has doled out US Dollars 6.377 Billion to the Central Bank (State Bank Pakistan) And US Dollars 1.117 Billion to the Federal (Pakistani) Government making it a Total of US Dollars 7.494 Billion, up to 31-12-2009, as per the following Link :

Pakistan's External Debt and Liabilities

The statement The IMF has already given Pakistan four billion dollars is misleading and derisory amounting to a blatant lie to the good People of Pakistan - to say the least.

 

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According to State Bank of Pakistan the I M F has doled out US Dollars 6.377 Billion to the Central Bank (State Bank Pakistan) And US Dollars 1.117 Billion to the Federal (Pakistani) Government making it a Total of US Dollars 7.494 Billion, up to 31-12-2009, as per the following Link :

Pakistan's External Debt and Liabilities

The statement The IMF has already given Pakistan four billion dollars is misleading and derisory amounting to a blatant lie to the good People of Pakistan - to say the least.

Thanks for the correction my source was bit outdated - anyway i want to sum up - to pay back IMF debts pakistanis need to pay more for the basics so there would be more hikes coming in the future!

 

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Here is the video about IMF loan its funny but shows what exactly IMf is upto -

This video is on the serious note:

On the more serious note: