Debt servicing surges to Rs2.1tr

[Silverblaze]

PIA and Pak steel were in profit.

Musharraf summons PIA chief over losses

ISLAMABAD, Nov 12: President Pervez Musharraf has summoned the top management of Pakistan International Airlines...

www.dawn.com

PIA incurred Rs500b losses in 15 years, NA told | The Express Tribune

PIA sustained a cumulative losses of nearly Rs500 billion in past 15 years, with tenure of previous PML-N being worst for national flag carrier

tribune.com.pk

.

OGDCL was also in profit, but SOEs continued to bleed money.

Musharraf should have privatized everything.

 

[Norwegian]

Musharraf should have privatized everything.

He did. Donkey chief justice Iftikhar Chaudhry blocked him remember

 

[Zibago]

Going default is no joking matter. Greece was only spared because it is part of European Union. Independent countries like Argentine, Venezuela, Lebanon are going through hell after default.

I dont think people understand what triple digit inflation means

 

[Mav3rick]

Kuch Sharm o Heya?
@muhammadhafeezmalik @Tameem @El Sidd @Mav3rick @blueazure

I know you are a total retard and I wonder why you have not been banned yet but stop tagging me on every nonsense!

 

[ziaulislam]

Focus shouldnt be on debt but growth

If you get growth debt will go down by % automatically

But growth shouldnt be debt driven but investment driven..

 

[عقاب]

We were in same situation after Nawaz Sharif was ousted in 1999 coup. It was brilliant team of Shaukat Aziz that sorted out the mess. Root of the problem is Nawaz Sharif not Imran Khan.
View attachment 742325

Pakistan's economy is not growing because of debt trap. Without growing economy you can't increase revenues, and thus taxes

No , I think that it was not due to shaukit aziz oxford brilliance.
History tells us that why it happens? because everytime there is a dictator in power , their american big brother throws some bones due to their shear obedience and coordination

 

[Silverblaze]

He did. Donkey chief justice Iftikhar Chaudhry blocked him remember

That is true. But progress was slow. Plus why couldnt they find someone other than the hindu mittal to sell the steel mill to?

But if musharraf wanted he could have done it. Was is more difficult than staging a military coup? I dont think so.

 

[Norwegian]

That is true. But progress was slow. Plus why couldnt they find someone other than the hindu mittal to sell the steel mill to?

But if musharraf wanted he could have done it. Was is more difficult than staging a military coup? I dont think so.

No one can overrule Chief Justice of Pakistan. Not even Dictator

 

[Silverblaze]

No one can overrule Chief Justice of Pakistan. Not even Dictator

Musharraf promulgated a PCO after the 99 coup when the Chief justice Syed uz Zaman siddiqui refused to endorse his actions. Consequently, all judges who were against were removed who didnt take oath.

In Pakistan when someone wants to save his/her kursi, he/she can do it, but when someone wants to save national assets - bahanay!