Government of Pakistan announces Stimulus Package for Economy.

[RIP Pak LAW]

Clearly it was looking like some journalists were on the payroll of some one. Corono was not their priority, asking irrelevant questions. I think PM tacklered them very strongly.

 

[Bilal.]

I am worried that the authorities will lose focus on the locust eradication efforts. It’s of high importance that we don’t lose track and carry out timely eradication of locust which can threaten our agriculture and cause a lot of devastation.

 

[TheDarkKnight]

Storm Sahib, yeh aap kya farmaa rahay hain? Pakistan Tehrik-e-Insaf ruling Pakistan without Baby Debtzilla?

WB to approve $200 million for emergency project in Pakistan

Asian Development Bank, World Bank to give $588m for fight against virus

Oh jeez is there a limit to your nonsense. 1200 bln RS is not equal to 588+200=788mln dollars. Secondly these offers by WB and IMF are made to developing countries for health related expenditures to fight coronavirus only, which to this date have not been accepted by Pakistan Govt. The largest increase in Pakistani debt happened in PMLN tenure, so maybe PTI is a baby debtzilla - NS and their followers are the Mother Debtzillas !

 

[Pakistan Space Agency]

Oh jeez is there a limit to your nonsense. 1200 bln RS is not equal to 588+200=788mln dollars. Secondly these offers by WB and IMF are made to developing countries for health related expenditures to fight coronavirus only, which to this date have not been accepted by Pakistan Govt. The largest increase in Pakistani debt happened in PMLN tenure, so maybe PTI is a baby debtzilla - NS and their followers are the Mother Debtzillas !

You do know Pakistani external debt has increased from $96 billion to $111 billion in just 18 months So far?

Also, you do know during the PML-N's third tenure, Pakistani external debt increased an average of $8.2 annually but ended up with a GDP Growth Rate of 5.2%.

However, under PTI the debt is increasing an average of $10.4 billion annually but with a much lower GDP Growth Rate of only 2.4%.. (expected to worsen).

On the bright-side PTI's billionaire Jehangir Tareen' s sugar mill profits have increased by 170% in just the first year.

 

[TheDarkKnight]

You do know Pakistani external debt has increased from $96 billion to $111 billion in just 18 months So far?

Also, you do know during the PML-N's third tenure, Pakistani external debt increased an average of $8.2 annually but ended up with a GDP Growth Rate of 5.2%.

However, under PTI the debt is increasing an average of $10.4 billion annually but with a much lower GDP Growth Rate of only 2.4%.. (expected to worsen).

On the bright-side PTI's billionaire Jehangir Tareen' s sugar mill profits have increased by 170% in just the first year.

This is irrelavant to the topic at hand. My explanation is only about this specific package i.e. this stimulus package is not from the IMF and WB offers for coronavirus that you quoted.

 

[ejaz007]

Oh jeez is there a limit to your nonsense. 1200 bln RS is not equal to 588+200=788mln dollars. Secondly these offers by WB and IMF are made to developing countries for health related expenditures to fight coronavirus only, which to this date have not been accepted by Pakistan Govt. The largest increase in Pakistani debt happened in PMLN tenure, so maybe PTI is a baby debtzilla - NS and their followers are the Mother Debtzillas !

PML (N) also returned loans. This was accepted by Asad Umar in national assembly. The statement is available on this very forum. PTI at the moment is only adding loans.

 

[KaiserX]

How about selling off all the state own corporations that are in loss? You save enough money to do a stimulus package every year literally...

 

[zarabesunni]

Also ask to Banks to write off Credit Card Payments, because most of salaried persons jobless

 

[KaiserX]

Also ask to Banks to write off Credit Card Payments, because most of salaried persons jobless

Really who would take a credit card in pakistan with such high interest rates??? would be financial suicide for anyone

 

[Enigma SIG]

Really who would take a credit card in pakistan with such high interest rates??? would be financial suicide for anyone

You haven't yet delved into car loan rates; and people take out loans for those far too often.