How close is Pakistan to default

[Hero786]

Wish no money for salaries of napak fauj and police

then they will print more money.
they do not need to give dollars to them

 

[Olympus81]

IMF should not be giving any more loans.

Pakistan should take the bitter pill and learn to manage its own house with whatever it has.

We know where the loans will end up and whose going to bear the brunt.

 

[Imran Khan]

then they will print more money.
they do not need to give dollars to them

print will make it toilet paper

 

[pikkuboss]

Very close but Papa Xi will save them in exchange for total control over Pakistan.

 

[Kuru]

I said this earlier too, Pakistan should seriously consider selling off Balochistan and/or Karachi to China for 100 years. It can earn a good amount of money and can show the IMF and evil west a middle finger. Besides, one Balochistan is gone to China, CPEC will also be benefited. So it’s win win for all.

 

[pikkuboss]

I said this earlier too, Pakistan should seriously consider selling off Balochistan and/or Karachi to China for 100 years. It can earn a good amount of money and can show the IMF and evil west a middle finger. Besides, one Balochistan is gone to China, CPEC will also be benefited. So it’s win win for all.

Don't hold your horses. One fine morning, you may wake up to the news of Gwadar port given on a 99 years lease.

 

[Enigma SIG]

print will make it toilet paper

A pack of good tissues already costs around 250ish. Napak Rupee is already toilet paper. Just today int transactions being charged at 312 and incoming remittances at 286. Banks are making a killin that's for sure.

Very close but Papa Xi will save them in exchange for total control over Pakistan.

At this point a Chinese takeover that results in the complete eradication of the elite (I prefer through a pineapple slicer) will be mercy for the plebes.

 

[chinasun]

Argentina has defaulted on its debt five times, and its per capita GDP is still $17,000. Debt defaults hit the ruling party and the wealthiest the hardest. It is useless for ordinary people to worry.The consequence of debt default is currency depreciation and the cost of borrowing dollars increases. But the interest on borrowing RMB will not increase. You are afraid that the currency will depreciate, so you exchange the money for gold and other real objects.

 

[jamesisi]

Hopefully China can bail us out.

Hope not

 

[CallSignMaverick]

Don't hold your horses. One fine morning, you may wake up to the news of Gwadar port given on a 99 years lease.

Already happened

Pakistan Gives China a 40-Year Lease for Gwadar Port

On April 20, Pakistan?s minister for ports and shipping announced that his ministry has given a Chinese?firm a forty-year?lease for the strategic

maritime-executive.com

 

[Joe Shearer]

Agreed but you won't get a chance for ground up nation building after that because of your extremely friendly neighbours

Whatever that means.....

 

[lightning F57]

Defaulting isnt the problem, its having thicko's in charge who are clueless.

 

[Joe Shearer]

@fatman17

By june-2023 Pakistan needs 23B$ to pay the IFIs. Where is that going to come from?

If Pak cant arrange the funds, the borrowers will be forced to roll over.

Regards

How long? How many times?

Irony an enemy Indian trying to cool down fears;

Well, there you go, @SoulSpokesman.

This is concerning because the same posters justify ethnic cleansing of Islam and Muslims from their own lands, so it is very surprising them try to help out PDM and even the establishment now on PDF !

Here it comes - the international/transnational conspiracy.

Serves you right, @SoulSpokesman.

 

[Joe Shearer]

sk any Indian-occupied Kashmiri about what happened on August 5, 2019.

What happened on that date?

 

[fatman17]

Despite challenges, Pakistan to avert default: report

KTrade report says Pakistan's commercial debt obligations are low, can be handled by careful management of current account balance and support of friendly countries

www.brecorder.com