IMF and WB said it stright to FM hike tariff or we will not provide loan.

[Maula Jatt]

Of course, anything USA can do, Pakistan can do even better, if it sets its mind to do so. Default will definitely not be hard for Pakistan to manage successfully.

FDI won't come anywhere near pakistan for at least a decade

 

[Desprado]

FDI won't come anywhere near pakistan for at least a decade

This. When currency is in crises than Investor avoid it due to that he will get return in local currency term not in Dollar term that is i always to some stupid people that growth is secondary and stability is first.


We cannot go for a growth at least 5 years due to we too much debt to pay and to manage CAD , we will get more debt and make currency more weak, means more inflation and more lack of purchasing power than it means more less Jobs and crime.

 

[Maula Jatt]

This. When currency is in crises than Investor avoid it due to that he will get return in local currency term not in Dollar term that is i always to some stupid people that growth is secondary and stability is first.


We cannot go for a growth at least 5 years due to we too much debt to pay and to manage CAD , we will get more debt and make currency more weak, means more inflation and more lack of purchasing power than it means more less Jobs and crime.

 

[FOOLS_NIGHTMARE]

WB urges Pakistan to ‘stay course’ on reforms

WB urges Pakistan to ‘stay course’ on reforms | The Express Tribune

Calls for accelerating pace of power sector reforms, critical for achieving higher economic growth

tribune.com.pk

 

[hamilcar of carthage]

Aap log merae khyal mae kg sae farigh hain, do you even know what default does to a country. Tumharae bachae beekh mangangae, if you default at this time.

 

[HalfMoon]

FDI won't come anywhere near pakistan for at least a decade

Chinese FDI is already making its way into Pakistan through BRI/CPEC.

Just because the biased Western press will not report it does not mean that it is not happening.

This. When currency is in crises than Investor avoid it due to that he will get return in local currency term not in Dollar term that is i always to some stupid people that growth is secondary and stability is first.


We cannot go for a growth at least 5 years due to we too much debt to pay and to manage CAD , we will get more debt and make currency more weak, means more inflation and more lack of purchasing power than it means more less Jobs and crime.

PKR depreciating is goods news as it will make our exports more attractive. Also, it will attract more FDI from China. China is looking to outsource and expand its manufacturing and agriculture and Pakistan is their preferred destination.

 

[VCheng]

It is time to form the Sino-Afghan-Pakistan union.

This union will have ports in both Pacific and Indian oceans and will be able to control the whole logistic hubs of Central Asia and Caucasus.

The opportunities are immense.

I guess that is for the proposed nations to decide if and how such a union would serve their respective national interests.

FDI won't come anywhere near pakistan for at least a decade

Yes, there will be downsides, but the overall equation for a default may not be as bad as people might fear. Look at Argentina as a case study, for example.

 

[HalfMoon]

I guess that is for the proposed nations to decide if and how such a union would serve their respective national interests.


Yes, there will be downsides, but the overall equation for a default may not be as bad as people might fear. Look at Argentina as a case study, for example.

My proposal is in the best interests of all the three parties

1) Pakistan is the only nation that can provide China a route to Indian Ocean & Arabian Sea by passing the strait of malacca. China has no other option but to rely on Pakistan

2) China is the only economic power who is willing to invest in Pakistan. BRI/CPEC is the proof for everyone to see.

3) Only China can invest in Afghanistan and Only Pakistan can provide a route to land locked Afghanistan. Afghanistan has no other option but to rely on China and Pakistan

The above points make China-Pakistan-Afghanistan a natural union.

 

[alee92nawaz]

Such a hope would be more feasible if it can be shown how china's national interests would be served by eliminating corruption in a third world country lie Pakistan, albeit with good iron brotherly relations.

Lol I'm sure Biden would serve Chinese national interest like trump did to Huawei ,. Isn't china also a 3rd word country.?

 

[VCheng]

Lol I'm sure Biden would serve Chinese national interest like trump did to Huawei ,. Isn't china also a 3rd word country.?

The US President is sworn into office to serve US national interests. Let the Chinese leaders do whatever they feel serves their interests the best. What is your point here?

On topic, Pakistan will decide what course of action to take on WB and IMF advice as it sees best to serve its national interests.

 

[zn426]

Chinese FDI is already making its way into Pakistan through BRI/CPEC.

Just because the biased Western press will not report it does not mean that it is not happening.


PKR depreciating is goods news as it will make our exports more attractive. Also, it will attract more FDI from China. China is looking to outsource and expand its manufacturing and agriculture and Pakistan is their preferred destination.

Only one problem with the depreciation-PK IS NOT INCREASING EXPORTS FAST ENOUGH. I get that there's been a global pandemic. The 13% loan notes were a bad idea.

Also, China is not going to make the situation better. They are focused on loans, not on true FDI, and they are doing the same in Afghanistan. Pakistan needs equity investments, which is not coming in. The only way I would endorse more debt is if it was at 1-2% interest rates and it cleared our current loans out.