IMF Loan History of Pakistan

[wali87]

Saaray Govts ka loan aik taraf. Aur en Ganjon ka sirf 5 years ka Loan aik taraf. Bloody 35 billion dollars!! Allah hi poochay ga en se bhai!

 

[Ali Tariq]

Bloody 35 billion rupees!!

Yar ye kam nahi hai?
Kahin aap $ to nahi kehna chahte?

 

[wali87]

Yar ye kam nahi hai?
Kahin aap $ to nahi kehna chahte?

Oh yes sir you are quite right. I meant 35 billion dollars lol. Just corrected it. Thanks

 

[Champion_Usmani]

 

[Champion_Usmani]

https://twitter.com/x/status/1050801070161764354

 

[Champion_Usmani]

https://twitter.com/x/status/634426662310948864

 

[jupiter2007]

Listen to what IMF is saying..
Increase transparency, Sell all businesses in deficit, PIA, steelmil, etc, increases TaxNet, and reduce taxes on basic necessities.

Please keep in mind that half of these new loans were needed to pay off the previous loans.

PLMN was given 5 years but they failed to do any reforms, and left economy in the worst conditions.

 

[Safriz]

Reduce imports of Rubbish nd kick out Foreign corporates robbing our money for rubbish..
Food is the main business in Pakistan. Yet most of food business is done by Foreign giants such as Nestle, Kellogs and such.
Can we not make Corn flakes, biscuits and teabags or pack milk? Then why we need Nestle and other foreign giants to do so for us and sell our produce at European prices to us?

 

[FuturePAF]

Reduce imports of Rubbish nd kick out Foreign corporates robbing our money for rubbish..
Food is the main business in Pakistan. Yet most of food business is done by Foreign giants such as Nestle, Kellogs and such.
Can we not make Corn flakes, biscuits and teabags or pack milk? Then why we need Nestle and other foreign giants to do so for us and sell our produce at European prices to us?

This is why China protected most industries, until their industries were strong enough to compete. then they let in the foreign companies to do business. Nestle is a prime example. Selling our own water back to us.

 

[Champion_Usmani]

https://twitter.com/x/status/1051114832848715777

https://twitter.com/x/status/1051114836300587010

https://twitter.com/x/status/1051114860036141056

https://twitter.com/x/status/1051116964788269057

https://twitter.com/x/status/1051140621002522624

https://twitter.com/x/status/1051140624890691584

 

[Champion_Usmani]

https://twitter.com/x/status/1051160105331433472

https://twitter.com/x/status/1051098566121394176

https://twitter.com/x/status/1051158497264640003

https://twitter.com/x/status/1051159719572836358

https://twitter.com/x/status/1050269554566402048

 

[Path-Finder]

https://twitter.com/x/status/1050973826278928384

Miftah giving mutah advice. F#ck off

https://twitter.com/x/status/1050749051073978368

 

[Path-Finder]

PML-N, PPP ‘looted country like East India Company’: PEW
By
INP
-
October 13, 2018
0
310

‘Masses should understand that the country cannot be run on the basis of loans forever’

ISLAMABAD: The Pakistan Economy Watch (PEW) has criticised Pakistan Muslim League-Nawaz (PML-N) and Pakistan People’s Party (PPP) for plundering the country ‘like East India Company’.

PEW Chairman Brig (r) Muhammad Aslam Khan said the recent price hike was a compulsion due to destructive policies of former prime minister Nawaz Sharif, adding that the masses should understand that the country cannot be run on the basis of loans forever and a change is not possible overnight.

“Economic stability will automatically reduce the prices of energy and would subsequently stabilise the eroding exchange rate,” he maintained.


Addressing a gathering on Saturday, he said that the people should not panic and remember the example of South Korea which took a loan of $58 billion from the International Monetary Fund (IMF) to avoid default. “Masses cooperated with the government of South Korea and deposited tonnes of gold, enabling it to repay debt four years ahead of schedule,” he highlighted.

He said the world wars destroyed many countries which are now highly developed nations. Giving another example, he said the Venezuelan economy contracted by 18 per cent in 2018, prices jumped by 1,370,000 per cent while IMF forecasted that inflation would touch ten million per cent by 2019. “But the situation in Pakistan is far better than that,” he added.

He noted that politicians, bureaucracy and other influential have looted Pakistan to an extent that masses are not ready to believe anything. However, he mentioned, now the situation has changed and the government will not need another bailout in future.


https://profit.pakistantoday.com.pk...east-india-company-pew/#.W8I2wXcVfo0.facebook

 

[H!TchHiker]

https://twitter.com/x/status/1050973826278928384

Miftah giving mutah advice. F#ck off

https://twitter.com/x/status/1050749051073978368

Please keep in Mind "Current account deficit " and External or Gross debt is quite different things to begin with..So miftah is right and so do the Farukkh

 

[Champion_Usmani]

https://twitter.com/x/status/1051079689639477248