IMF puts tough conditions for package

[nahtanbob]

Make a bid. Good chance for india. No ? Or would you prefer building toilets inhouse ?

making a bid is one thing ... what am i getting for the bid ? that is a different story

 

[Dazzler]

UPDATE:

Govt refused to accept any conditions placed for the loan.

 

[blueazure]

where is that indian finance guy who said IMF loans are dirt cheap at 2 percent financing ...

 

[Hassan Guy]

We just gotta live with the fact we'll probably never have a functioning economy

A big a$$ loan which we'll probably never pay back every two years is the way to go

 

[python-000]

Plz Plz keep away from IMF loans its a trap for Pakistan & the government of IK...

 

[bafxet]

Why going to IMF after Saudi, Chinese and UAE rescue packages. If it is about improving ranking than it would get better automatically once the international debtors obligations are meet ...

IK's ecnomic team should stay away from IMF.

 

[Hakikat ve Hikmet]

IK government might now have an option to skip IMF to meet the debt payment obligations, hence the resistance!!! IK's fast-track bouncing the tweet back to President Trump might be another spin in the show!!!!! IMF or no IMF, IK is control of the game!!!! It's quite a feat for a 3-months old government considering the implanted traitors of the highest order were in a mission to kill Pak from inside!!! With the passage of each day it's getting clearer!!! After the financing episode is over those folks need to be tried for the high treason and sent to the gallows...

 

[doorstar]

Why going to IMF after Saudi, Chinese and UAE rescue packages.

To establish an internationally recognized credit rating which can attract more FDI

P.S.
China is one of the top 3 in the IMF apparatus

 

[VCheng]

UPDATE:

Govt refused to accept any conditions placed for the loan.

It is good to see that the government is playing its cards very well with the IMF, I suspect in no small part due to the breathing room afforded to it by Saudi and Chinese support. Well played!

Now let us see how the present match ends.

 

[bafxet]

To establish an internationally recognized credit rating which can attract more FDI

P.S.
China is one of the top 3 in the IMF apparatus

Moods, Flinch and S&P can certify your credit rating. Go to IMF which mean it is at the expense of your growth.

 

[Mav3rick]

I hope IMF puts impossible conditions on their assistance. We need to start living without IMF and without external support.