Mashallah Pakistan credit rates increased. A welcomed change

[sparten]

A majority of the countries are in Africa and South/Central America. We know about Pakistan, Ukraine and Turkey. But what is the issue with Bahrain? Isn't it a rich oil exporting country? Why does it have a default risk when oil is $100 per barrel? At that price, any monkeyland can be run as an utopia.

The dirty little secret is that these guys, ie the investors are betting we will default. And stand to lose a lot of money if we don’t.

 

[Goritoes]

According to our Sig Bhai, It is high because they are not offering Fajr ki Namaz, Look at Army they offer Fajr ki Namaz they get better rates.

 

[epebble]

The dirty little secret is that these guys, ie the investors are betting we will default. And stand to lose a lot of money if we don’t.

I think most of the debt is institutional (IMF, Paris club, ADB etc..) or Bilateral (like China), they won't benefit. I think there is very little private debt (i.e., investors) due to Pakistan being not investment grade for more than 20 years.

 

[N.Siddiqui]

There must be some thoughts amongst the people at the helm that China might bailout Pakistan if the country is at the brink of default.

Just in case the IMF and other lenders/US are asking for tougher terms and Pakistan has to sell or surrender it's strategic assets.

In this case IK and PTI govt. can play a crucial role, and China could ask for it, a PTI govt and IK coming back.

 

[Areesh]

@Areesh
Bro you are going to take this

 

[epebble]

There must be some thoughts amongst the people at the helms that China might bailout Pakistan if the country is at the brink of default.

Just in case the IMF and other lenders/US are asking for tougher terms and Pakistan has to sell or surrender it's strategic assets.

In this case IK and PTI govt. can play a crucial role, and China could ask for it, a PTI govt and IK coming back.

Nothing like that will happen. What you are seeing now is what will continue. Institutions will keep giving small liquidity so that essential imports can be made. Nobody is interested in nukes and China will stop answering the phone if too much money is asked.

 

[crankthatskunk]

Bajwa Ghaddar has done his work by bringing Pakistan to its knees by handing it over to criminals who were facing framing of charges against them.
Once Pakistan defaulted, the real game would start, for which Bajwa is prepared by the West, denuclearisation of Pakistan.
Make no mistake traitor Bajwa is leading Pakistan to that stage.
This Qadiani is the biggest danger faced by Pakistan ever.
It is time we all should stand up against him before it is too late.

 

[sparten]

I think most of the debt is institutional (IMF, Paris club, ADB etc..) or Bilateral (like China), they won't benefit. I think there is very little private debt (i.e., investors) due to Pakistan being not investment grade for more than 20 years.

Most our debt is local. Foreign debt in USD isn't a particularly big amount in either reletive or absolute terms.

 

[sparten]

To clarify. Our external debt is 28% of our total debt. Our Government local debt is 74% more than domestic debt.

 

[Mugen]

Bajwa Ghaddar has done his work by bringing Pakistan to its knees by handing it over to criminals who were facing framing of charges against them.
Once Pakistan defaulted, the real game would start, for which Bajwa is prepared by the West, denuclearisation of Pakistan.
Make no mistake traitor Bajwa is leading Pakistan to that stage.
This Qadiani is the biggest danger faced by Pakistan ever.
It is time we all should stand up against him before it is too late.

Sadly, most Pakistanis don't care enough to do anything.

 

[AZ1]

https://twitter.com/x/status/1593286449411112963

 

[koolio]

Would you like to add anything on the graph in OP post ?



Ganja to L hota Hy. Or L Kay supporters ko laudu Kahn Gy.

This stunted growth minion has nothing to answer for the achievements of PDM, these pets can't see anything wrong whether they rape or steal by any means.

 

[epebble]

To clarify. Our external debt is 28% of our total debt. Our Government local debt is 74% more than domestic debt.

Is the CDS figure being quoted applicable for local debt or foreign debt or both? If there is a default on local debt what happens?

 

[sparten]

Is the CDS figure being quoted applicable for local debt or foreign debt or both? If there is a default on local debt what happens?

Both. And in case of local debt, it denominated in rupees, which we will never run out of

 

[epebble]

And in case of local debt, it denominated in rupees, which we will never run out of

Pakistan's Central Bank (Reserve Bank) is not independent, right? So, the government can ask them to create as much money as they want? With Pakistan's current inflation rate, that is not going to be a pretty sight.