Mushraff Worried by Pakistans $90 billion debt & CPEC debt interest

[SHAH820]

1. If everything that Pakistan will be paying to China is in Black and White and already is in public domain and there is nothing what Pakistan will be getting in form of revenues. Then one can only assume from ones rear

2. If any Indian Hindu is giving you something to ponder then analyse it before rubbishing it outright. CPEC is projected as a saviour of Pakistan's economy, therefore it is in your interest to ask question to your establishment and your Government and demand truth to be made public.

3. One thing you can definitely learn from the cheap goons of RSS is how not to sell your country to foreigners.

that seems logical. Pakistan maybe entitled to collect protection money if they want to... atlast its PA who is protecting the entire investment of the infrastructure...

goods coming on gwadar (taxes on ships) goods going from pakistan to china (toll taxes and for a cargo truck which is about 1000 rs per/toll stations) goods going to china (no taxes due to free trade agreement) but goods going to iran, turkey, tajakistan, and in middle east and africa (which is the real purpose of the project) taxes on their products(taxes are about 21% but can be different for different products without toll charges) and also new indutrial zones which will be going to setup and power project to over come energy shortage and boosts pakistan economy

please my friend if you want to stay on this forum stop trolling and answer after learning about things i recommend you read about CPEC most of the energy project (almost every) are being made by chinese companies but will be control by pakistan's private companies (coal power plant in karachi will be control by fauji fertilizer hub coal power plant is balochistan old power plant which is upgraded chasma nuclear plant is also being upgraded under CPEC) only cause there is no or very little tax on chinese machinery and and engineers and etc which making them cheaper and by combining local work force and engineers it will make them more cheaper

$35 billion are FDI and $11 billions are loan which going to be paid by with 2% interest

please watch documentary on CPEC it widely popular in western media also national geographics also made a documentary on it and when they all say it will benefits pakistan for decades it means its means it will and then there are you people who only know what their media shows you

humble request come out from your imaginary world

 

[Guynextdoor2]

No benefit will ccome to people of Pakistan until blood sucking leaches are at the top slots in govt. Look at Nigeria, it is a major oil producing country but its people are poor.

I don't get this- why would you allow all construction to be done by Chinese workers? You have to pay back the loan. If employing Pak workers reduces the outlay by even 15% you're saving the equivalent of Pak defense budget. This plan has all kinds of crazy elements.

 

[WarFariX]

So Pakistan shouldn't have invested on CPEC, energy sectors, Motorways and its expansions, Metro projects, Military operations?

They all cost money. Thanks to Musharraf's exit strategy with Zardari, PMLN was forced to take loans to invest on fast-tracking CPEC, invest on the energy sectors [wind, solar, hydro,...etc], military projects that expanded cost real money, and metro projects to lessen the congested areas largely.

Musharraf has done nothing in regards to military project [against TTP, not to mention TTP was born in his ruling], allowed MQM to ruin the only major economical port of Pakistan, and no investment on the energy sector except one project that was dead-end finally revived in 2013 to discard the project later [or not; not sure] to funnel more money on other energy projects as mentioned above.

Thanks to Musharraf and his policy which allowed Zardari to succeed him as leader of Pakistan, Pakistan economy took huge hit which to this day still stabilizing the economy and a lot more needed to do in the future.

Musharraf seems bitter that Nawaz Sharif has been able to stabilize the economy left in ruins by Musharraf. It is good that General Raheel grilled him and knocked him some sense after he allegedly undermined the government in the year of 2014 according to the rumor which backfired nicely. And then the military operation carried on and expanded all the way to Karachi against MQM which didn't sit well with Musharraf.

excuse me ...mqm didnt ruin karachi until 2009 when when ppp came here...karachi was clean before 2009 and now its a rubbish bin....mqm did a lot good and a lot bad for karachi,...they jkilled people but they sprayed anti mosquito sprays in khi every month and especially in eid ul adha ....mqm kept karachi clean until zardari daako came and turned everything into shit and more target killings started....

 

[SHAH820]

by the way- for the PDF members that want to know what a great deal is- when it comes to these infra development loans- take a look at the Bullet Train project and accompanying loan given to India by Japan. In summary (for those who don't want to do all the research)- its Rs 79,000 Cr @ 0.1 % interest rate over 50 years tenure and 15 years moratorium.

i really doubt 0.1% interest

 

[Trango Towers]

VERY VERY INTERESTING VEDIO

Mushraff confirms between 1999- 2017 Pakistani debt has risen nearly three fold

FROM $38 billion to $90 billion

THAT CHINA IS CHARGING 8% LOAN INTREST on CPEC loans to PAKISTAN

HE has concerned unless CPEC works Pakistan will not be able to service this debt

CPEC will work and as the roads are constructed and transport get a going Pakistan will increase charges and pay the debt. All business is risk but 8percent is a lot

 

[Blue Marlin]

Oh you have neighbors far more than that. India is keeping a very very close watch on what's happening to Brexit. Word is a lot of Indian companies are putting together treasure chests for a buyout spree.

buy buy what ?

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May be pak members concerned more about India than vice versa... you can't see such type of trolling from any other nationals...

i was watching that documentary which reza aslan was in which was about the caste system and aghoris cast system.
how popular are agoris as they see every thing as one?

 

[Hulk]

Don't forget that Musharraf speaking for point scoring too. We can leave it from discounting point of view. I hope people may agree what else he says, too.

I have seen many videos where they have raised serious concern. One person was alluding that this is mostly going to benefit China. They had money which they invested with rate of return guaranteed 34% by Pakistan. If CPEC does not produce enough revenue than Pakistan will pay China. Net net China is gaining. Even gaining via road access.

 

[randomradio]

i really doubt 0.1% interest

http://economictimes.indiatimes.com...il-contract-to-japan/articleshow/55167107.cms
Japan is providing financial assistance for the project in the form of a loan of up to 81% of the cost at a nominal interest rate of 0.1% per annum. This loan has to be repaid in 50 years with a 15-year moratorium.

India and Japan have signed an agreement where the Japanese banks will fund Indian projects with 0.1% interest.

More projects with similar interest rate.
https://www.jica.go.jp/india/english/office/topics/press160331_01.html
The ODA loan's conditions are very concessional, i.e. 0.1% of interest rate and 40 years of repayment period (including 10 years of grace period).

 

[Guynextdoor2]

buy buy what ?

i was watching that documentary which reza aslan was in which was about the caste system and aghoris cast system.
how popular are agoris as they see every thing as one?

Your country

 

[Blue Marlin]

Your country

buy our country..........your so cute like a little chiwawa. your country may be bigger but were more powerful.
where there's power, there's money and dont you forget it.

 

[Guynextdoor2]

buy our country..........your so cute like a little chiwawa. your country may be bigger but were more powerful.
where there's power, there's money and dont you forget it.

Exactly what power do you have, except the power of talking loudly of course.

 

[Blue Marlin]

Exactly what power do you have, except the power of talking loudly of course.

what do we not have?

 

[SHAH820]

http://economictimes.indiatimes.com...il-contract-to-japan/articleshow/55167107.cms
Japan is providing financial assistance for the project in the form of a loan of up to 81% of the cost at a nominal interest rate of 0.1% per annum. This loan has to be repaid in 50 years with a 15-year moratorium.

India and Japan have signed an agreement where the Japanese banks will fund Indian projects with 0.1% interest.

More projects with similar interest rate.
https://www.jica.go.jp/india/english/office/topics/press160331_01.html
The ODA loan's conditions are very concessional, i.e. 0.1% of interest rate and 40 years of repayment period (including 10 years of grace period).

good

 

[Guynextdoor2]

what do we not have?

Give me example of what you have, big mouth doesn't count BTW.

 

[AZADPAKISTAN2009]

---All people need water& food
----------People with money buy stuff including water and food
---------------Need Companies for Jobs to generate cash, pay salaries
-------------------Companies need power and infrastructure
---------------------------- Power and Infrastructure , needs capital rasied from various sources
--------------------------------------------Investor are not all friendly need to find a trustable investor
--------------------------------------------------------------------- Once found the chain reaction can start


Once , the issue of Power & Infrastructrue - water / food is resolved , there are healthy amount of companies and businesses which Government can tax and pay its international debt

$$ Generated from Business & economy is recurring revenue so yes you can initially take some debt and then pay it off year by year basis , provided your population figures are kept under control



Pakistani Debt
90,000,000,000 (9 Zeros)

US Debt
20,000,000,000,000 (12 Zeros)

Indian Debt
470,000,000,000 (9 Zeros)

Japan Debt
10,000,000,000,000 (12 Zeros)


So go to sleep

Pakistan to US Ratio 20,000 : 9
Pakistan to Japan 10,000 : 10​