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New logic of Ishaq Dar about new loans

HAIDER

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When question raised about new loans and over burden of loans to Ishaq today, during budget session . He replied we have no choice, we need loan for CPEC. But, member replied CPEC is financed by China.
After, this year burden of loans will exceed lot over 38 billion.
His qualification is Chuna Mandi lahore ka Munshi. Hardly any education in finance field
 
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As much as I dislike Dar-ling, he is right on the money here. Debt taken to upgrade infrastructure and further social programmes are worth taking on.
 
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Truth is coming out about CPEC now....Pakistan is taking loan for China

Yeah, you better be happy on this that CPEC is a loan :D :D :D

Ishaq dar stated "loans to complete projects related to CPEC" like powerplants in which 80% will be invested under CPEC by China and the rest 20% by Pakistan for which Pakistan took loans.
 
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And that too he said as an excuse, but explaining it to them wont be much help so lets leave it at that!

Excuses, explanations or justifications, it does not matter. What matters are repayment schedules of interests and principals in the future. But who cares about that in the present?
 
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Taking loan from Rothschild very good infact these are the real agents of rothchilds

Isha dart is the zardari of 2016
 
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When question raised about new loans and over burden of loans to Ishaq today, during budget session . He replied we have no choice, we need loan for CPEC. But, member replied CPEC is financed by China.
After, this year burden of loans will exceed lot over 38 billion.
His qualification is Chuna Mandi lahore ka Munshi. Hardly any education in finance field
My friend if you had read the news of CPEC on the first day you may not have opened this thread.

CPEC is not entirely financed by China. They make contributions of 50-85% for the project rest we have to invest from our own pocket. They want to co-finance and not own the project in its entirety
 
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Pakistani industrial and economic policy is a complete flop and intended only as a band aid effect..Pakistan has failed to capitalize on its close position to middle east (a major export and consumer market) to build high quality export oriented industries instead we are pimping our location advantage to China which will build a corridor to have shortest route of export for its own manufacturing..stamping our future of Pakistani industry forever... in exports or in local industry both.

Then Pakistan does not have manufacturer friendly policies like Dubai style free zone which means manufacturers are paying heavily on import of raw materials and therefore cannot compete in international export markets. Traders and manufacturers are honked with the same stick of import duties and sales taxes..making manufacturing less competitive...
 
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