No Debt burden on Pakistan. Pakistani debt the most soft in the world.

[The Accountant]

Debt is a problem because media is saying. Pakistan can pay back much higher debts if country is run by good governance. Every country makes development on debt. Pakistani debt is payable in 30 years to China. That is not a problem the problem is debt which PMLN took from other institutes.

Sir this is not about ... If Pakistani economy improves then debt repayment will not be an issue but this is a big IF and we are raising this issue so that focus remains on improving economy however, currently situation is bad

 

[313ghazi]

Shortage of resources ...

I think it's mindset too. People need to be encouraged and shown the way to become industrial on a big scale. We have very little setup to incubate SME's and we don't have anything setup to turn successful SME's into national or multinational players.

The talent is there, the funds can be found, but having the path laid out for you, that's the hard part.

 

[BHarwana]

Sir this is not about ... If Pakistani economy improves then debt repayment will not be an issue but this is a big IF and we are raising this issue so that focus remains on improving economy however, currently situation is bad

Bhai issue is already raised by US paid media you don't need to add to it USA is more concerned about Pakistan debt than you and me. The problem is that Chinese loans were fine for Pakistan but the other loans which PMLN took to make metro were not good.

 

[POPEYE-Sailor]

it has been 71 years still we are in debt, Now justice should be done with pakistan, catch those big fishes who put in this situation ...!!!

 

[LeGenD]

Well every country is running on loans yes, but they also have much better economies, better taxation, and more capable people to run their countries than Pakistan does. Like just because USA has more debt than Pakistan doesn’t mean Pakistan is a better country.

American debt is tremendously misunderstood. Much of its debt is due to the fact that you can buy its Treasury securities (bonds; bills; vice versa). In this manner, you become the investor (shareholder) and contribute to liquidity there. This is a mode of financing in other words.

FYI: https://www.thebalance.com/who-owns-the-u-s-national-debt-3306124

Have you guys studied Financial Accounting and the concept of shares?

Assets = Liabilities + Shareholder's Equity

US doesn't take loans from other countries to finance its development projects and manage its balance of payments like Pakistan, and developing countries in general.

American debt is of entirely different nature in short, and much of it is internal.

 

[The Accountant]

I think it's mindset too. People need to be encouraged and shown the way to become industrial on a big scale. We have very little setup to incubate SME's and we don't have anything setup to turn successful SME's into national or multinational players.

The talent is there, the funds can be found, but having the path laid out for you, that's the hard part.

Agreed but mindset is due to circumtances ... I have capital and ideas for small business but can i afford to quiet my job for business ... Do we have jobless allowance ? So to make sure my regular financial needs do not get suffered i canot take risk specially if i have a lucrative job ... So i have skills resources but cant take the risk ...

Bhai issue is already raised by US paid media you don't need to add to it USA is more concerned about Pakistan debt than you and me. The problem is that Chinese loans were fine for Pakistan but the other loans which PMLN took to make metro were not good.

Brother issue is with every non productive loan ... E.g. loan for ipp coal power plant is fine but loan for metro is not as metro will not generate income for repayment ...

 

[LeGenD]

Pakistan has enough resources to pay that debt we have open market access to China. Plus Chinese companies are racing into Pakistan. Every day 2 to 3 multinational companies are stepping into Pakistan. 30 years is a very easy time period and a better reformed govt is in place. Pakistan will be the fastest emerging market in the world. New statement issued by China is to fast track CPEC and complete all projects in far less time. It will be made public any time today.

Foreign investment is welcome but Pakistan needs to revitalize and safeguard its domestic production at any cost. Otherwise, gap between imports and exports will continue to widen and Pakistan will not get out of debt trap.

Pakistan also need to make sure that MNC and/or foreign companies create jobs for locals.

 

[haidian]

During the mid 1960s- late 1970s China didn't owe any debt to any country, absolutely zero debt.

 

[SorryNotSorry]

Pakistan has enough resources to pay that debt we have open market access to China. Plus Chinese companies are racing into Pakistan. Every day 2 to 3 multinational companies are stepping into Pakistan. 30 years is a very easy time period and a better reformed govt is in place. Pakistan will be the fastest emerging market in the world. New statement issued by China is to fast track CPEC and complete all projects in far less time. It will be made public any time today.

Listen to yourself buddy. In what world will Chinese companies flooding the market help the Pakistani economy? Pakistan needs Pakistani companies.

 

[FuturePAF]

Plus Pakistan doesn’t really have anyway to pay those loans. Exports of Pakistan are low value commodities such as clothing and rice. Clothing and rice and such aren’t suitable exports for a country of 220 million people

Value added agriculture is the way to go, it was even outlined in the CPEC plans.
Modern Agricultural methods and machinery to increase yields and selling to China as organic, natural, and safe food stuffs.

 

[Pakistani Aircraft]

Either way debt isn’t good.

This has been the accepted worldwide economic system for decades.

 

[SunilM]

https://twitter.com/x/status/1024872538105700352

View attachment 490000

What utter bullshit!!. China has Lent around 7 billion as short term loans to keep forex reserves stable. These are much more expensive than loans given by IMF/World Bank/ADB. As far as the major component of CPEC till now is concerned i.e power plants , they are based on ROE/ROI which is around 30% and the most expensive in the world. What he is talking about is loans for Orange Line Metro train, which was given on concessional terms. If others were given on such term, the documentation would have been shared in public and the Chinese would have the bragging rights on the same.

 

[The Accountant]

This has been the accepted worldwide economic system for decades.

And world has never witnessed such drastic unjistice in wealth distribution and economic slavery ...

 

[Qutb-ud-din Aybak]

Plus Pakistan doesn’t really have anyway to pay those loans. Exports of Pakistan are low value commodities such as clothing and rice. Clothing and rice and such aren’t suitable exports for a country of 220 million people

our exports are increasing and we are using g the loans to increase them even more.
investment in infrastructure as part of CPEC and other projects will help us make our economy stronger and help it grow at a good rate.

 

[Shamsher1990]

Lol this is a reality check for India who debt is far more and for far more interest and far less time period.

Do you know what is the nature of most of 'debt' of India? Or who owes that debt?