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

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debt is not Pakistan issue right now, its current account crisis
however, its important to remeber debt was a big issue in 1998, it was Musharraf who restructured everything and doubled the economy but since he has left debt has risen from 55% to 74%..so if the current trend continue it will be an issue again..
interesting fact is that there still exist a law limiting debt to 60% but both parties have conveniently ignored it

if someone tells me what are four things that PML N had done that would have resolved most issues between 2013-2018
1. keeping rupee at its real value
2. FBR reforms, and allowing 600 billion rupees stuck in refunds to textile industry
3. ease of doing business(rank fell from 99 to 148)
4. power sector reforms, lack of reforms means high power prices, why is it that we make power at 10rs and sell at 16rs?, and no stealing doesnt explain this...
 
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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.

Got copies of the contracts that you created to verify the above statement?
 
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Why not every country is running on loans and Pakistan has the least worry about it.

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

Far more interest? Have you even bothered to check the credit rating of the two countries?
 
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First of all debt is not good just keep thing straight ...
Either way debt isn’t good.

It depends on what the debt is for. If you have a genuine billion dollar tech startup idea, then taking out a million dollars to fund it is not a bad thing.

Pakistan's CPEC "debt" is entirely earmarked for infrastructure, power and port facilities with a solid economic plan of linking a massive landlocked region and making it economically reliant on us. Pak didn't take out $60 billion to fund a foreign war or build a flashy skyline or prop up a loss making state.

Yes, there is a lot of mismanagement of assets and corruption, but CPEC is not an example of this.
 
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It depends on what the debt is for. If you have a genuine billion dollar tech startup idea, then taking out a million dollars to fund it is not a bad thing.

Pakistan's CPEC "debt" is entirely earmarked for infrastructure, power and port facilities with a solid economic plan of linking a massive landlocked region and making it economically reliant on us. Pak didn't take out $60 billion to fund a foreign war or build a flashy skyline or prop up a loss making state.

Yes, there is a lot of mismanagement of assets and corruption, but CPEC is not an example of this.
I am not going into complexities and also not talking about cpec specific loan ... But loan is disasterous specially if you do not have funds to repay it ... I am talking about current situation and not about what is going to happen in future ... Cpec is just an opportunity not a firm contract to increase exports ...

Our only way out is to increase exports and reduce import only then our loan can be manegable right now we are in debt trap where to service old loans we require new one hence our income is not enough to sustain repayments
 
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ECONOMIC COLONIZATION
This could happen yo us if we let the Chinese have their way with us.
 
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@UnitedPak

Pakistan's CPEC "debt" is entirely earmarked for infrastructure, power and port facilities with a solid economic plan of linking a massive landlocked region and making it economically reliant on us. Pak didn't take out $60 billion to fund a foreign war or build a flashy skyline or prop up a loss making state.

That's a very good way of describing the situation. The economic growth and export revenue that CPEC will foster, will pay back the debt- that anyway has to be paid over 30 years.

Regards
 
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