No one wants to lend them Money - Says PM Modi

[Dalit]

meanwhile.. a single Pakistani donated 30 million $ to the Turkish ambassador to the US.

Pakistani living in US contributes $30M to earthquake victims in Türkiye, Syria

2 more relief consignments dispatched to southern Türkiye, says disaster management authority - Anadolu Ajansı

www.aa.com.tr

https://twitter.com/x/status/1624312748724355072

I was about to say. Pakistanis have more trust in Turkiye. Wasn't there a Pakistani who provided support to Ukraine recently?

It should tell us all where Pakistan stands today.

 

[PradoTLC]

Year 2023, list of repayments to be made with the dates will be avilable in 2021 itself- is it not? All finance ministries track repayment schedules for loans and bonds at all times. In fact many actually publish the repayment schedules for all to see.

If july 2023, 20+ billion had to be repaid- many times your typical foreign reserves, what the hell was he doing grand standing in 2021?

PM Imran Khan decides not to seek IMF chief’s help on $6 billion deal

Last week, the government had decided to seek the IMF chief’s intervention to remove barriers to the revival of $6 billion deal. PM Imran Khan has reportedly “dropped” a plan to call the managin

www.pakistantoday.com.pk

BD foresaw a possiblity of risk and got funding in place well before it went out of control. This is how it is done.

Bangladesh approached IMF at the right time

Bangladesh has averted a potential major crisis by reaching out to the International Monetary Fund (IMF) in a timely manner, said Kaushik Basu, a former chief economist of the World Bank.

www.thedailystar.net

More horse shit with out context.


All these loans which khan inherited was as result of time bombs left by Mr Darrr

This was stated by the noon league finance minister Ismail who stated on the eve of elections Pakistan economic back was broken in 2018

Khan saved Pakistan and you Indians with your wired twisted logic are as capable as a tape recorder

 

[indushek]

You cannot compare the likes of TATA, Godrej and others with Adani.

Adani was RSS's money making front.

And as far as business goes, Learn to respect the Parsi community.
no one can match them; in business acumen nor in honesty.

Regards.

Now that is a stretch, gone one too far sir haha.
I wouldn't have minded, even if you mentioned BJP instead of RSS.
I know that RSS with it's nationalistic talk, and few blabber mouths gets lot of flak from many.

However they are far from what people think it is, and having money making fronts, is something not even its ardent critics have said about it till now.

RSS is made up of mostly middle and lower middle class people, and I will not go into its merits or demerits here. All am saying is, it isn't money minded.

Also no I will never compare Tata, Birla and Godrej with likes of Ambani and Adani. The former are reputed and respected, despite others zooming past them in media for a reason. They have been here for so long, and will be here for much much longer time. That doesn't mean new ones shouldn't be welcomed, now will they get same respect in future has to be seen.

Finally, this whole episode is storm in a teacup.
Our local Billo Rani aka pappu (if am allowed to borrow that term haha, at the cost of sounding nasty), trying to look cool is what it is.

 

[Imran Khan]

https://twitter.com/x/status/1624412869864443904

 

[TheSolution]

https://twitter.com/x/status/1624412869864443904

Capitalism?

 

[Sliver]

Within India Pakistan Bangladesh just for 1 race ethnic population we have mini conventional bombs going off almost every 2nd day 7 for what,

so you are saying Pakistan and India are one race one ethnic population ? so why is there a two nation theory?

I am living in Pakistan for last 3 months & already top of my mind I can count over 11 mega bombs have blasted with scores killed. I cannot say for India but I also heard major lapses in Indian Air force crashing 2 state of art Migs last week.

11 bombs in pakistan - comparing to Air force crashes in India - are they comparable?

 

[CriticalThinker02]

Half the land of Pakistan is already owned by ex generals other half well on its way, modi is right only an idiot will give these property dealers who have kept the whole nation as hostage for their own greed any more money.

 

[SEOminati]

Dude,

-If you were able to get loans at lower interest rates, you would have done that already
-if you take new loans with extended terms, you would pay more interest (even if interest % is the same BTW

You are barking up a government for not sorting things out with the IMF in 4 months time.

You want to know what happened? I
-mran Khan spent his career badmouthing IMF because it made him look good in the public
-Imran Khan thought how cool it will be if he actually proved he didn't need the IMF by getting loan from China/ UAE etc. He forgot somehwere that IMF actually had money and IMF actually looked at economy in a clinical way
-He did nothing to improve the economy to a level where it could break free of the loans
-He wasted time until the only ones ready to pay him the money was the lender of last - IMF

But by that time PAk Fauj what a disaster he is bringing on and booted him out hoping against hope that a new goverment will get some control over an increasingly catastrophic situation.



Any economist worth his salt would have told you this 2 years ago-

You need 30+ billion in 2 years time, how are you going to get it? You got only 20 billion in commitments, others will peg this IMF- go to IMF now. Imran Khan should have spent the entire 2021 trying to get 40 billion in place. He should have opened discusisons with all, especially the IMF, renegotiated terms where possible. 2023 is only the last station of a train running fast and unctrolled towards its doom.

You're saying as if we would not be exporting anything during the next 2 years. We were already at 22 billion you idiot.

Stop painting IK as the culprit and enlighten us what the current government was supposed to do instead of whining and crying, please.

 

[epebble]

I read this to mean no IMF funds will be released till the agreement is put into action and starts producing results. 'Trust but Verify'. So, unlikely for any funds to be transferred before middle of next month. We may end up seeing a High-Wire act of SBP balance touching near zero.

Final IMF deal?​

Final IMF deal?

We don’t know exactly what the final agreement with the IMF would entail for the people.

www.dawn.com

 

[PakFactor]

Did Modi extend his 56' back side to give us this breaking news?

 

[Zhukov]

He just spoke for a minute most i cannot understand due to his thick hindi but what i did understood was that his reference was Sri Lanka and Pakistan in clear context of the view that Chinese Loans have drained foreign reserves of our country and Srilanka.
Rest was typical Bulcrap sensationalism of HT and typical indian media outlet.
BTW what kind of hindi these BJP guys speaks?
Why Indians in UAE never speak Hindi like this? Normally its almost 70% 90% similar to our urdu

 

[datafreak]

More horse shit with out context.


All these loans which khan inherited was as result of time bombs left by Mr Darrr

This was stated by the noon league finance minister Ismail who stated on the eve of elections Pakistan economic back was broken in 2018

Khan saved Pakistan and you Indians with your wired twisted logic are as capable as a tape recorder

It doesn't matter if he 'inherited' it or not. Every govt inherits good and bad stuff. The question is, knowing these repayments are coming, what did he do to mobiize funding. And why the hell didn't he go to the IMF then and there?

I'm not pro or against anyone. I'm only asking questions that anyone from a third party perspective will ask. You're trying to secure 30 Billion in 6 months- have you ever heard any country do that in such a short period of time? Even developed countries will find that difficult.

 

[datafreak]

I read this to mean no IMF funds will be released till the agreement is put into action and starts producing results. 'Trust but Verify'. So, unlikely for any funds to be transferred before middle of next month. We may end up seeing a High-Wire act of SBP balance touching near zero.

Final IMF deal?​

Final IMF deal?

We don’t know exactly what the final agreement with the IMF would entail for the people.

www.dawn.com

I don't think it matters now. Too late to avoid a crisis. I hear about 50% of pertol pumps have closed. If Saudi hasn't rushed oil by now ( it doesn't seem to have), it is already game over.

Like SL, IMF will the economy default in preference to putting good money after bad money and watch it vanish.

 

[El Sidd]

LOL A COAS is pleading for money. His hands even tell a tale.

Who made you expert on body language?

I don't think it matters now. Too late to avoid a crisis. I hear about 50% of pertol pumps have closed. If Saudi hasn't rushed oil by now ( it doesn't seem to have), it is already game over.

Like SL, IMF will the economy default in preference to putting good money after bad money and watch it vanish.

It is generous of Indian PM to invite economic refugees from Sri Lanka and Afghanistan and Bangladesh. Indian ambitions to be the food basket of the world are truly lofty as the Himalayas.

 

[datafreak]

Who made you expert on body language?



It is generous of Indian PM to invite economic refugees from Sri Lanka and Afghanistan and Bangladesh. Indian ambitions to be the food basket of the world are truly lofty as the Himalayas.

India provided massive support to SL, Afg wants support and BD doesn't need support. Only Pak pretends like it doesn't need support and isn't getting any because it has irritated everyone