Pak plans to seek USD 15 bn in new loans to pay external public debt

[Yaseen1]

i think this govt has entered in trap of israel who want protests to breakout in Pakistan just they are happening in u.s

 

[El Sidd]

PM has only rich friends.

 

[SHAH BAAZ]

it seems like The Respected high ranking Military officers have gotten used to lavish lifestyles and have let the love of materialistic lifestyle dictate our Islamic Roots.

Otherwise, this shit wouldnt be happenning in Pakistan.

 

[drumstick]

music to my ears, with each billion of mounting debt pakistan loose its credibility in the world and its reputation goes down the drain. this must continue for another 2 to 3 years to really bring the avalanche of economic disaster.

talking about reputation and credibility .... its already gone to say the least, no one cares what pakistanis are doing and even their head of state shouts from UN and literally no one cares.... you want to know the reason?

alll delusional pricks here must stop comparing pakistan with Bangladesh... they need to start comparing with zimbabwe and sudan (even they may be better than pak).

and at such a economic situation the army chief want his salary to be raised by whooping 20%..... pathetic to say the least

 

[SHAH BAAZ]

That's ok. We care about how pathetic your economy gets.

Alright if its from you I will accept it because youre a Muslim brother who is afraid that you will get persecuted in india sooner or later so you keep an eye on Pakistan to move in once shit hits the fan.

 

[Mrc]

By the way check source of the news

 

[Turingsage]

27Billion will be spent to pay off old loans and we still have 86Billion left. We are so trapped, no matter how much we borrow, our debt is getting higher.

He promised no more loans. He lied. He said he will get non-taxpayers to pay taxes and the finances will come right. IN FACT TAX NOW COLLECTED IS MUCH LOWER THAN NAWAZ government. Worse still Pakistan has just asked IMF can it reduce its tax collection EVEN FURTHER . He lied
He promised to bring back billions within weeks to make Pakistan a land of plenty . He lied. He lied when he said that the worlds unemplyed would be beating a path to Pakistan to find jobs.

i think instead of going to imf we should take loan equal to our debt remaining to imf from china and once for all pay all debt of imf taken by previous govt and come out of past

You have been informed at least a 1000 times by hundreds of experts that CHINESE LOANS COST MUCH MORE THAN IMF LOANS. They also manipulate the payment periods and demand sovereign guarantees. They also ask for a political price that usually remains unspoken.

i think this govt has entered in trap of israel who want protests to breakout in Pakistan just they are happening in u.s

EVERY PAKSTANI is the same. They all want money . They Plead they need the money. They curse you and call you Zionists blood suckers if they are denied loans. They borrow money . Then they blame the world for lending them money. They claim they NEVER needed the money in the first place and within minutes they ask nay plead they be given more money.

 

[nahtanbob]

27Billion will be spent to pay off old loans and we still have 86Billion left. We are so trapped, no matter how much we borrow, our debt is getting higher. Nobody has solution to this. Pti was blaming PML N for taking loans and now they are in the same position.

you live beyond your means and you blame your politicians

He promised no more loans. He lied. He said he will get non-taxpayers to pay taxes and the finances will come right. IN FACT TAX NOW COLLECTED IS MUCH LOWER THAN NAWAZ government. Worse still Pakistan has just asked IMF can it reduce its tax collection EVEN FURTHER . He lied
He promised to bring back billions within weeks to make Pakistan a land of plenty . He lied. He lied when he said that the worlds unemplyed would be beating a path to Pakistan to find jobs.

what do politicians do ?

 

[Cliftonite]

Pakistan tera tou khuda hi hafiz hai. How politicians have ruined my beautiful country!

 

[volatile]

The poor management of money continues with Raza Baqir proving his worth to his masters .Firstly by keeping 13 Percent Kibor destroyed Agriculture ,LSM negative now 15 Billion in Loans .This man will pack his bag as soon as his agenda of destroying Pakistan is over

 

[SoulSpokesman]

No country- Pakistan or otherwise- ever repays its debt. Principal installments of older loans are replaced by fresh borrowings.

Regards

 

[Fireurimagination]

Not just Pakistan each and every government will have to borrow and take on debts because of what Covid-19 has done to the economy. The lockdowns come at a crazy cost.

 

[dbc]

i think instead of going to imf we should take loan equal to our debt remaining to imf from china and once for all pay all debt of imf taken by previous govt and come out of past

Why would China give Pakistan 86 billion dollars?

 

[Yaseen1]

it will help to ensure security of cpec and will increase chinese influence in region and decrease western influence

Why would China give Pakistan 86 billion dollars?

 

[blueazure]

i pray to god this is fake news, other wise , get ready to be screwed double time


PTI has now officially sold us to the devil.


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currency devaluation = check

raise tarriffs, = check

increase tarriffs = check

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im looking at social anarchy and chaos down the road .


it time people now come out and demand an end to this madness