Pakistan is the 4th most likely country in the world to default in 2022

[HydraChess]

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Well, when they say that Pakistan does not send its best and brightest to North America, they are not joking. Imagine, he is the Crème de la crème of Pakistani society. :

Indiot, we know you cannot tolerate development in a Muslim country. lol.

More Indians work in Muslim countries than Pakistani do. We care about money. TYVM.

not surprisingly there are countries that support India, because it is at odds with Pakistan and China.

Ofcourse! It was the other way round in cold war too. Every damn country looks for what is in its interest.

You are a retard aren't you? Did you have a look at the world map?

Do you know how many ships go through Malaca Strait?

We have a right to support and help our country.

"Right". LOL!

 

[Asian.Century]

Even if Pakistan economy defaults, nothing will happen, other than loans will not be given:

 

[Wood]

Even if Pakistan economy defaults, nothing will happen, other than loans will not be given:

This depends on the type of default. In case of an unmanaged chaotic default, the country will not have $ left to buy fuel. No gas at the pump will wreck society immeasurably. No $ means that country cannot import the goods that are needed to manufacture goods that are meant for export. Also think of fertilizer import restrictions which will cause a slowdown of food production.

If the default is managed properly, then the country can stop paying for loans and instead focus on using forex to import essentials needed for food production and manufacturing export goods. In this scenario, the foreign investments will slow down and start ups cannot attract capital from outside. While this is not ideal, it is not as bad as the former scenario.

With Pakistan, I imagine that Saudi would be willing to support the country with oil shipments on differed basis until the economy recovers - regardless of the type of default - if there is ever a default.

Lastly, I believe that Miftah has the situation under control and there will be no default in the near future

 

[Asian.Century]

PTI economy performance, it levied so much taxes who are already giving, failing polices by PTI:

 

[Asian.Century]