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

Corruptistan

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Of course with the IMF loan a default is now unlikely but it just shows how bad the situation is.

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Lanat on Pakistani generals who have brought this country to it's knees. Some here still claim IK was incompetent, yet they will overlook all the other parties, and our Army which is responsible for the pathetic state of this country.
 
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Acquiring loans to pay off loans is a sure recipe for default. It's just a ticking time bomb.
..this is how most countries pay off loans. Rolling credit is not new :agree:
 
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We should ask China to help Pakistan develop its economy.


China should help Pakistan help its self.
CPEC?

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Of course with the IMF loan a default is now unlikely but it just shows how bad the situation is.

Thanks to the khassi generals of ours.
Why Bahrain?
 
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Paksitan could ask China for help. But reportedly China has charged very high interest for 2.3 billions recently given. Guess this option is no longer feasible.
From what I've read, it appears that the interest rate is not public knowledge. It may be low or high 🤨
 
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