Pakistan needs to repay $3.7bn debt by June: Fitch

[SoulSpokesman]

@Dalit bro What will PDM export to boost revenue?

They will keep exporting what they have exported in the past. Keep getting remittances. Stop stealing money (a big ask admittedly for the Imported crooks). Stop unnecessary imports. Stop paying interest and principal.

Regards

 

[Dalit]

@Dalit bro What will PDM export to boost revenue?

They will keep exporting what they have exported in the past. Keep getting remittances. Stop stealing money (a big ask admittedly for the Imported crooks). Stop unnecessary imports. Stop paying interest and principal.

Regards

This is just survival. Pakistan needs more than just survival.

 

[Imran Khan]

This is bare minimum. What these crooks need are investments from overseas Pakistanis. That isn't happening anytime soon.

per yehi pesa payments default nhi hony de rahy

 

[maithil]

@Dalit bro

@maithil bro is right. The Chinese- and others- will have to roll over their debt or risk a fat provision on their Balance sheets. No need for Pak citizens or govt to worry. It is for the hapless lenders to Pak to have sleepless nights.

What Pak needs to bother is how to boost remittances and exports to ensure that CAD remains equal to 0.

Regards

They have achieved Current Account Surplus last month by decimating imports. This has however resulted in imported hyper inflation and closure of industries leading to reduced exports. How long can they sustain this scorched earth policy is the key question. Every such month will do permanent damage to economy.

 

[Dalit]

per yehi pesa payments default nhi hony de rahy

For how long is the question.

 

[Imran Khan]

For how long is the question.

they have very long experience to do it . half of our history

 

[Samurai_assassin]

Pak Generals are the biggest slaves to their white European masters.

 

[maithil]

https://twitter.com/x/status/1655203663025930240

 

[S.Y.A]

This is bare minimum. What these crooks need are investments from overseas Pakistanis. That isn't happening anytime soon.

and where will they invest? properties? an extremely unproductive sector of our economy. are there any other projects?

 

[Jazzbot]

Relax, Gen Whiskey will fart out $4bn easily in one go and save us from this crisis.

 

[ACE OF HEARTS]

In 2005:

Farmers and army locked in dispute over ownership of agricultural land

Farmers of Okara, embroiled in a bitter row with the army over agricultural land ownership, said yesterday that soldiers were not allowing them to harvest the wheat crop in an attempt to force them to sign "an unjust" contract deal.

gulfnews.com

In 2023:

Corporate farming: Punjab BoR asked to hand over 45,267 acres of state land to army

ISLAMABAD: The General Headquarters Lands Directorate has asked the Board of Revenue, Punjab to handover state lands...

www.brecorder.com

The SERVANTS OF THE PEOPLE have the money and power to order / capture by force, 1000s of acres of PRIME / HIGH VALUE agricultural land and later develop it to be given to their OWN officers, during service and after post retirement.

BUT
THEY DONT HAVE THE MONEY TO HELP PAKISTAN IN REPAYING FOREIGN LOANS?

 

[SoulSpokesman]

@ACE OF HEARTS

The ruling elite own a lot of land for sure but that would not be helpful in paying off foreign loans, unless they are willing to sell that land to foreign investors.

Regards

 

[Kuru]

Yeh toh bahot bura ho rha hai Pakistan ke sath
Ab kya hoga Pakistan ka, I’m really worried.

 

[SD 10]

Pakistan needs to default! best possible outcome! And rebuild!