Willy wolly
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Aye listen carefully, all the loans taken by India are development loans that are paid back in full without any default since our tax collection is sufficient enough and our forex reserves too assure a guarantee.Ok, so you started off replying to this thread with "How did India even came in your mind?? Are you mad? What slap?" and now you're showing a typical bharati obsession with Pakistan. Hypocrite much.
With regards to you post, most countries need loans at some point to avoid adverse situations. US, whole bunch of European countries. So not sure what point you are making here. Second, can you give me examples of when we've gone to a country for a loan and they refused?
As for India not having much loans from the likes of IMF, etc, this might confound you: http://www.firstpost.com/world/indi...for-70-years-says-lending-report-2581900.html
You said you pay back debt within the default limit? Can you tell me when Pakistan has not? Do you know what it's called when you do not pay back loans on time?
now how come you have not been defaulted? You people payback debts by taking more loans and that's how you have not defaulted but have accumulated a huge debt of $75 billion? your country doesnt generate much money and your tax collection too is very less and your reserves are falling too....so when you come out of this cycle we will talk, we payback our loans and debts with our earned money that we generate ourselves......
https://www.pakistantoday.com.pk/2017/10/29/pakistan-on-the-brink-of-economic-catastrophe/
http://www.valuewalk.com/2017/07/pakistan-economy-crisis/
and i visited the link and found that India always pays back the money that was granted and pays back the amount by exchanging currencies and without touching our reserves lol
can you give me link for all the above mentioned facts i would like to look from which angle your reserves are going up and debts going down?Sri Indians are very much concerned about Pakistan's economy but India's own economy is sucked into a spiral of disaster. Pakistan's economy is doing great. It is progressing the FDI of Pakistan is increasing the foreign reserves are up trending and CPEC has made the economy optimistic. FTA between China and Pakistan will provide Pakistan to direct access to Chinese markets and FTA between Pakistan and Iran and FTA between Pakistan and Turkey these all are rising stars for Pakistan's economy. Where as Indian economy has no new innovations to attract a new moral and glooming media campaign about Indian economy is over shadowed by the large death by starvation and trade unions and labor class running out of options to support their lively hood.