Pakistan secures $8bn package from Saudi Arabia

[khansaheeb]

Why can't we get cheaper oil from Russia?

 

[AZ1]

Why can't we get cheaper oil from Russia?

because we will be able to save around $6.5 billion yearly and out of IMF.

 

[maithil]

Looks like MBS has not forgotten what Sharif family did when they requested help in their Yemen war. Using parliament as an excuse. Asking 3 billion back is like a kick in teeth for Showbaaz he so richly deserves.

 

[Wood]

and yet someone else is speculting that showbazz is not amreeki choice they wanted billio raani to be crowned and made the queen

1) What about what the Chinese want? The Chinese do not want Pakistan to default on their debt obligations. This is against the Chinese self interest as well.
2) Have the Saudi made any specific demands from Pakistan? The Saudi - Pakistan relationship likely has a security dimension to it that is beyond just US or China.

because we will be able to save around $6.5 billion yearly and out of IMF.

View attachment 841503

Such moves are likely to upset Saudi's economic interest. Pakistan cannot completely switch to Russian oil. Only a fraction of the imports can at best be made from Russia to maintain an essential equipoise. The cost of transport from Russia to Pakistan should be accounted for. It is also not prudent to assume that Russia will be offering oil for discount next year and the year after. We cannot predict that with any confidence.

 

[ziaulislam]

https://twitter.com/x/status/1522537127552204801

Ok this is going to be market panic reaction
This was suppose to be returned next yr

1) What about what the Chinese want? The Chinese do not want Pakistan to default on their debt obligations. This is against the Chinese self interest as well.
2) Have the Saudi made any specific demands from Pakistan? The Saudi - Pakistan relationship likely has a security dimension to it that is beyond just US or China.


Such moves are likely to upset Saudi's economic interest. Pakistan cannot completely switch to Russian oil. Only a fraction of the imports can at best be made from Russia to maintain an essential equipoise. The cost of transport from Russia to Pakistan should be accounted for. It is also not prudent to assume that Russia will be offering oil for discount next year and the year after. We cannot predict that with any confidence.

Chinese dont like "khata hey tu lagata be hey" rheotic

Pakistan is spoiled kid
Sooner or later everyone will bail out

IK was also acting spolied but not increasing oil prices and reducing demand

Why can't we get cheaper oil from Russia?

Because we r plugged in USA financial systrm
You dont want decrease in exports earning

 

[Wood]

Chinese dont like "khata hey tu lagata be hey" rheotic

Pakistan is spoiled kid
Sooner or later everyone will bail out

IK was also acting spolied but not increasing oil prices and reducing demand

From a Chinese perspective, I would think that Pakistan is too big to fail. They have sunk a lot of economic and political capital in Pakistan, perhaps more than they have done for any other country. There are core security interests at play. If Saudi plant to switch from US to China, I don't think that necessarily changes the advantage that Pakistan has in the triparty relationship.

 

[doorstar]

Why can't we get cheaper oil from Russia?

no infrastructure

Pakistan cannot completely switch to Russian oil. Only a fraction of the imports can at best be made from Russia to maintain an essential equipoise. The cost of transport from Russia to Pakistan should be accounted for.

it is possible if surrendra teli was to decide to help and supply the pandit clan -- currently in-charge in Pakistan-- refined petroleum products

1) What about what the Chinese want? The Chinese do not want Pakistan to default on their debt obligations. This is against the Chinese self interest as well.
2) Have the Saudi made any specific demands from Pakistan? The Saudi - Pakistan relationship likely has a security dimension to it that is beyond just US or China.

it is said that china has so much dollars that it does not know what to do with them and also that Amreeka can turn them into toilet paper anytime it chooses.

china was asked for backing prior to supreme court doing its magic against PM khan. chinese refused to upset amreeka any more than it already is. however they are committed to staying in Ladakh to prevent any bharati advance towards GB and Azad kashmir.

re: the saudis, I do not have any knowledge

 

[ghazi52]

.,.,

 

[ziaulislam]

no infrastructure

it is possible if surrendra teli was to decide to help and supply the pandit clan -- currently in-charge in Pakistan-- refined petroleum products

it is said that china has so much dollars that it does not know what to do with them and also that Amreeka can turn them into toilet paper anytime it chooses.

china was asked for backing prior to supreme court doing its magic against PM khan. chinese refused to upset amreeka any more than it already is. however they are committed to staying in Ladakh to prevent any bharati advance towards GB and Azad kashmir.

re: the saudis, I do not have any knowledge

Dont insult the chinese

Basically people of punjab elite like PMLN
USA may like them but chinese dont get balckmailed like this
Total BS

 

[War Thunder]

From a Chinese perspective, I would think that Pakistan is too big to fail. They have sunk a lot of economic and political capital in Pakistan, perhaps more than they have done for any other country. There are core security interests at play. If Saudi plant to switch from US to China, I don't think that necessarily changes the advantage that Pakistan has in the triparty relationship.

No one wants Pakistan to fail, nor a country like Pakistan can fail.
The powers that wish to control the world, simply don't want Pakistan to grow in power to be a threat to a certain nation that was imported and established in the Middle East.
So anything and anyone who try to take Pakistan forward and into a better future are removed through local facilitators.

 

[Chak Bamu]

Oh I completely agree with the middle portion of your post. I was referring to earlier criticism of you and some of your friends classifying PTIs loans, facilities from SA, Qatar, USE and China as begging etc. And now within a month PMLN is trying to extend the same facilities and loans started by PTI and IK. My point is : its not begging. But probably you have been vocally calling these in PTIs time as begging.

Regarding rhetoric not matching actions - well we all are guilty of it at some level. And political parties have always exaggerated in slogans etc. We have examples of roti kapra makan from PPP, SS ending load shedding in 6 months and dragging AZ in streets etc, and even Obama calling end to Guantanamo bay etc. All of them have made and broken promises.

IK has said so many contradictory things & taken so many contradictory actions that one can not hope to keep up with it all. If I ever said anything, it would be for poking a bit of fun - easiest thing to do.

BTW, politicians are allowed to reconsider their opinions and change their stances. It is because they are pragmatic people who need to put a respectable face on their actions to make it seem as though they are pursuing principles. Its just that their hypocrisy sometimes gets too much, especially when they pretend to be all knowing & holier-than-thou saints. Nothing wrong with calling them out when they do so. This is how one gets to separate politicians & statesmen. A statesman would make fewer & fewer such errors over time & get to a point where their words are taken seriously. IK is no statesman. He is a clown & it is OK to make fun of him for it.

 

[Chak Bamu]

Dont insult the chinese

Basically people of punjab elite like PMLN
USA may like them but chinese dont get balckmailed like this
Total BS

Elite has the same vote as a poor man. Also, Punjab is not a place where elite can compel poor people to vote a certain way. You need to update your opinions a bit. You sound so much like a caricature when you pontificate on politics & economy & dispense counter-factual & counter-intuitive opinions.

If only elites voted for PML-N, it would never be more than a political party on the right-wing fringe.

I am not saying anything about Elite-capture of resources. That is where all the major political parties are compromised severely & to the detriment of Pakistan & its poor. That is another topic.

 

[ziaulislam]

No one wants Pakistan to fail, nor a country like Pakistan can fail.
The powers that wish to control the world, simply don't want Pakistan to grow in power to be a threat to a certain nation that was imported and established in the Middle East.
So anything and anyone who try to take Pakistan forward and into a better future are removed through local facilitators.

True
Why kill the goose which lays the golden egg