Pakistan to pay back $100 bn to China by 2024

[Zen0]

Pakistani GDP is just 300 billion, that's like asking a 3rd of its economy . RIP Pakistani rupee

 

[H!TchHiker]

Pakistani GDP is just 300 billion, that's like asking a 3rd of its economy . RIP Pakistani rupee

Another indian , another ignorant ...Do you care to read ?Indians used to be good mathematicians/economist ..What happened now ?

 

[Bharat Muslim]

I wonder when will India finish paying its $485 billion external debt?

Serious question. When did India take this loan? I don't have much GK. Hence asking you.

 

[ashok321]

I wonder when will India finish paying its $485 billion external debt?

Its swelling with the time.
When the time comes to pay, they have already borrowed more!

India is not a creditor nation.
Tiny Malaysia is.

 

[Flash_Ninja]

The numbers don't add up to any rational interest rate. Going by the numbers in the article, the annual interest rate for 10 years comes out to be 18.7%.That is absurd by any metric.

A typical commercial borrowing for Pakistan would be ~8% p.a., which would imply that Pakistan pays back $44 billion by 2024, assuming a 10 year loan.

What original value are you basing this on? there are also loans taken for other purposes and non-cpec related projects.

 

[Didact]

What original value are you basing this on? there are also loans taken for other purposes and non-cpec related projects.

The values in the stupid article. I wasn't trying to analyze anything. Was just pointing out the absurdity of the article.

 

[defence_analyst]

How will Pakistan a 250Bn GDP pay a 100bn. of installments? Sri Lanka has to lease their sea & air port + 1000s of acres of land from poor farmers just for a few billions. What will Pakistan lease to China?

Pakistan GDP is already over $300b.

 

[salarsikander]

If dwellers of Indus can open a thread about predicament of Indian economy then it's incumbent upon us to open the eyes of westside benders.

Lol. Which is why gangoos will always remain in deep shit, owing to their mentality and lack of availability of toilets

 

[Muhammad Omar]

But But But Pakistan will be a Failed State
But but Pakistan is Bankrupt
but but through CPEC China taking over Pakistan
but but CPEC is East India Company
But but CPEC is through Azad Kashmir
but but you have to pay them back
but but it's Loan

telling you Even if we gonna pay them the repayment time is gonna me more then 20 years which is 2037 as projects are on BOOT basis (Build Operate Own and Transfer)
so keep you ranting yourself