Pakistan to pay China $40 billion in 20 years

[Max]

Not a problem, we will get cheap coal enegy and economy will also grow in 20 years. its not repayment of loan, its return on investment. heard Saudis want to buy 2 Chinese build Power Plant, Maybe UAE too. Qatar is already partner in Port Qasim Plant.

 

[Mage]

around 2025 when bangla economy overtakes pakistan

Why 2025? After recent devaluation of PKR, it is possible that Bangladesh now has a bigger economy than Pakistan. Per capita of Bangladesh overtook Pakistan's one and half years ago and it was widely reported by economist, by Pakistani media and by Bangladeshi media. Also considering the difference in growth rate of the two countries, there is absolutely no reason to wait till 2025 to overtake Pakistan economy. Likely that it has overtaken or will overtake within a year.

And please keep Bangladesh away from ummah politics. We don't want our country to become Bangladaesh.

 

[Max]

Why 2025? After recent devaluation of PKR, it is possible that Bangladesh now has a bigger economy than Pakistan. Per capita of Bangladesh overtook Pakistan's one and half years ago and it was widely reported by economist, by Pakistani media and by Bangladeshi media. Also considering the difference in growth rate of the two countries, there is absolutely no reason to wait till 2025 to overtake Pakistan economy. Likely that it has overtaken or will overtake within a year.

And please keep Bangladesh away from ummah politics. We don't want our country to become Bangladaesh.

Bangladesh will also leave shupa powa behind if they control the law and order and dont poke nose in regional war like Rohingya etc.

 

[Jaanbaz]

Your concern is noted Indian. No not really, kindly piss off back to Indian forum and celebrate if you think Pakistan is doomed. This obsession with Pakistan is quite disturbing and hilarious at the same time.

 

[maithil]

Whats point always pakistanis talking about undocumented economy..this shows incompetence of entire pakistani system.n if unaccounted then its of no use..its not in dollars.
Side note. Will bangladesh help pakistan with dollars in around 2025 when bangla economy overtakes pakistan...will u be the new ummah helping hand

May be much earlier the way PKR is depreciating. Per Capita wise Bangladesh is already ahead.

 

[Chakar The Great]

Shouldn't be a problem at all.

 

[xyxmt]

More than 40 % return on investment by way of loans and dividends. Thats the truth!! Yeah, China is following the theme of merchant of Venice and seeks to extract its pound of flesh.

Did you use Hindu arithmetic to calculate this percentage, please explain how you came up with this 40% number.

@SunilM still waiting for details of your arithmetic

 

[Imran Khan]

20 years lolllzzzz

 

[Mage]

20 years lolllzzzz

Bhai these long term loans if taken too much harms your progress long term. Your current economic woes are caused by loans taken in last twenty years by Nawaz, Zardari and others. It may give short term comfort but it's like taking a drug. When it runs out yoully start feeling the withdrawal symptoms. And the way is to take the drug again.

It is not much of an issue if your economy keeps growing. But imagine 2 bn going out of the country every year for 20 years. 40 bn is a lot for a economy worth 300 bn. And you have to outgrow that. But it will take 2-3 years to stabilise your economy and control inflation. Of 2-3 years taken out you will have less time to grow and the loan repayment will put pressure on you.

 

[PAKISTANFOREVER]

Everyone here has missed the big point including the author of the OP. With the TOT of advanced weapons systems and civilian technology; the massive world class infrastructure & industrial projects happening en-mass all over Pakistan now thanks to CPEC; Pakistan's economy is all but set to increase exponentially after about 5-10 years. We are now gearing up for this. In 20 years time, paying back $40 billion or whatever the REAL figure may be, will not only be a mere formality for Pakistan but will be relatively easy for us. This will become more pronounced as Pakistan's economy becomes more integrated with that of China. There is a REASON WHY China is one of ONLY 2 global superpowers and other nations are not. There is a REASON WHY China has already invested in at least $65 billion in Pakistan with many more billions earmarked for further investment in the coming years and decades. The Chinese global superpower knows what it is doing..............................There is a REASON why a high-ranking Chinese military official once told the americans that Pakistan is to China what israel is to america...........:

https://www.aljazeera.com/indepth/features/2010/10/20101028135728235512.html

 

[Trango Towers]

First, do some research to understand how many projects are built with 30 % and above ROI in mind and then we will take this further. Come on now, do your research.

Lol..changing the goal post again...indian thing

You said its 40 percent and not even pozy scheme did that.
You mistakes

1. Basic maths tell you its nit 40 %
2. Its over 20 years so whats that per annum
3. Whenever someone says this the rate of return its always annual even for a ponzy scheme.

When you dont understand something dont be an Indian and bullshit your way through.
Over all figures are 26 billion+ and 40 billion return after 20 years.

Now go do the maths on tejas, arjunk and rafael. But the way you do maths a job for u in india is waiting as the finance minister

 

[Qutb-ud-din Aybak]

More than 40 % return on investment by way of loans and dividends. Thats the truth!! Yeah, China is following the theme of merchant of Venice and seeks to extract its pound of flesh.

benifits of these projects are 10 times more.

 

[denel]

benifits of these projects are 10 times more.

Yes true but every country needs to be mindful that there needs to be a fund set aside for repayment but not to kick the proverbial bucket down the road. If that is kept in mind, one does not want to land up like Argentina.

 

[Maxpane]

$40 billion CPEC liabilities: Planning Ministry responds to media report
26 Dec, 2018

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ISLAMABAD - Ministry of Planning and Development has rejected a news report repayment of China-Pakistan Economic Corridor project debt and liabilities.

READ MORE:Panama JIT, Fake Accounts JIT are case studies on how states fail: PM Imran Khan
A statement issued by Ministry said on Wednesday that the news report is based on incorrect information and biased analysis.

The Ministry clarified that CPEC is a flagship project of Belt and Road Initiative and to date, 22 projects are at various stages of implementation and government financial liability is only to the tune of 6 billion US dollars comprising of low interest loans and grants in infrastructure projects spread over 20 to 25 years payback period.


READ MORE:143rd anniversary of the Founder of Pakistan Muhammad Ali Jinnah being observed today
The official said giving the impression of 40 Billion dollars as liability on Pakistan is false, baseless and distorted.

Planning Ministry also said that the power projects are being executed by Independent Power Producers and finances are mainly taken by the private companies against their own balance sheets.

READ MORE:Nawaz Sharif arrested from Accountability Court, being shifted to Adiala Jail
Planning Ministry also said that CPEC is not imposing any burden with respect to loans repayment while outflows would start from the year 2021 and spread over 20 to 25 years.

Moreover, CPEC projects will continue to increase in the form of private investment in Special Economic Zones which were prioritized in the recent JCC meeting.



@SunilM @BHarwana @Path-Finder @wanglaokan

 

[SunilM]

$40 billion CPEC liabilities: Planning Ministry responds to media report
26 Dec, 2018

SHARES

• 
  

ISLAMABAD - Ministry of Planning and Development has rejected a news report repayment of China-Pakistan Economic Corridor project debt and liabilities.

READ MORE:Panama JIT, Fake Accounts JIT are case studies on how states fail: PM Imran Khan
A statement issued by Ministry said on Wednesday that the news report is based on incorrect information and biased analysis.

The Ministry clarified that CPEC is a flagship project of Belt and Road Initiative and to date, 22 projects are at various stages of implementation and government financial liability is only to the tune of 6 billion US dollars comprising of low interest loans and grants in infrastructure projects spread over 20 to 25 years payback period.


READ MORE:143rd anniversary of the Founder of Pakistan Muhammad Ali Jinnah being observed today
The official said giving the impression of 40 Billion dollars as liability on Pakistan is false, baseless and distorted.

Planning Ministry also said that the power projects are being executed by Independent Power Producers and finances are mainly taken by the private companies against their own balance sheets.

READ MORE:Nawaz Sharif arrested from Accountability Court, being shifted to Adiala Jail
Planning Ministry also said that CPEC is not imposing any burden with respect to loans repayment while outflows would start from the year 2021 and spread over 20 to 25 years.

Moreover, CPEC projects will continue to increase in the form of private investment in Special Economic Zones which were prioritized in the recent JCC meeting.



@SunilM @BHarwana @Path-Finder @wanglaokan

Oh, this is no denial at all. Just to cover up the Chinese swindle. Detailed facts and ROI are not even denied. The cat is out of the bag now.