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Pakistan’s external debt, liabilities shoot to record at $96.7b

Sorry for that it was others who brought India in discussion so i will leave at that. However Pakistan situation is in dire situation.

  • Industrial output not looking great
  • Agriculture output not looking great
  • Service sector is okish
  • Tourism sector is not looking great
This is what i gather from the glimpse of it.
but hamara kaptaan to handsome hai na.
 
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Who will invest in pakistan with 10% kibor and still increasing? local or foreign ? pls shed some light?
Country with big pocket as high risk sometime give high rewards so you should look for China, Japan and gulf countries.
 
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how pmln controlled the Dollar artificially everyone knows about it .. and we are now paying the price for the same mistake, currently Rupee is at its natural value, its true that due to devaluation for ordinary public, prices of day to day items got affected but on the other hand it appreciate exports and reduce import bill as well
depreciation is a failed phenomenon , by this the african countries where you get a bread for one million dollars (african) must be themost developed ones. it is just an eye wash and put your people in front of poverty and price hikes.
 
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I would have praised PMLNs performance if after 5 years, Pakistan was back on track and no longer needed more aid. How long Pakistan is going to continue living on borrowed money? Debt is only piling up no matter it is Musharraf, PPP or PMLN.

..Yes in 5 years not 3 months. I remember first 3 months of PMLN were total chaos until IMF bailed them out as usual.

:p::p::p::p::p::p:
 
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depreciation is a failed phenomenon , by this the african countries where you get a bread for one million dollars (african) must be themost developed ones. it is just an eye wash and put your people in front of poverty and price hikes.
Depreciation shows real status of national economy unlike your fake spin doctor Ishaq Dollar
Nawaz added whopping $35b to Pakistan’s debt

Was a first of 35 billion dollars debt.
IMF board approves $6.7 billion loan for Pakistan in 2013

Give anyone 35 billion dollars and they can run country better than stupid PMLN
 
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5 year economic performance of Nawaz Sharif / Ishaq Dollar:
Nawaz added whopping $35b to Pakistan’s debt

@I FLY HIGH @Canuck786
debt is 30 billion usd but assets against that debt were raised i.e 15000 mwatts power plant capacity, cpec motorways, gwader port , cpec routes etc . now if you take a loan and create an asset it is good economics because you are investing , here the pti lovers only show the debt figure but do not share the assets and its value added. i expect that this is much higher than the economic intellect of these people.
 
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depreciation is a failed phenomenon , by this the african countries where you get a bread for one million dollars (african) must be themost developed ones. it is just an eye wash and put your people in front of poverty and price hikes.
you cannot compare African economies with pakistan its pretty much comparing oranges with bananas
 
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Interest rate is increased to curb the inflation which is much worse than FDI


What did your ugly leader Nawaz Sharif did in those sectors?
go and read some economics, more you speak more you expose yourself. interest rates cant curb inflation basically it is otherwise.
 
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debt is 30 billion usd but assets against that debt were raised i.e 15000 mwatts power plant capacity, cpec motorways, gwader port , cpec routes etc . now if you take a loan and create an asset it is good economics because you are investing , here the pti lovers only show the debt figure but do not share the assets and its value added. i expect that this is much higher than the economic intellect of these people.
LOL. Investments in power sector resulted in default:
Power sector default surges to close in on Rs1 trillion

Same for other sectors of economy.

YOU WIN!!!

PMLN berry bad; PTI berry berry gooood!
Dude its not about win or lose. Its about running the economy efficiently. Taking debt is not a problem if after a few years no more debt is required like India and Bangladesh. When a country becomes dependent on foreign aid every 5 years, that's where things go wrong.
 
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Congratulation on ur 305bn gdp, but does it really matter if its not enough to pay off ur import bill and keep country afloat.

Lets see, India BoT is -17 B $, where as Pakistan BoT is -383 B PKR monthly.

Both our nations, India and Pakistan, have similar debt to gdp ratio at 69% and 70% respectively.
but our country are clearly not in similar position when it comes to paying them back.

Let me present you with an analogy, there are two boats, one is small and has 50 holes in it and the other is big and has 30 holes in it. Surely, if you are unbiased, you would say both have problems, and surely you would say the one with 50 holes is much harder to fix than one with 30 holes. My main point is both are fix-able, but the narrative the OP and some of the people here want to present is that one boat is fixable and the other is not, which is clearly wrong.
 
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