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

[I FLY HIGH]

Thanks to your PMLN government moron.

dont try to pass the ball, where are 200 billion dollars which kaptaan was to collect from overseas pakistanis and retire the debt ?

 

[Type59]

Do tell me again when was he elected? And prove me how is it all his fault? And yes I agree he is handsome as compare to NS or Zardari.

That debt lev shot up after 2017. Why is that?

 

[Nilgiri]

Lol, market cap, KSE doesn't even show half of Pakistan's market. Well we sometimes forget India has 1.34 billion to feed while Pakistan only has 210 m. I am not comparing India vs Pakistan, I am just saying those with glass houses, do not throw stones at other peoples houses. Now if your counter argument is, well you don't have a glass house, then your are simply delusional.

Tell me India's balance of trade(Import Export diff), tell me India's GDP per capita(nominal) or even PPP( i don't mind but you have to specify), tell me India's wealth distribution. Don't answer these, these are all rhetorical questions aimed for a reason. And the reason is those with glass houses shouldn't throw stones. It's basically to negate the narrative the OP want's to build.

Just telling you for all India's problems, the external situation is much more under control than Pakistan's.

500 billion debt / 2.5 trillion market cap = 20% leverage (with investment grade credit rating)

100 billion debt / 100 billion market cap = 100% leverage (With junk grade credit rating)...and there is another thread that says double leveraging is really starting to be problem in Pakistan...esp in short term debt liabilities.

You don't simply say India is 5 times the debt of Pakistan without the important qualifiers.

I mean what is Japan and US debt?...they are doing worse because they are more over-leveraged than India?

And who is talking about KSE only? I am talking about the total listed market cap in entire country. If there is black money problem, then thats on Pakistan to fix and bring to the book to be invested soundly.

You can pass it off as "not a problem"....but we will see the reality happen ourselves now.

@VCheng

 

[BRAVO_]

well here is a simple solution ........... but i know kaptan will never do it

he should allow overseas pakistanis to import one car of their choice to pakistan ....but ....with a term that they will remit amount in Dollars equal to the price of that car in pakistan to their bank accounts and they will not withdraw for a specific time ...

it will not only provide the quality vehicles to public but it will further create jobs in auto market and repairing centers our own auto assemblers in pakistan are just making money at the name of supporting economy, truth is they are looting with both hands through providing sub stranded cars which have almost no safety features on abnormal high prices, it is because of market monopolistic control ............. but its a wishful dreaming i know kaptan or assad umer will never do anything for overseas pakistani they will as usual keep using the patriotic slogans tool like all predecessors to fetch the money back ... just for few billions dollars from America Pakistan suffered the losses of its thousands of citizens ... why not they give any incentive to over seas pakistanies similar to above ???? i will be the first one to avail such type of offer otherwise i am happy to keep my bank account overseas atleast it is not affecting due to abnormally high inflation back home

 

[I FLY HIGH]

Patwaris like @I FLY HIGH are sick donkey eaters.

and PTI fellows are donkeys and their kaptaan is donkey king . WHERE IS 200 billion $ which was promised to be collected from overseas and retire the debt ? shameless moneys.

 

[Type59]

dont try to pass the ball, where are 200 billion dollars which kaptaan was to collect from overseas pakistanis and retire the debt ?

Why troll?

 

[Nilgiri]

That debt lev shot up after 2017. Why is that?

Largely CPEC related.

 

[I FLY HIGH]

Why troll?

promises and big mouth of PTI was troll for sure .

 

[Anik101]

Whatever, as long as it isn't as much as India's external debt, which is 500B, it will be alright. Current balance of payments was an issue but I think gov. managed to handle it and is under control now.

$417 billion out of $500 billion Indian external debt is commercial borrowing and therefore it is not going to be burden on people of India. This is exactly opposite in case of Pakistan.

 

[Norwegian]

dont try to pass the ball, where are 200 billion dollars which kaptaan was to collect from overseas pakistanis and retire the debt ?

Why did your leadership accumulate that much external debt to begin with? Why did they run the country above their means that long? @Canuck786 @Tameem @BATMAN

 

[Death Professor]

You guys dont understand do u? Its not about the quantity of debt, its about the paying capacity. You are comparing a nation with 94bn loan asking for a bailout of 11bn against a nation with 2.4tn gdp and over 400bn forex having 500bn loan. latter clearly has the paying capacity, former doesnt.
thats the problem.

Sure our reserves are bad, but it's only a short-term issue. The focus is on exports and this issue can be catered with that. Nothing to worry about, you did mention your reserves are about 400 B. I mean surely 393 is less than 500 is it not? I mean it's not as bad as having 15 B compared to 95B, but still it's bad. Btw. Pakistan GDP is about 305 B, you forgot to plug that in your comment when you were mentioning about India's GDP.

 

[Mage]

Whatever, as long as it isn't as much as India's external debt, which is 500B, it will be alright.

What kind of logic is this? Consider the size of Indian economy too...

 

[Type59]

promises and big mouth of PTI was troll for sure .

All parties make big promises when in opposition, once in power, reality hits them. IK is not infallible, your right to criticise, but if PML N won election. Pakistan would still need to approach Imf. PTI I think are implementing unpopular reforms in first year. Their hoping things will turn positive in years to come.

 

[Nilgiri]

Why did your leadership accumulate that much external debt to begin with? Why did they run the country above their means that long? @Canuck786 @Tameem @BATMAN

I agree the buck lies mostly for sure with previous admin. Can't really blame I.K all that much (yet!). This admin will have to take concrete reform steps though. It cannot dawdle.

 

[Norwegian]

That debt lev shot up after 2017. Why is that?

PMLN government took more loans than ever to prop up their offshore accounts.