Pakistan's External debt surpasses historic high of $122billion

[salute]

INDIAPOSITIVE mian, let us not worry about Pakistan's economy but focus on these :

India - Jobless engineer slits son's throat, takes poison with wife : Cops

Jobless Engineer Slits Son's Throat, Takes Poison With Wife: Cops Both the man (55) and his wife were in acute depression, according to a primary probe based on the latter's statements. Her statements also revealed that the couple had planned the entire episode nearly two to three days ago...

defence.pk

India - student suicide by one aspiring to write a major exam

NEET aspirant dies by suicide ahead of exam in Tamil Nadu's Salem Onmanorama Staff Published: September 12, 2021 04:00 PM IST Updated: September 12, 2021 08:57 PM IST Dhanush Salem: A NEET candidate committed suicide ahead of the entrance exam in Tamil Nadu's Salem. A native of Mettur in...

defence.pk

India - Six-month-old with Spinal Muscular Atrophy dies in Kerala amid crowdfunding efforts

Six-month-old with Spinal Muscular Atrophy dies in Kerala amid crowdfunding efforts Recently, Rs 18 crore was raised through crowdfunding for the treatment of one-and-a-half-year-old Muhammed in Kannur, who was also suffering from the same genetic disease. IMAGE FOR REPRESENTATION NEWS DEATH...

defence.pk

Of course, great Indian is worried about embarrassing Pakistan. cool.

 

[Black Tornado]

39% of GDP

I don’t think so, SBP website says 280 billion dollars as per current exchange rate which translates to roughly almost 44% of Nominal GDP. Not 39 which will mean Pakistan has a 313 Billion dollars GDP, which it had in 2018 when it’s Nominal GDP was 313 Billion dollars which as per SBP is now 280 billion USD.

 

[newb3e]

Both for their greed and pride

but bro we cant blame the Alpha Mafia we will be labeled branded!

and as long as there are bootlickers who are blind to their corruption thats destroying our Homeland we will see this shit repeating like a loop! i fear they are planning to get Zardari or that queer elected as their pawn PM next that will be a disaster and ill move to fking Afghanistan if that happens!

all they need is land for dhas and thaikas for fwo and control over resources and for that they support/protect anyone who is willing to bow down to them! thats fked up at times it seems they dont care about Pakistan,Pakistan is their kingdom and the sons we sacrifice are their pvt army that they use for expansion and protection of their kingdom!

 

[Wood]

The devil is in the details. Majority of India's debt are incurred by Indian corporations. Our government debt is lower than your entire debt and most importantly we can afford to have the debt and get more borrowings with easier constraints because of our ext credit rating. That is the risk of declaring bankruptcy is low and will pay back the debt incurred.

Eh, I will not be very satisfied with India's credit rating. It is perpetually a step away from junk status

 

[Black Tornado]

INDIAPOSITIVE mian, let us not worry about Pakistan's economy but focus on these :

India - Jobless engineer slits son's throat, takes poison with wife : Cops

Jobless Engineer Slits Son's Throat, Takes Poison With Wife: Cops Both the man (55) and his wife were in acute depression, according to a primary probe based on the latter's statements. Her statements also revealed that the couple had planned the entire episode nearly two to three days ago...

defence.pk

India - student suicide by one aspiring to write a major exam

NEET aspirant dies by suicide ahead of exam in Tamil Nadu's Salem Onmanorama Staff Published: September 12, 2021 04:00 PM IST Updated: September 12, 2021 08:57 PM IST Dhanush Salem: A NEET candidate committed suicide ahead of the entrance exam in Tamil Nadu's Salem. A native of Mettur in...

defence.pk

India - Six-month-old with Spinal Muscular Atrophy dies in Kerala amid crowdfunding efforts

Six-month-old with Spinal Muscular Atrophy dies in Kerala amid crowdfunding efforts Recently, Rs 18 crore was raised through crowdfunding for the treatment of one-and-a-half-year-old Muhammed in Kannur, who was also suffering from the same genetic disease. IMAGE FOR REPRESENTATION NEWS DEATH...

defence.pk

 

[Chhatrapati]

Eh, I will not be very satisfied with India's credit rating. It is perpetually a step away from junk status

I wouldn't be too concerned about it as long as we dont step into that category.

 

[Black Tornado]

To the Indian poster Pakistan overall debt to GDP ratio has gone below India. Correct me if I am wrong for the first time

Our external debt to GDP ratio is less than 20% and is far less than our forex reserves, while your external debt to GDP ratio is almost 43% and 6 times the size of your forex, internal debts are not an issue whatever it’s percentage is as you owe it in your own currency, while external debts are owed to foreign entities in foreign currency and hence is a bigger issue.

 

[PradoTLC]

Bhai jan the house is actually on fire. Dollar just hit 170 and a tsunami of inflation is coming which will run down and crush the poor. No amount of schematics and explanation will save this sorry as incompetent government.


This is only 3 years of abomination, i wonder what the value will be by the end of 5 years and what the value of pkr will be against dollar. Some members wouldn't even be satisfied even if dollar hits 300pkr and still blame the previous government and glorify on how are exports will be more competitive now. Jab exports hain hi nahin to currency ko kiun khatam kar rahai ho.

As it is a norm on this forum where PTI members post two graphs and say we need alot of years to fix the damage of 30 years. You guys should wake up because everything you post about economy running in the right direction is bullshit. This hybrid regime can go to hell.

suck it up ... as this will continue till the structural issues are addressed.

> Mineral wealth extraction - fastest way to export your self out of trouble and debt. Until Baluchistan stablises this wont happen

> Increase agricultural export - it is still a year or two away

> Make in Pakistan - till our education level improves combined with cheaper source of enery ie hydro and solar industrial production will not expand and hence increase in export and reduction.



now as much as you are upset with IK, the reality he still the best of the bunch, and if you havent figure it out why.. refer to my third point. ie we have too many weakly educated people that would stuggle to get a Mcdonald job as a burger flipper in Dubai.

 

[jamahir]

Of course, great Indian is worried about embarrassing Pakistan. cool.

And you like Mrityunjay Rai before have nothing to say about the suicides. What if your brother or sister commit such a suicide or die because of lack of healthcare ?

Indias pop 1400 Million. There will be suicides in India as elsewhere in the world, including Pakistan. Every suicide is a tragedy, as is the attempt to portray such incidents to malign a country or pretending something unique is taking place.

These suicides occur because of the 3000-year-old extremely Capitalist socio-economic system in India. More than 300,000 Indian farmers committed suicide just between 1995 and 2015 for this very reason. 300,000+ is the population of a small city and is a significant portion of that 1400 million you quoted. Now if I were to kill 300,000+ stray dogs in India ( from among the 35+ million ) I would be immediately despised to say the least. But 300,000+ suicided humans won't move those who will attack me for killing dogs. A strange country I live in.

You speak so casually about those suicides. Now what if your married middle class brother lived in extremely Capitalist, highly competitive and dog-eat-dog environment India and he lost his job and wasn't able to pay the installment for the house ( since housing isn't a free human right in non-Socialist India ) and wasn't able to provide the fees of his children ( since education isn't free too ) and was having trouble in even providing good food ( since food too is not a basic human right in India ) ? What if he found it impossible to live on in this situation and since suicide is allowed in "Indian" culture" he committed suicide ? Would you still say "Oh it doesn't matter since he was just one among the 1400 million of India" ?

A child died from a genetic disease that has no cure anywhere in the world. This is portrayed as India's failure .

That child died because the government couldn't be bothered to spend 16 crores for his imported injection while the government could spend 7000+ crores of purchasing imitation planes of the American Air Force Ones and the government could spend 20,000 crores on building that needless Central Vista project that will include a new palace for Modi and the government is by proxy spending tens of crores on religious temples ( Ram and Somnath ) and has plans to build a Ram statue ( the next tallest in the world after that previous tallest statue of that closet Hindutvadi Vallabhbhai Patel ).

What is more important ? That child's life or some religious statue or a PM palace or two PM's planes ?

Below is a snapshot of my PDF pages. It is an ad from the Ketto organization in India which calls for crowdfunded money for medical treatment of people. Ketto is doing what the government should be doing :

View attachment 781038

That is wrong. In any Socialist or Communist country the people lived in much more comfort than most in India. Do you think any student, farmer or urban professional in the USSR committed suicide because of socio-economic reasons ?

And read this thread of mine which is a proposal that begins to define a new economic system where money system exists but not the traditional type. The system will abolish the existence of economic classification ( rich, middle, poor ) and will provide the basic human necessities for free but the non-basic necessities in exchange of money.

 

[Khan_21]

Bhai jan the house is actually on fire. Dollar just hit 170 and a tsunami of inflation is coming which will run down and crush the poor. No amount of schematics and explanation will save this sorry as incompetent government.


This is only 3 years of abomination, i wonder what the value will be by the end of 5 years and what the value of pkr will be against dollar. Some members wouldn't even be satisfied even if dollar hits 300pkr and still blame the previous government and glorify on how are exports will be more competitive now. Jab exports hain hi nahin to currency ko kiun khatam kar rahai ho.

As it is a norm on this forum where PTI members post two graphs and say we need alot of years to fix the damage of 30 years. You guys should wake up because everything you post about economy running in the right direction is bullshit. This hybrid regime can go to hell.

Inflation is a worldwide thing since covid hit. US this year had record inflation. Supply Chain is disrupted around the world.

 

[Maula Jatt]

I have no doubt that there are stupid lurid headlines in various media. However I question the purpose of an Indian national coming to a pakistani forum and posting this in a " I am superior" tone. Sad little posters like him need to take their small dick energy elsewhere.
There are no doubt erudite, eloquent Indians out there but they get drowned out by the small brained ,small dick bigots.

"To Indians on this thread

 

[muhammadhafeezmalik]

When PTI came into power our dollar reserves were 9 billion dollars , but now we had 27 billions in our stock , and this tells us all things are heading towards right direction

Minus the $9 billion China , KSA and UAE "packages" we are at same level.

 

[Riz]

View attachment 781056

Minus the $9 billion China , KSA and UAE "packages" we are at same level.

View attachment 781056

Minus the $9 billion China , KSA and UAE "packages" we are at same level.

pakistan owes china 26 billion dollars , if PTI have taken 9 billion dollars how many nwazo kanjar begged from china ?? And for your kind information There is only 2 billion dollars Remaining on pak side 1 billion dollar of saudia and 1 billion dollars of UAE ….ja ksi achi jaghaa sa ghasss mangwa apny liay

 

[Patriot forever]

View attachment 781056

Minus the $9 billion China , KSA and UAE "packages" we are at same level.

KSA and UAE amount never realize to full, what was taken was mostly returned.

Anyways I can not find logic in your post, ofcourse whatever the amount of those central bank deposits are considered debt and are part of $26b in 3 years. If we exclude the increase in reserves the amount will be around $16b roughly.

Remove the interest payments of around $9-12b ( not principal which is rolled over and new debt is not added as in case of interest payment) that leaves just a meager sum in 3 years, which includes WB ADB disbursements against projects, currency, CAD etc.

I will give you a example, Plmn spent $18b in their last 3 years on currency, PTI just spent $2b in 3 yrs. This is why if you take out the interest payment our debt incurred is minimal in last 3 years.

 

[HAIDER]

Forced tax collections. Everything everywhere is expensive. Plus ready for economic sanctions from West.