@Pakistansdefender Who are you?? Economist, youthia, Asad Umar himself.....
First research how much they are asking.
Then research what IMF loan does to Pakistan every time.
You are right this govt.needs IMF for 'good standing' to crush the middle class beneath them.
IMF loan is an easy option compard to restructuring and doing reforms to tame and clear the dead wood in the bureaucracy.
If you are saying good standing to beg more loans from Paris Club than that is a thing of the past. Multilateral organizations like World Bank refused to fund not one but all mega projects Pakistan proposed e.g.DiamerBhasha Dam. After which they requested China for help.
IMF is more desperate to install the director here to screw us all.
Funny part is everytime they come they give excuse to their pimps selling the IMF package, they bark structural reforms bty the end it really comes up as a socio-economic agenda imposition to target and weaken Pakistani society and norms. The bureaucratic mafia gets away with it with more corruption.
Check how you'll stand good after Rupee touches 150 and inflation doubles spiking food prices, with more corrupt and shady dealings in the govt. structure.
No 1. All the world is not conspiring against us.
No 2. Do you know US was interested in funding diamer bhasha dam. You can even google the meeting of the finance minister in US for diamer bhasha funding. But all of a sudden they refused.
Why?
Then the project went to world Bank... They are very anxious. They already have experience too. They have built several dams in Pakistan previously. But they too refused. Why?
Then we begged China. China agreed. But the terms must very tough. Instead of negotiating the terms, chairman wada cancelled it via his interview. And so even China baked out. Why?
Everyone of above including Asian Development dam was interested then. What happened?
The thing is that gilgit baltistan is disputed region. It is neither a province nor a seperate state under Pakistan such as azad kashmir. So they refused to invest in disputed areas. World Bank, US, ADB asked us to get permission from India to built the dam... Imagine this senerio.
The very same bank world Bank was investing in dasu dam which is in kpk and azad kashmir and punjab. But not in gilgit baltistan. the major reason for the dam not getting any investment is the disputed stasus of Gilgit baltistan.
If you make gb a province. Everyone would be queing up to fund the dam..
Imran can convince Arabs to Invest but it would take some attention, as he is far too busy.
It is the most difficult job in the world, governing Pakistan, probably even. Difficult then governing Afghanistan..
Imf ask for reforms. Last government has great advantage. They have oil bonanza, they only took 4 billion imf package. The get 1 billion from saudis and economic condition was not like Today. Imf pushed them for reforms and they do not carry then out. So whatever was built does not have strong foundations. And so when it fall it fall heard.
When imf come this time, they would ask For reforms and now this is the proper time for Pakistani government to carry out reforms. This government has will and menifesto too. And if they don't they go out the same way previous governments went.
You do not have one problem.. You have a mountain of problems.
Imf is not your enemy.
In this modern world when richest of the rich people in Pakistan are only interested in buying lands and making housing societies for the rich. They only love to buy plots and sell as it is very easy way to earn Money. We complain that we have trade balance. When other countries ask us to show what we produce. We only produce raw materials. We produce the ae materials and same crops that we produce 60 years ago..
We can produce. Chocolate, vanilla, orchids, horticulture exports,
With good policy we can shift ourselves from palm oil totally to sunflower oil, canola oil, corn oil and olive oil.
And industry. We produce nothing. Nothing at all.
We sit down and ask and expect government to do Everything.
It is. Also responsibility of the rich to. Invest on factories and introducing newer technology so that they would create employement for the betterment of their. Country.
We do not even grow spices. We can grow Black paper, cloves, cardemom, saffron, vanilla, nutmeg, mace, cinnamon, cumin, fennel. We do not even grow turmeric. We are bunch of loosers.
Only following archeic methods of farming.
We don't compete with the world and yet we think world is against us as of we matter that much to the world.
