Tameem
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PMLN Govt: Loans Taken $42B, Loans Paid $70B, Net Loans Paid:$28B= PTI Govt
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Fawadqasim1
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Most of it was payment of interests not the capital. That's why our foreign debt has increased by about 40 billion result of costly borrowing. Borrowing at high interest rates due to inefficiency and massive corruption of nawaz sharif and preceding government. The net result is that our external debt has increased by about 40 billion in about 5 years. The culprit is nawaz shareef and non other
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Clutch
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@Tameem ...bayta... you were paying the interest on the loans... Not paying off the loans. Plz ask Maryan to also pay for your schooling while she pays for your byrani
Example of what you did... You took a loan for $1Million from bank-A for which you have to pay $10,000 interest... You couldn't pay the $10,000 interest... So you take a loan from Bank-B of $10,000 at an interest of $5,000 per year to pay the $10,000 interest from Bank-A. This is a circular debt trap... Not an accomplishment.
Stunted growth syndrome.
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Fawadqasim1
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Sir they bought very costly short term loans to pay cheaper loans
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SoulSpokesman
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The MNS govt took loans to indulge in capex- think of all the CPEC projects, for instance.
The benefit of all this capex will be enjoyed by the PTI govt, while poor Nawazoo will have to take the flak.
Regards
The benefit of all this capex will be enjoyed by the PTI govt, while poor Nawazoo will have to take the flak.
Regards
Samlee
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Tameem Bahi Yeh Parashoot Sahafi Kon Hain???Kahin Aap Salh Zafir,Shakeel Shaikh, Mushtaq Manhoos Aur Nasrullah Malik Ki Baat To Nahi Kar Rahe
ALi Rizwan
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Dear PML-N supporter or Paid worker.
1> Please provide your supreme leader money trail
2> please give NOC to Govt of Pakistan so that they can ask & Check your supreme leader & Family assets abroad.
3> Pls explain why industries collapsed when fuel was at lowest internationally (Main import item & Major source for Power(IPP))
4> why we faced oil shortage when oil was at its lowest and whole world was buying & Storing cheap fuel.
5> Why Support Iftikhar chaudry and later avoid facing consequences(arbitration in international court, Steel Mill etc)
6> Who is going to pay for subsidies of Jangla Bus
7> Who is going to pay back loan+interest+Subsidies for life time for Orange Train.
8> what about other peoples who pay heavy taxes on vehicles but suffer from traffic jam even at Ferozpur Road.
9> What about those people (Majority) who will get no benefit from it
10> if Punjab had so much to waste why not they invested in Chiniot Dam Water storage + cheap Electricity of 49MW Instead of wasting money it would have generated revenue for Punjab.
11> whats the difference b/w Zardari & Nawaz when later also choose IPP.
12> who will pay for subsidies on IPP
13> a news circulated on media estated that to show off your supreme leader launch power project in hurry resulting in Power Break Down(Trip) from Main Line resulting 5.6 Billion damage claimed by IPP
& So on
1> Please provide your supreme leader money trail
2> please give NOC to Govt of Pakistan so that they can ask & Check your supreme leader & Family assets abroad.
3> Pls explain why industries collapsed when fuel was at lowest internationally (Main import item & Major source for Power(IPP))
4> why we faced oil shortage when oil was at its lowest and whole world was buying & Storing cheap fuel.
5> Why Support Iftikhar chaudry and later avoid facing consequences(arbitration in international court, Steel Mill etc)
6> Who is going to pay for subsidies of Jangla Bus
7> Who is going to pay back loan+interest+Subsidies for life time for Orange Train.
8> what about other peoples who pay heavy taxes on vehicles but suffer from traffic jam even at Ferozpur Road.
9> What about those people (Majority) who will get no benefit from it
10> if Punjab had so much to waste why not they invested in Chiniot Dam Water storage + cheap Electricity of 49MW Instead of wasting money it would have generated revenue for Punjab.
11> whats the difference b/w Zardari & Nawaz when later also choose IPP.
12> who will pay for subsidies on IPP
13> a news circulated on media estated that to show off your supreme leader launch power project in hurry resulting in Power Break Down(Trip) from Main Line resulting 5.6 Billion damage claimed by IPP
& So on
BetterPakistan
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Noonis fooling their patwaris again. lol
If $70 billion would have re-paid in N govt than our external debt would have decreased. They are including interest paid on loans in repayment to fool ill-minded patwaris.
If $70 billion would have re-paid in N govt than our external debt would have decreased. They are including interest paid on loans in repayment to fool ill-minded patwaris.
Sine Nomine
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Sharpshooter12
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I don't know what Ranjha(as always) is referring to, but here are excerpts from the Senate report you have provided links to
Mr. Asad Umer: (a) Government obtained foreign loans amounting to US$ 42.1 billion during July 01, 2013 to March 31, 2018 while repayments were recorded at around US$ 20 billion during this period. Therefore, net mobilization of foreign loans was US$ 22.1 billion during the stated period.
So PMLN government took $42 Billion and paid $20 Billion.
Now again from the senate report,
Mr. Asad Umer: (a) The amount of US$ 69.174 billion foreign loans obtained by the Government of Pakistan since 2008 to 2018. Year wise and country / organization wise break up is at Annex-I.
(b) The amount of US$ 47.08 billion foreign debt repaid by the Government during the said period.
Between 2008-2018, we took 69.174 Billion, if Nawaz govt. took $42 Billion that means Zardari clique took only $27 Billion. In the same period $47 Billion was repaid. If Nawaz govt. repaid $20 Billion that means Zardari govt. paid $27 Billion.
So PPP took $27 Billion in loans and repaid the same amount, yet when they left our external debt had increased from the Musharaf era's level. Why? Because most of the $27 Billion that they repaid went into debt-servicing i.e payment of interest.
Now sir look at the gap between Nawaz era borrowing($42 Billion) and debt servicing($20 Billion) and its no surprise that our debt to GDP ratio has reached 64%.
No matter how much sasta nasha this ranjha and other Maryam's clowns do, they can't hide the fact that PMLN government ruined our economy.
Mr. Asad Umer: (a) Government obtained foreign loans amounting to US$ 42.1 billion during July 01, 2013 to March 31, 2018 while repayments were recorded at around US$ 20 billion during this period. Therefore, net mobilization of foreign loans was US$ 22.1 billion during the stated period.
So PMLN government took $42 Billion and paid $20 Billion.
Now again from the senate report,
Mr. Asad Umer: (a) The amount of US$ 69.174 billion foreign loans obtained by the Government of Pakistan since 2008 to 2018. Year wise and country / organization wise break up is at Annex-I.
(b) The amount of US$ 47.08 billion foreign debt repaid by the Government during the said period.
Between 2008-2018, we took 69.174 Billion, if Nawaz govt. took $42 Billion that means Zardari clique took only $27 Billion. In the same period $47 Billion was repaid. If Nawaz govt. repaid $20 Billion that means Zardari govt. paid $27 Billion.
So PPP took $27 Billion in loans and repaid the same amount, yet when they left our external debt had increased from the Musharaf era's level. Why? Because most of the $27 Billion that they repaid went into debt-servicing i.e payment of interest.
Now sir look at the gap between Nawaz era borrowing($42 Billion) and debt servicing($20 Billion) and its no surprise that our debt to GDP ratio has reached 64%.
No matter how much sasta nasha this ranjha and other Maryam's clowns do, they can't hide the fact that PMLN government ruined our economy.
Fawadqasim1
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I am not talking about cpec it has nothing to do with this.
AZADPAKISTAN2009
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Its not paid off till it shows balance zero
Properly Planned Loan/Payment strategy
If you take loan of 100 dollar you normally pay 105 dollar back, You take loan because you anticipate to make 1,000 Dollar profit
Pakistan's Planned Loan/Payment strategy
But if you take 100 dollar and you have to pay 3,000 USD then you are conned or stupid and that is what is happening to Pakistan. Furthermore that project is then sold to PML family member for 5 dollar. Now country has no way to pay loan back. Each year IMF increases the debt by 500 USD as penalty
The only way debt can be paid is if our stalled Companies and Projects would be making Money
Example of Stalled Projects or Companies
IS IT MAKING MONEY NOW
a) Lahore Metro - Status Stalled not making money to help repay debt ?
b) Qauid-E-Azam solar park , is it makeing Electricity which can be sold and pay debt ?
c) Nandipor project did it finally finished and started to make money ?
d) Karachi circular railways , status is stalled not making any money ? Since 1999
e) Steeles Mills Karachi , largest industrial complex in Pakistan not making money ?
f) PIA larges aviation segment in Pakistan making -ve contrinition to economy?
g) How much money / profit are metro Busses making for country (Lahore/Rawalpindi/Multan) ?
h) Is Pakistan Railways making profits and helping pay debt back ?
i) Are the coal extraction making profits ? Is it paying debt back?
j) Even KPK transit bus project is it finished? making money ?
If country has 50 active projects , 49 should be making you Profit
Not the present situation of 99% projects are stalled or making no Money
Are you at least collecting Tax to pay Debt down that way ??? No in our case
The whole idea for setting up a business model is you make PROFIT !!!
If all these Projects / Tax collection process is making you no money !!! The of course it will create a financial crisis
Properly Planned Loan/Payment strategy
If you take loan of 100 dollar you normally pay 105 dollar back, You take loan because you anticipate to make 1,000 Dollar profit
Pakistan's Planned Loan/Payment strategy
But if you take 100 dollar and you have to pay 3,000 USD then you are conned or stupid and that is what is happening to Pakistan. Furthermore that project is then sold to PML family member for 5 dollar. Now country has no way to pay loan back. Each year IMF increases the debt by 500 USD as penalty
The only way debt can be paid is if our stalled Companies and Projects would be making Money
Example of Stalled Projects or Companies
IS IT MAKING MONEY NOW
b) Qauid-E-Azam solar park , is it makeing Electricity which can be sold and pay debt ?
c) Nandipor project did it finally finished and started to make money ?
d) Karachi circular railways , status is stalled not making any money ? Since 1999
e) Steeles Mills Karachi , largest industrial complex in Pakistan not making money ?
f) PIA larges aviation segment in Pakistan making -ve contrinition to economy?
g) How much money / profit are metro Busses making for country (Lahore/Rawalpindi/Multan) ?
h) Is Pakistan Railways making profits and helping pay debt back ?
i) Are the coal extraction making profits ? Is it paying debt back?
j) Even KPK transit bus project is it finished? making money ?
If country has 50 active projects , 49 should be making you Profit
Not the present situation of 99% projects are stalled or making no Money
Are you at least collecting Tax to pay Debt down that way ??? No in our case
The whole idea for setting up a business model is you make PROFIT !!!
If all these Projects / Tax collection process is making you no money !!! The of course it will create a financial crisis
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koolio
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Godfather and his pet dogs can go to hell, no more nooni's and pee pee pee's they have screwed this country so bad for their lust and greed, now first time after so many generations credible government has come to power and has to clean up all the evils from the previous governments which is going to take a long long time.
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