UAE confirms to IMF support of $1bn for Pakistan: Dar

[nahtanbob]

Why can not GOP try to make a fund with Pakistan origin people across the globe and generate $2-3 B? Even few people from Houston, NY and CA Pakistan diospora people can easily make a bond and be the investor to GOP…

You are assuming Pakistani Americans have that kind of money to spare. the total diaspora strength is 500,000+. The first generation is relatively prosperous. The 2nd generation has lower income level plus they have less emotional attachment

 

[Abid123]

You are assuming Pakistani Americans have that kind of money to spare. the total diaspora strength is 500,000+. The first generation is relatively prosperous. The 2nd generation has lower income level plus they have less emotional attachment

Do you know the total net worth of the 500 000 Pakistani Americans? I will give you a hint the wealthiest 18000 Pakistani Americans have a net worth of 200 billion USD. You can figure the rest.

 

[MilSpec]

Congrats... UAE is a trusted Partner for Pakistan.

 

[nahtanbob]

Do you know the total net worth of the 500 000 Pakistani Americans? I will give you a hint the wealthiest 18000 Pakistani Americans have a net worth of 200 billion USD. You can figure the rest.

You can pull figures out of the air or back them up

Ignoring Shahid Khan who has $12 billion and who has zero interest in getting entangled in Pakistan

List of Pakistanis by net worth - Wikipedia

en.wikipedia.org

The 2nd richest has$200-250 million

Ashar Aziz - Wikipedia

en.wikipedia.org

A 2011 report based on data from the 2010 US Census reported the median household income of Pakistani-American families at $63,000
That does not leave too much money to spare

Pakistanis in the U.S. Fact Sheet

Facts about the Pakistani American immigrant and U.S.-born population.

www.pewresearch.org

$78,000 median household income

 

[Abid123]

You can pull figures out of the air or back them up

Ignoring Shahid Khan who has $12 billion and who has zero interest in getting entangled in Pakistan

List of Pakistanis by net worth - Wikipedia

en.wikipedia.org

The 2nd richest has$200-250 million

Ashar Aziz - Wikipedia

en.wikipedia.org

A 2011 report based on data from the 2010 US Census reported the median household income of Pakistani-American families at $63,000
That does not leave too much money to spare

Pakistanis in the U.S. Fact Sheet

Facts about the Pakistani American immigrant and U.S.-born population.

www.pewresearch.org

$78,000 median household income

Here we go pajeet:
"Khan said direct foreign investments from Pakistanis overseas would help the country to avoid going cap in hand to the IMF for help. He told the crowds, who waited hours to hear him speak, that the net worth of 18,000 Pakistani-Americans in the US is $200 billion and the net worth of the top 10 Pakistani-American businessmen is $25 billion. “And (still) we are bowing before the IMF to get a $6 billion deal".

Pakistani ex-PM Khan sets out economic rescue plan at rally

LAHORE, Pakistan (AP) — Former Pakistani Prime Minister Imran Khan led a rally in the eastern city of Lahore in the early hours of Sunday, setting out his ideas to revive the country’s spiraling economy and accusing the government of lacking a rescue plan.

apnews.com

 

[Burnol_Wala]

It gives an idea about Pakistan's current economy if they have to beg for just 1 billion dollar , India is launching multi billion projects everyday

 

[nahtanbob]

Here we go pajeet:
"Khan said direct foreign investments from Pakistanis overseas would help the country to avoid going cap in hand to the IMF for help. He told the crowds, who waited hours to hear him speak, that the net worth of 18,000 Pakistani-Americans in the US is $200 billion and the net worth of the top 10 Pakistani-American businessmen is $25 billion. “And (still) we are bowing before the IMF to get a $6 billion deal".

Pakistani ex-PM Khan sets out economic rescue plan at rally

LAHORE, Pakistan (AP) — Former Pakistani Prime Minister Imran Khan led a rally in the eastern city of Lahore in the early hours of Sunday, setting out his ideas to revive the country’s spiraling economy and accusing the government of lacking a rescue plan.

apnews.com

Name the top 10 Pakistani American businessmen
I named 1 and 2. Getting the remaining 8 should be easy

For now I will ignore the fact Shahid Khan has not invested in Pakistan

It is easy to pull numbers out of your rear @Abid123

Plus Imran Khan was in power for 3 years
How much did he raise for his dams ?

Dam fund hits Rs10bn mark; PM Khan lauds 'generosity' of Pakistanis

The fund was started last year in July by the then Chief Justice Saqib Nisar.

www.dawn.com

 

[Edevelop]

You are assuming Pakistani Americans have that kind of money to spare. the total diaspora strength is 500,000+. The first generation is relatively prosperous. The 2nd generation has lower income level plus they have less emotional attachment

They don't. Most of the remittances and investments comes from the Middle East.

Do you know the total net worth of the 500 000 Pakistani Americans? I will give you a hint the wealthiest 18000 Pakistani Americans have a net worth of 200 billion USD. You can figure the rest.

Pakistani Americans have little attachment to Pakistan. Unlike the diaspora living in Canada, U.K and European Union countries, culturally they have become American, or individualistic

 

[nahtanbob]

They don't. Most of the remittances and investments comes from the Middle East.

Pakistani Americans have little attachment to Pakistan. Unlike the diaspora living in Canada, U.K and European Union countries, culturally they have become American, or individualistic

Some Pakistani Americans are proud of their nationality. They will donate if they see something worthwhile to donate. A lot of them would like to invest if you create opportunities for investing. A lot of them make ends with little to spare. No one is pulling out money for a demagogue like Imran Khan

 

[Edevelop]

Some Pakistani Americans are proud of their nationality. They will donate if they see something worthwhile to donate. A lot of them would like to invest if you create opportunities for investing. A lot of them make ends with little to spare. No one is pulling out money for a demagogue like Imran Khan

There is obviously some disparity like you said between first and second gen. Nevertheless, hardwork is hardwork. People in the West generally don't have time and whatever they make they actually pay taxes. People could hardly afford to pay their children's college tuition fees, mortgage expenses and sometimes even health care expenses and yet here we have some people who argue their combined net worth is $x. It means nothing if they can't make their own ends meet.

 

[Mohsin A]

If these politicians and Military top brass had an iota of shame, they'd voluntary drown and die. They have made a resource rich nation the laughing stock of the world. Lakh di lanat in these begairats. If the general populous has any heart left, they should lynch these haraamkhors and tie them to the lamp posts of Islamabad.
For how long will this nation live on the donations of the hard working Pakistanis abroad? It's about time the nation gets off it's a$$ and makes it a country which Talent abroad aspires to want to move to rather than run away from.

 

[nahtanbob]

There is obviously some disparity like you said between first and second gen. Nevertheless, hardwork is hardwork. People in the West generally don't have time and whatever they make they actually pay taxes. People could hardly afford to pay their children's college tuition fees, mortgage expenses and sometimes even health care expenses and yet here we have some people who argue their combined net worth is $x. It means nothing if they can't make their own ends meet.

guys like @Abid123 have misplaced notion of wealth. the number of high net worth Pakistani Americans is a lot smaller than the 18,000 he is claiming. We won't get into cases where the wealth is not liquid

 

[Olympus81]

Honestly, even if IK becomes a PM, why would an overseas Pakistani turn to invest in Pakistan? The remnants of Pakistan and its institution is still there. Think dispassionately.

They’d send over only so much in love for Pakistan and that’ll be mostly in the form of Zakat funds or plots.

Unless, the establishment is not defanged and deep structural reforms are not done, the investment climate will remain dry.

RDA are good instruments for short, medium term but a good decade of focused structural changes need to happen for foreign investors to start investing in Pakistan.

 

[Genghis khan1]

True Pakistani Americans don’t want to get entangled with political nonsense in Pakistan but when it comes to show of strength or political or financial support, they not only participate but also have the strongest punch compared to folk in Mideast or anywhere else. Success of IK visit to Washington was one indication of that, which even Trump acknowledged.

You can pull figures out of the air or back them up

Ignoring Shahid Khan who has $12 billion and who has zero interest in getting entangled in Pakistan

List of Pakistanis by net worth - Wikipedia

en.wikipedia.org

The 2nd richest has$200-250 million

Ashar Aziz - Wikipedia

en.wikipedia.org

A 2011 report based on data from the 2010 US Census reported the median household income of Pakistani-American families at $63,000
That does not leave too much money to spare

Pakistanis in the U.S. Fact Sheet

Facts about the Pakistani American immigrant and U.S.-born population.

www.pewresearch.org

$78,000 median household income

 

[Olympus81]

IK’s high level economic roadmap that he alluded to during Lahore Jalsa was just too hopeful and unrealistic.

Relying too much on overseas Pakistanis and clasping on hope.

His economic team seriously needs to introspect and come up with short, medium, long term goals.

Populist policies and subsidies for businesses just won’t work.