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Why India is unable to pay off it's $5.5 billion debt to the IMF?

Pakistan Space Agency

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India's external debt rose to $564 billion by the end of December 2019.

https://dea.gov.in/external-debt

India still struggling to pay off it's $5.5 billion debt to the IMF.

20200403_191539.jpg
 
Perhaps awaiting some "friend" or "brother" country to bail us out. 5.5 billion is huge sum, we should seriously consider providing mercenary services to US.




So says the person who belongs to the race and nation that has the highest number of severely malnourished and extreme poor people in the world........:azn::

https://www.telegraph.co.uk/news/wo...591/India-accused-of-poverty-smokescreen.html

https://www.theguardian.com/world/2010/jul/14/poverty-india-africa-oxford

https://www.telegraph.co.uk/news/wo...-third-of-worlds-poorest-says-World-Bank.html

https://blogs.worldbank.org/opendata/half-world-s-poor-live-just-5-countries
 
Finance is not a strong suit eh? You have to understand that these borrowings are not bailouts. These extremely low-interest borrowings, and if India were to release $5.5 billion from it's forex just to escape this debt it'll be extremely stupid. India is one of the best debtors among Emerging Markets, with low credit risk. Taking loans is not a bad thing, but needing a bailout is, better stop making these threads about India's indebtedness without understanding what it is about.
 
Finance is not a strong suit eh? You have to understand that these borrowings are not bailouts. These extremely low-interest borrowings, and if India were to release $5.5 billion from it's forex just to escape this debt it'll be extremely stupid. India is one of the best debtors among Emerging Markets, with low credit risk. Taking loans is not a bad thing, but needing a bailout is, better stop making these threads about India's indebtedness without understanding what it is about.
Sirji don't you have something better to do? I mean it. Let them have fun.
 
Sirji don't you have something better to do? I mean it. Let them have fun.

That is true..You should always allow your opponents to make fun of you in opponent forum...Because at the end of the day, the quality of their reaction represents their mindset....By putting some silly facts, the reality is not going to change...
 
How come India borrow money from IMF ? I dont remember India ever got any financial crisis for the last 20 years. Even Indonesia has paid all of its debt plus interest to IMF in 2008 after they lend us money during Asian Financial Crisis.
 
Perhaps awaiting some "friend" or "brother" country to bail us out. 5.5 billion is huge sum, we should seriously consider providing mercenary services to US.

you already are doing it niga
 

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