What's new

Economic chaos in Pakistan: outlook is gloomy

Kuru

FULL MEMBER
Jul 8, 2017
1,308
-17
1,170
Country
India
Location
India
What I want to know is, its been 7 years since CPEC. Why haven't the export numbers gone up? There has literally been no change. Where is the ouput for a $55 billion loan?
More than the output, you should be concerned about how Pakistan is going to repay this CPEC loan to China which, last I heard, was taken at commercial rate.
 

ghazi52

PDF THINK TANK: ANALYST
Mar 21, 2007
93,063
98
150,052
Country
Pakistan
Location
United States
.,.,
State Bank of Pakistan's foreign exchange reserves as of Thursday are down by $923 million to a record low of $3.68 Billion.
The import cover is down to 0.7 months.
 

Indos

PDF THINK TANK: ANALYST
Jul 25, 2013
21,245
23
21,936
Country
Indonesia
Location
Indonesia
I dont know about Pakistani law, but do they require all the exporters to retain the USD inside the country ?

Retaining the USD made by the exporters (goods and services) is also done in India, this is one of the reasons why they have high USD reserve.
 

ghazi52

PDF THINK TANK: ANALYST
Mar 21, 2007
93,063
98
150,052
Country
Pakistan
Location
United States
..,
Fne7I75aMAI82-o
 

epebble

SENIOR MEMBER
Sep 21, 2022
2,336
0
1,519
Country
United States
Location
United States
This is a realistic prediction, though downbeat. Bottom line: It is more likely to be a secular decline than anything 'revolutionary'. The buzzword is Lebanonization (and NOT Balkanization)

Future of Pakistan

 

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)


Top Bottom