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TheSnakeEatingMarkhur

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Brother, you're getting mixed up between the amount of money borrowered and the total amount of external debt outstanding.

Total amount will fluctuate depending how the Government manages the debt. Note the highlighted figure.

QuaterPeriodTotal (billion)
Q4Apr-Jun-2018$95.237
Q1Jul-Sept 2018$96.10
Q2Oct-Dec 2018$99.041
Q3Jan-Mar 2019$105.84
Q4Apr-Jun 2019$106.3
Q1Jul-Sept 2019$106.9
Q2Oct-Dec 2019$111.047
Q3Jan-Mar 2020$109.94
Q4Apr-Jun 2020$112.8
Q1Jul-Sept 2020TBD

Therefore, the PTI Government has borrowed over $26 billion between August 2018 and July 2020, but the overall debt it has piled on during that time period amounts to $17 billion.
Bahi what we care about is external standing debt that we have to pay... not how much gross debt they got...
 

Pakistan Space Agency

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Bahi what we care about is external standing debt that we have to pay... not how much gross debt they got...

The PML- N Government piled on $41.837 billion between July 2013 - July 2018 and the PTI Government has added $17 billion so far. Let's see what this figure looks like in 2023.

Just remember though, in the election year, Governments usually go crazy with borrowing.
 

mikkix

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PTI Government Year-1 (August 2018 - July 2019)
Pakistan borrows record $16b in just one year
(PTI Government borrowed $13.6 billion out of $16 billion)

PTI Government Year-2 (July 2019 -July 2020)
In FY20: Govt gets over $13b in foreign loans

... With the fresh borrowing, Pakistan has received a whopping $29.2 billion in foreign loans in the past two years, including $26.2 billion by the government of Prime Minister Imran Khan since August 2018. ...
The article you are quoting also stating that PTI out of 26 billion returned 19.2 billion which you did not quote, why? This is called dishonesty. Secondly the article stating that 26 billion also includes Saudi and UAE arrangements but it do not states that whether this money is part of the returned loan or not, if it did not then you need to minus 5.5 billion also from 26 billion figures.
 
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Pakistan Space Agency

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The article you are quoting also stating that PTI out of 26 billion returned19.2 billion which you did not quote, why? This is called dishonesty. ...
Every single year and every single Government for the past 7 decades allocates money in the budget for debt repayment.

Don't tell me you were under the impression that only the PTI Government repays the loans.

How much debt did the previous PML-N Government repay?

An example from October 2017:

... Around half of these $35b loans obtained were used to pay off previous debt from July 2013 to June 2017. During its four-year tenure, the PML-N has added a record $17b to Pakistan’s external debt and liabilities which is a record for any government. ...
 
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mikkix

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Every single year and every single Government for the past 7 decades allocates money in the budget for debt repayment.

Don't tell me you were under the impression that only the PTI Government repays the loans.

How much debt did the previous PML-N Government repay?

An example from October 2017:

... Around half of these $35b loans obtained were used to pay off previous debt from July 2013 to June 2017. During its four-year tenure, the PML-N has added a record $17b to Pakistan’s external debt and liabilities which is a record for any government. ...
I know all governments piling up the external debt because when a country dont have enough goods and services to increase GDP or dont have enough resources to increases revenue then eventually it will rise up. The problem with PMLN is they were focusing on consumer based economy and not focusing on manufacturing economy or services economy. Although services economy is gradually imcreasing but still pace is slow. But manufacturing there was no work has done. Exports were stagnant infact decreasing. Imports were sky rocketing. Trade defecit was huge. Focus was to control price and and hence consuming of the goods was increased which was the only base for gdp growth. Revenues were not based on tax collection from goods and servives provided but on import duties and tax. Currency was stable because they were pumping dollars in the market. It was not a good decision but failed and short term strategy and would not take country at the top. Focus should be made on manufacturing industries, providing servicing industry better chance to grow which eventually raise jobs, which tends to create more supply hence reduces demand and control the price. If PTI failed into it i will reject them too. But going back to Shareef again is not the solution. 2 loosers is always equals to zero. Give chance to another one.
 

Pakistan Space Agency

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I know all governments piling up the external debt because when a country dont have enough goods and services to increase GDP or dont have enough resources to increases revenue then eventually it will rise up. The problem with PMLN is they were focusing on consumer based economy and not focusing on manufacturing economy or services economy. Although services economy is gradually imcreasing but still pace is slow. But manufacturing there was no work has done. Exports were stagnant infact decreasing. Imports were sky rocketing. Trade defecit was huge. Focus was to control price and and hence consuming of the goods was increased which was the only base for gdp growth. Revenues were not based on tax collection from goods and servives provided but on import duties and tax. Currency was stable because they were pumping dollars in the market. It was not a good decision but failed and short term strategy and would not take country at the top. Focus should be made on manufacturing industries, providing servicing industry better chance to grow which eventually raise jobs, which tends to create more supply hence reduces demand and control the price. If PTI failed into it i will reject them too. But going back to Shareef again is not the solution. 2 loosers is always equals to zero. Give chance to another one.
The previous Government was against the wall from Day 1 and so is the current Government from Day 1.

Despite that the previous Government left the country with a 5.2% GDP Growth Rate and a Nominal GDP of $315 billion (phenomenal increase of $84 billion).

The current Government in just in its year ended up with a 2.4% Growth Rate and a reduced Nominal GDP of $264 billion (decrease of $51 billion).

Which part of that do you struggle to understand?
 

Norwegian

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Despite that the previous Government left the country with a 5.2% GDP Growth Rate and a Nominal GDP of $315 billion (phenomenal increase of $84 billion).
How many times you need to be told that growth wasn't sustainable and thus artificial?

The current Government in just in its year ended up with a 2.4% Growth Rate and a reduced Nominal GDP of $264 billion (decrease of $51 billion).
It's reduction in USD due to currency devaluation not in PKR.

Which part of that do you struggle to understand?
Same question to you, patwari:
 

mikkix

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The previous Government was against the wall from Day 1 and so is the current Government from Day 1.

Despite that the previous Government left the country with a 5.2% GDP Growth Rate and a Nominal GDP of $315 billion (phenomenal increase of $84 billion).

The current Government in just in its year ended up with a 2.4% Growth Rate and a reduced Nominal GDP of $264 billion (decrease of $51 billion).

Which part of that do you struggle to understand?
The growth rate definitely decrease in terms of dollar but it is because of continous declining rate/value of Rupee in terms of dollar. Otherwise if you calculate gdp growth rate in terms of pkr then you will find a growth of approx 9 percent but i dont belive it is the right way to calculate. Secondly the bubble was created by pmln in terms of growth rate and dollar rate which has to burst in this tenure be it pmln or pti. Plz tell me which industry in those 5 years shown growth of 5 % in pmln tenure. Textile?
IT?
Pharma?
Cement?
Steel?
Agriculture?
Chemicals?
Oil and gas?
Waiting with figures...
 

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