Ahsan Iqbal severely condemns Dawn’s CPEC ‘master plan’ article, terms it Dawn Leaks II

[django]

If ever there was a text to convert a country into a subservient colony, this is it. It comes straight from East India Company manual. Pakistan has signed up to reduce itself from an Independent country, in name only, to a fully fledged dominion outpost of the Chinese.
Amazing, countries have fought to seek independence from colonial powers for centuries, Pakistan has signed up to become a colony.

If it was not for the damn East India company India would never have existed PERIOD, you and hypocrite Shashi Tharoor should be most grateful to your British masters!!!

 

[Kabira]

What/who to believe......now that is a $57 billion question

Document Dawn have is real even if old. But it's just a study from Bank of China about what Chinese should expect and in which areas they can invest. How is situation in Pakistan etc Not any actual agreement as such or so called master plan as Dawn have put it.

"Finance and risk
The chief risk the plan identifies is politics and security. “There are various factors affecting Pakistani politics, such as competing parties, religion, tribes, terrorists, and Western intervention” the authors write. “The security situation is the worst in recent years”. The next big risk, surprisingly, is inflation, which the plan says has averaged 11.6 per cent over the past 6 years. “A high inflation rate means a rise of project-related costs and a decline in profits.”

Efforts will be made, says the plan, to furnish “free and low interest loans to Pakistan” once the costs of the corridor begin to come in. But this is no free ride, it emphasizes. “Pakistan’s federal and involved local governments should also bear part of the responsibility for financing through issuing sovereign guarantee bonds, meanwhile protecting and improving the proportion and scale of the government funds invested in corridor construction in the financial budget.

It asks for financial guarantees “to provide credit enhancement support for the financing of major infrastructure projects, enhance the financing capacity, and protect the interests of creditors.” Relying on the assessments of the IMF, World Bank and the ADB, it notes that Pakistan’s economy cannot absorb FDI much above $2 billion per year without giving rise to stresses in its economy. “It is recommended that China’s maximum annual direct investment in Pakistan should be around US$1 billion.” Likewise, it concludes that Pakistan’s ceiling for preferential loans should be $1 billion, and for non preferential loans no more than $1.5 billion per year.

It advises its own enterprises to take precautions to protect their own investments. “International business cooperation with Pakistan should be conducted mainly with the government as a support, the banks as intermediary agents and enterprises as the mainstay.” Nor is the growing engagement some sort of brotherly involvement. “The cooperation with Pakistan in the monetary and financial areas aims to serve China’s diplomatic strategy.”

The other big risk the plan refers to is exchange rate risk, after noting the severe weakness in Pakistan’s ability to earn foreign exchange. To mitigate this, the plan proposes tripling the size of the swap mechanism between the RMB and the Pakistani rupee to 30 billion Yuan, diversifying power purchase payments beyond the dollar into RMB and rupee basket, tapping the Hong Kong market for RMB bonds, and diversifying enterprise loans from a wide array of sources. The growing role of the RMB in Pakistan’s economy is a clearly stated objective of the measures proposed.”

https://www.dawn.com/news/1333101/exclusive-cpec-master-plan-revealed

It was Confidential .... and this doc should not have been leaked by anyone in the government. It is the incompetence of PMLN Gov to let this and earlier leak happen.

And Dawn doesn't publish things that damage NS. This is sinister just like the first leak was.

How this help N league? Some traitor from with in N is releasing these documents to dawn. So presenting CPEC as something like east Indian company take over help N? Maa sadkay

 

[Verve]

How this help N league? Some traitor from with in N is releasing these documents to dawn. So presenting CPEC as something like east Indian company take over help N? Maa sadkay

CPEC is not Nawaz's brainchild .. he's merely a signatory on it! And Chinese are not giving PMLN access to the funds paying for the projects. Nawaz and his cronies have little financial gains (other than buying property in areas, esp Gwadar boom we saw recently) to be made from this project so it doesn't matter if it is sabotaged in order to become siyassi shaheed.

After this leak, there will be a mega campaign against CPEC claiming it to be Chinese takeover and whatnot. Wait for it!

But hey .. you love him, he's your king right? How can you King do anything against the interest of Pakistan, even if it is so save his looted wealth?

 

[The Eagle]

If the Leak part 1 was handled properly and as per merit by punishing the culprit, today would have been peaceful.

 

[Realistic Change]

Someone in PMLN is pissed off with CPEC ... A good sabotage attempt especially at this stage.

Had this been a pure PMLN controlled project, this report would have stayed secret for longer.

A very interesting development. It seems Nawaz wants to go down fighting.

He has no other option whatsoever.

His past slogans have fizzled out - he need new "excuses" to sell this time to have an outside chance to put to use his experienced team (tajarbakaar team) of wizards.

 

[cloud4000]

Kudos to DAWN for doing its job to inform the public, something the government has clearly failed to do. It's also interesting to note that any criticism of CPEC is tantamount to treason in some quarters.

 

[Rajaraja Chola]

And people are talking of Indian media and its freedom while at the same time want a ban on one of their media for talking against what the majority wants to believe in...............

 

[Taimoor Khan]

DawnLeak version 1 was an implanted news by PM house.

Dawnleak version 2 (as per Mr Ahsan Iqbal) cannot come for anyone else by the current PML(N) government as they are privy to the nitty gritty concerning CPEC.

Mr Ahsan Iqbal is inditing his own government of this utter incompetency.

 

[Verve]

He has no other option whatsoever.

His past slogans have fizzled out - he need new "excuses" to sell this time to have an outside chance to put to use his experienced team (tajarbakaar team) of wizards.

Let's see how this one goes down ...

 

[Sully3]

Kudos to DAWN for doing its job to inform the public, something the government has clearly failed to do. It's also interesting to note that any criticism of CPEC is tantamount to treason in some quarters.

what has CPEC got to do with you indians i dont understand

and Kudos to Bharka Dutt for constantly exposing the lies feed to indians by their government time and time again.

 

[Verve]

Anti-CPEC propaganda machine will be working overtime now.

And the floodgate of Indian trolls on PDF + social media will open .....

 

[Realistic Change]

Let's see how this one goes down ...

N$ and his team is playing laser tag game wearing black clothes with no glow marks.

 

[Verve]

N$ and his team is playing laser tag game wearing black clothes with no glow marks.

Does that man even realise that he's doing exactly what the enemies want?

 

[koolio]

Baboon league needs to investigate who leaked sensitive document, obviously with India making so much noise about CPEC, some black snake within PMLN is not happy with the progress of CPEC. and this is the result of someone not being punished in Dawn leaks part 1.

 

[Mitho1980]

Who own's dawn news? And u will understand why is this happening now with the conference going in china some lapdogs are obeying their masters.
Same masters who suggested cpec will bring terrorism and 2 incidents happen in blochistan