China, Pakistan ink $820m Thar coal agreement!

[VCheng]

and ALL other loans are uncle Sam's responsibility????? This post of yours, is YET another post that clearly shows how disconnected you are from the real world!!!!! Any loan that any country has, is a burden on Pakistan. Without googling it, tell me what's a sovereign guarantee..????? A loan is a debt on a country, PERIOD. Burden on her people if the economy doesn't grow to pay it off. Soverign guarantee is something ENTIRELY different. If you don't have a command on the subject, why keep wasting your and everyone else's time??

Its pretty obvious to every reader that you don't have knowledge on the subject, so why sound like a PhC (Philosopher in Conspiracy Theories)???? I came up with this degree for people like you. PhD means Philosopher Doctor. But PhC suits people like you

Loans taken out by private entities are their responsibility, not the nation's. Slight difference, Sir.

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Oh look, a thread from five years ago:

Govt announces test production of electricity, gas from Thar coal

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From four years ago:

Sindh Inks Energy Deals with China including Thar Coal Project

 

[fjavaid]

The banks loaning this money were clever: the project was so shaky that it needed sovereign guarantees to make the loans possible. That is a fact, not hatred.



Why do you insist on digging yourself deeper in BS? Just how well has Dr. Mubarikmand's UCG project worked out in Thar so far? The rest of your diatribe is similarly useless in context.

Brother every project..which get financed from banks need sovereign guarantees ..... can u name any project executed by bank loans with out these guarantees ?????????
either fulfilled by corporations or Govt ...depends on the client

 

[VCheng]

Brother every project..which get financed from banks need sovereign guarantees ..... can u name any project executed by bank loans with out these guarantees ?????????
either fulfilled by corporations or Govt ...depends on the client

No Sir. Projects that have clear financial benefits can raise money on their own, since the investors have a reasonable assurance of returns. It is only the projects that cannot make the economic case for their financing need sovereign guarantees by the State to assure the investors that they will get their money back, and in this case, with a handsome variable interest rate.