How close is Pakistan to default

[Asian.Century]

https://twitter.com/x/status/1661045356048654336

 

[Dr. Strangelove]

Default is imminent now. During the First few weeks of June will see the last semblance of Economic Control and stability go away and then all hell will break loose.

 

[epebble]

Default is imminent now. During the First few weeks of June will see the last semblance of Economic Control and stability go away and then all hell will break loose.

If anyone is wondering what is the secret behind the deadlocked IMF deal, Fortune has an interesting report. It is basically a rivalry between IMF and China about who will take a loss.

'In a lot of the world, the clock has hit midnight': China is calling in loans to dozens of countries from Pakistan to Kenya

Keeping schools open, the lights on and even food on the table is being threatened by debt payments from the $1 trillion Belt and Road program.

fortune.com

 

[Hero786]

Dollar is of 312 PKR in Open Market.

Currency Rates in Pakistan Open Market Dollar Rate

Forex.pk offers daily in open market Dollar rate & other currency rates as per Pakistani Market. Here you can find historical and today currency rates in Pakistan.

www.forex.pk

 

[Dalit]

Dollar is of 312 PKR in Open Market.

Currency Rates in Pakistan Open Market Dollar Rate

Forex.pk offers daily in open market Dollar rate & other currency rates as per Pakistani Market. Here you can find historical and today currency rates in Pakistan.

www.forex.pk

The economy has gone bust.

 

[Hero786]

Generals still want PDM in govt.

 

[PradoTLC]

good ... let the house burn

 

[Hero786]

https://twitter.com/x/status/1661045356048654336

But, In Dream.
IMF do not give them a fk.

"The Grapes are Sour".

 

[Clutch]

https://twitter.com/x/status/1661045356048654336

The only way Pakistani establishment will learn is when everything around them collapses and the idiots looks back and say, "oops, shoot... Time to move to that London flat".

 

[maithil]

If anyone is wondering what is the secret behind the deadlocked IMF deal, Fortune has an interesting report. It is basically a rivalry between IMF and China about who will take a loss.

'In a lot of the world, the clock has hit midnight': China is calling in loans to dozens of countries from Pakistan to Kenya

Keeping schools open, the lights on and even food on the table is being threatened by debt payments from the $1 trillion Belt and Road program.

fortune.com

Very revealing. Only one common link among all such countries. Interesting times ahead.

 

[Clutch]

Total economic collapse and default is the best thing to happen to the already poor downtrodden people of Pakistan. Only the corrupt will suffer.

Let it burn.

 

[PakFactor]

If anyone is wondering what is the secret behind the deadlocked IMF deal, Fortune has an interesting report. It is basically a rivalry between IMF and China about who will take a loss.

'In a lot of the world, the clock has hit midnight': China is calling in loans to dozens of countries from Pakistan to Kenya

Keeping schools open, the lights on and even food on the table is being threatened by debt payments from the $1 trillion Belt and Road program.

fortune.com

Yes and No, debt isn't bad; I have a heavy obligation in my business; however, how it's used to generate positive cash flow assets matters. As of yet, no single public entity is making money before and after taking on debt. So the problem isn't the debt but debt and project management.

China doesn't say take the money and buy London properties.

 

[Dalit]

Total economic collapse and default is the best thing to happen to the already poor downtrodden people of Pakistan. Only the corrupt will suffer.

Let it burn.

I am definitely not against an economic collapse of Pakistan.

 

[Imran Khan]

Wish no money for salaries of napak fauj and police

 

[N.Siddiqui]

This imminent default is by design.