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How long before the inevitable Default?

How soon can Pakistan default?

  • 1 month

    Votes: 4 6.7%
  • 3 months

    Votes: 17 28.3%
  • 6 months

    Votes: 13 21.7%
  • 12 months

    Votes: 3 5.0%
  • Default? We're Lumber 1 Economy!

    Votes: 23 38.3%

  • Total voters
    60
  • Poll closed .
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If SL was that bad, our cricket boys would nit be playing test matches there……
 
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Pakistan will not default on its debt: One: Pakistan's industrial exports can earn foreign exchange and will not dry up the country.
Second: Although Pakistan does have the risk of default in international payments, many countries and international institutions, including China, have decided to roll over its debt, which greatly reduces the risk of debt repayment.
Third: Pakistan will soon receive a bailout loan of nearly 1 billion US dollars from the International Monetary Fund to boost its debt repayment ability and avoid the debt crisis from becoming the last straw that crushes Pakistan;
Fourth: Because of the China-Pakistan Economic Corridor, China will not sit idly by Pakistan's economic crisis and debt default. To this end, China has provided Pakistan with US$2.3 billion in emergency loans and US$4 billion in debt rollovers, helping it increase its foreign reserves and resist the risk of international payments imbalance.
Barrister Hamid Bashani says Pakistan will not be able to repay the Principal amount even in 50 years. It is just borrowing to pay back interest payments only. He says Pakistan has never paid back Principal in 75 years of its existence.

 
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Actually, whatever condition we are in today, India was there similarly in 1991.

Anyway, topic is Pakistan, let's stick to it.
Wonderful opportunity for your country. The next 20 yrs could be growth if you play your cards well. But, will your political-military class bite the bullet.
What a mess you guys have put yourselves into.

Though I don't think will default.
 
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