IMF Bails Out Pakistan...Again

[JX-1]

Why would they

I have met many Chinese and saudis and they don't like the govt bailing out Pakistan while they work 9-6

They are angry that why their govt are providing free money to fuel corruption and laziness in Pakistan

I am pretty sure that's how the leaders think too but they are too embraced to say no when it comes to roll overs as they know they won't get that money anyway

Ordinary saudis aren't rich they work 9-6 as well and ordinary Chinese aren't either

They probably work more then Pakistanis

Saudis are paying 20% Vat i.e more taxation then Pakistani elites

Yeah, taxpayers are a rare breed in Pakistan.

 

[PradoTLC]

name of the game is to live to fight another day. Without the bailout, there would most certainly be a default and with that at least a decade of development. Just look at Argentina, Lebanon, and Myanmar to see what stagnation looks like.

you are assuming a competent and a non criminal gov is in power.

 

[epebble]

you are assuming a competent and a non criminal gov is in power.

Even if the government is incompetent or corrupt, everything would have gone downhill, fast without IMF greenlight.

Some likely scenarios:

 

[PradoTLC]

Even if the government is incompetent or corrupt, everything would have gone downhill, fast without IMF greenlight.

Some likely scenarios:

That was our idea …

Let them burn

 

[epebble]

That was our idea …

Let them burn

"them" = 250 million people. Compare that to the bellyaching when 300 Pakistanis drowned during their voluntary migration.

 

[fatman17]

PPP went to the IMF 5 times.
PML-N went to the IMF now 4 times.
All 3 military governments went to the IMF once each (3).
PTI went to the IMF only once yet the whole blame is dropped on PTI ???

 

[SD 10]

https://twitter.com/x/status/1675096414555348994

https://twitter.com/x/status/1674869511999086611

It was good to default in long term ... but military has always gone for short term measures! we will back to default in a year or two!

 

[LeGenD]

It was good to default in long term ... but military has always gone for short term measures! we will back to default in a year or two!

Default will erode investor confidence.

 

[BamsiBey]

Isn't strange that after months of waiting how this IMF deal comes after completion of the May 9 crackdown on PTI? and that too with complete silence from the Biden admin on HR abuses, murders, torture, etc on PTI?

The 3Bn loan payments are ONLY for 9 months? What commitments and assurances are required for the next portion of the loan?

What assurances has this PDM govn't + generals have given in the IMF?

 

[SD 10]

Default will erode investor confidence.

there is zero investor confidence in pakistan, even if someone invest the secret assurances will be far greater than any benefits we will get and the country wont progress unless we default, set everything to zero, reform literally everything. They can invest 100 billions and we can talk after few years.. pakistan will be back to zero!

 

[LeGenD]

there is zero investor confidence in pakistan, even if someone invest the secret assurances will be far greater than any benefits we will get and the country wont progress unless we default, set everything to zero, reform literally everything. They can invest 100 billions and we can talk after few years.. pakistan will be back to zero!

Are you sure that this plan will work? Who will introduce reforms as per your expectations?

WE need to be realistic about evaluating our society.

 

[fitpOsitive]

https://twitter.com/x/status/1675096414555348994

https://twitter.com/x/status/1674869511999086611

It's not bailing out. It's just they lended some more money to earn more money. It's the handlers from Pakistan side who are utter wolves... They literary don't care about people.

 

[fatman17]

PPP went to the IMF 5 times.
PML-N went to the IMF now 4 times.
All 3 military governments went to the IMF once each (3).
PTI went to the IMF only once yet the whole blame is dropped on PTI ???

Pakistan is IMF debtors list No 4. But we want to be No 1. Come on let's go!

 

[nahtanbob]

Pakistan is IMF debtors list No 4. But we want to be No 1. Come on let's go!

IMF has to loan you $$$ to get there

 

[fatman17]

IMF has to loan you $$$ to get there

Oh they will. Not to worry. Pakistan governments are experts in sacrificing the people to get $$$