Keeping economy, CPEC intact: Pakistan seeks friends’ help to avoid IMF bailout

[Kaniska]

Nothing will happen...IMF exists because nations take loan...If IMF can not bail out Pakistan,IMF will loose another customer..These news are for public consumption only..

And again, China has invested a lot of energy with Pakistan...So China and to some extent Gulf nations will assist Pakistan..One thing for sure, although Pakistan posters are denouncing Gulf nations, but they always stood by Pakistan at their crunch time..So overall, Pakistan is still in recovery phase...They need time till 2025 where the real benifit of social and economic stability will show some results..Rather than panicking, GOV of Pakistan should take required corrective measures to stabilize nation..

 

[Samlee]

Ok No1. It hasn't. What you pulling are first and third quarter data. While you missed the 1.2% growth CAD in the second quarter. Secondly, I'm not interested in the forecast in this discussion. So leave that out. Indian IT export keeps rising at least 7% each year. Similarly, H1B's will not affect Indian economy as a whole. The companies find a way around it. You didn't check what's India's largest export commodity. PNB scandal cannot affect any of our export. It will only aid in bringing further regulations in the field.

It Is Pretty Obvious You're Oblivious To Your Economic Predicament

https://www.livemint.com/Politics/0...mber-current-account-deficit-sharply-wid.html


The Jewellery Sector Depended On Short Term Financing From Banks To Import Uncut Diamonds Which They Paid Back From Proceeds Of Exports.Now With PNB Scandal Banks Are Not Providing The Desired Funds

https://www.businesstoday.in/curren...port-gold-business-trade-lc/story/272579.html

Indian IT Exports Use To Grow At Double Digits But Has Slowed Down And Will Definitely Slow Down Further B'Coz The Service Delivery Model Depended On Liberal Visa Regimes Which Are Getting Tighter.

Should I bring the investment inflow growth? I don't need to, you are just hoping things will go your way with will's and forecasts.
I don't have a craze for taunting your economy, nor India. It has less concern for it as you are not an economic competitor. And vulnerability of our economy is correctly quantified by different credit agencies. Please do refer them in case you want to compare vulnerabilities.

You Don't Seem To Have An Idea What Is Happening To Your Economy I Am Going To Leave You To Your Blissful Ignorance

 

[Robinhood Pandey]

We Indians shouldnt be bothered by this at all. Just sit back and relax.

 

[danger007]

Meh.. 5 billion is nothing for China. They will move heaven and earth to make the vanilla project of OBOR successful. This news will sizzle off soon. Next!.

May be they will bail out now... but the point is, how long you guys going tolerate such mismanagement... unless until you guys have proper policies and governance... nothing going to change...b

 

[On the Edge]

Nothing will happen...IMF exists because nations take loan...If IMF can not bail out Pakistan,IMF will loose another customer..These news are for public consumption only..

And again, China has invested a lot of energy with Pakistan...So China and to some extent Gulf nations will assist Pakistan..One thing for sure, although Pakistan posters are denouncing Gulf nations, but they always stood by Pakistan at their crunch time..So overall, Pakistan is still in recovery phase...They need time till 2025 where the real benifit of social and economic stability will show some results..Rather than panicking, GOV of Pakistan should take required corrective measures to stabilize nation..

well I was about to ask is there any Pakistani macro economic specialist on this forum who could show some hope and read your post,

 

[SunilM]

Nothing will happen...IMF exists because nations take loan...If IMF can not bail out Pakistan,IMF will loose another customer..These news are for public consumption only..

IMF does NOT exist because nations take loans. Thats what World Bank/ADB/AIIB/IDB etc are for! IMF is a lender of last resort. Conceptually you submission is a fallacy. Pakistan is a repeat customer of the IMF. This would be the 13th time. And whats the result of all these endevours? A nation in a perpetual debt trap. Btw, it suits the western powers that Pakistan keeps approaching the IMF again and again. I mean, thats a good leverage over the sole Islamic Nuclear power. Therefore, IMF was created for customers like Pakistan but for reasons different than those set out by you.

 

[ziaulislam]

How embarrassing it is that a country like Pakistan has to beg nations for money.

If you think about it, its total mismanagement of economy, corruption and incompetence. If Pakistan is better governed, it can still live with dignity without begging. When Musharraf managed economy better, improved governance, Pakistan was not only independent of IMF, it had budget surplus. This was only 12 years ago.

Under our celebrated democracy, we have amassed so much loan liability, our economy has no capacity to pay back.

No no that was "artifical" and this is "real"

More USA funds have flowed since mushi left in from of Kerry loger bill and coalition support fund but hey as long as Pakistanis live in delusions ...jiyalas and matwals zinda bad

 

[Attila the Hun]

What with the help from China and all. Is Pakistan rich yet?

 

[Tumba]

What with the help from China and all. Is Pakistan rich yet?

pakistan has all the tich friends it needs from china to gulf and even if they mend thr ways n stop hitting usa interests in afganistan they have usa to back them up financially and usa can start giving them thr latest military goodies also as part of thr military aid annually.

Its a nightmare scenario for India if pakistan receives f-35 natural progression from f-16 for a major non nato ally and j-31 from china

 

[Chhatrapati]

It Is Pretty Obvious You're Oblivious To Your Economic Predicament

Guess you missed points from your own links. PDF economist.
expects India’s current account deficit to stand at 2 percent of GDP in the fiscal year ending in March 2018
Right, so it's more predictions based on the fiscal year that ended yesterday.

The Jewellery Sector Depended On Short Term Financing From Banks To Import Uncut Diamonds Which They Paid Back From Proceeds Of Exports.Now With PNB Scandal Banks Are Not Providing The Desired Funds

More predictions. Can you show some base change rather than how it can affect Diamond industry, no banks have yet denied credit to diamond exporters. There will be some modifications to the rules in giving credits. It doesn't mean entire industry is going to sh*t.

Indian IT Exports Use To Grow At Double Digits But Has Slowed Down And Will Definitely Slow Down Further B'Coz The Service Delivery Model Depended On Liberal Visa Regimes Which Are Getting Tighter.

Should I teach you basic math on how the percentage is added? It cannot grow at double digits forever. The GST and note ban had put some burdens on the export. And the economy is recovering and growing at 7%. Even if our CAD widens our inflation is not going up. Also, the crude import cost can be controlled with the stronger rupee. INR is not dwindling, it's going up.

 

[Samlee]

Oh Man You Don't Have The Slightest Idea How Your Arguments Are Riddled With Holes

Guess you missed points from your own links. PDF economist.
expects India’s current account deficit to stand at 2 percent of GDP in the fiscal year ending in March 2018
Right, so it's more predictions based on the fiscal year that ended yesterday.

The Man You Call A "PDF Economist" Is An ACCA Plus M.Com So Definitely Can Crunch Numbers Better Than You.Oh And Expectations Are Not Made On Wild Guesses But On Solid Statistics.And The Man "Expecting" That C/A Deficit Is None Other Than The Chief Economist Of A Prime Indian Brokerage House Never Knew "PDF Economists" Had Such High Positions In Indian Security Firms

More predictions. Can you show some base change rather than how it can affect Diamond industry, no banks have yet denied credit to diamond exporters. There will be some modifications to the rules in giving credits. It doesn't mean entire industry is going to sh*t.

Diamond Exports Have Already Started To Decrease

https://timesofindia.indiatimes.com...orts-decline-in-fy18/articleshow/61611127.cms

https://timesofindia.indiatimes.com...ewellery-see-a-9-dip/articleshow/63203900.cms

https://www.floroscent.com/gj-exports-decline-7-us-3-67-bn-february/


And The PNB Effect Has Not Even Really Started To Set In.In Your Hubris You Do Not Even Know What Is Happening In Your Country

https://economictimes.indiatimes.co...ellers-post-pnb-scam/articleshow/63296065.cms

Should I teach you basic math on how the percentage is added? It cannot grow at double digits forever. The GST and note ban had put some burdens on the export. And the economy is recovering and growing at 7%. Even if our CAD widens our inflation is not going up. Also, the crude import cost can be controlled with the stronger rupee. INR is not dwindling, it's going up.

Congratulations

https://www.moneycontrol.com/news/b...outlook-dives-2-2-percent-for-q1-2540153.html

https://www.moneycontrol.com/news/b...3-mth-low-on-fed-rate-hike-fears-2519959.html

http://businessworld.in/article/Ind...harm-For-Foreign-Investors/26-03-2018-144540/

Don't Get Too Excited By "7% Growth" Even Our Economy Was Growing Like That Back In The 2000s And The It All Went To The Dogs.Even The Slightest Provocation Can Set Off A Panic Selling For Foreign Investors