Mushraff Worried by Pakistans $90 billion debt & CPEC debt interest

[kris]

VERY VERY INTERESTING VEDIO

Mushraff confirms between 1999- 2017 Pakistani debt has risen nearly three fold

FROM $38 billion to $90 billion

THAT CHINA IS CHARGING 8% LOAN INTREST on CPEC loans to PAKISTAN

HE has concerned unless CPEC works Pakistan will not be able to service this debt

Hahahaha....
If it's 8%interest China is taking Pakistan for granted... not sure how much cuts goes to politicians..

For information , recently srilanka got money from China at 2% interest.
Afaik Chinese business persons get at 5%.

Seems your iron brother is squeezing you in iron fist

Yes we can

You may compare when you reach to respective economic clout

So Pakistan shouldn't have invested on CPEC, energy sectors, Motorways and its expansions, Metro projects, Military operations?

They all cost money. Thanks to Musharraf's exit strategy with Zardari, PMLN was forced to take loans to invest on fast-tracking CPEC, invest on the energy sectors [wind, solar, hydro,...etc], military projects that expanded cost real money, and metro projects to lessen the congested areas largely.

Musharraf has done nothing in regards to military project [against TTP, not to mention TTP was born in his ruling], allowed MQM to ruin the only major economical port of Pakistan, and no investment on the energy sector except one project that was dead-end finally revived in 2013 to discard the project later [or not; not sure] to funnel more money on other energy projects as mentioned above.

Thanks to Musharraf and his policy which allowed Zardari to succeed him as leader of Pakistan, Pakistan economy took huge hit which to this day still stabilizing the economy and a lot more needed to do in the future.

Musharraf seems bitter that Nawaz Sharif has been able to stabilize the economy left in ruins by Musharraf. It is good that General Raheel grilled him and knocked him some sense after he allegedly undermined the government in the year of 2014 according to the rumor which backfired nicely. And then the military operation carried on and expanded all the way to Karachi against MQM which didn't sit well with Musharraf.

Investment in infra is always good..

 

[SHAH820]

This $90 billion USD was first reported by The Tribune--we all know whos behind this news outlet-- in Dec 2015--estimated by a former minister Dr. Pasha.
His estimated figures even surpass those made by IMF. So the assumptions made by a single person is more credible than the calculations made by an designated International Organization. Even now, some of the information related to CPEC projects is confidental but the persumption of a finance minister and this $90 billion figure...

Pakistani Debt
90,000,000,000 (9 Zeros)

US Debt
20,000,000,000,000 (12 Zeros)

Indian Debt
470,000,000,000 (9 Zeros)

Japan Debt
10,000,000,000,000 (12 Zeros)


So go to sleep

Pakistan to US Ratio 20,000 : 9
Pakistan to Japan 10,000 : 10

Musharaf has some valid point.If road and port being built for use of mainly China then it should Chinese direct investment.Surprisingly China got a big deal and what Pakistan will get no body knows but with 8 % interest after 30 years 75 billion will became 160 billion dollars. Even if Pakistan gets 1 billion dollar per year which is unlikely it cannot repay the loan from earnings of cpec.

USA and Japan have world class infrastructure for their debt

Pakistan has about the same debt %age wise as India. It's normal for a developing country to accumulate debt.

Our point of view was about previous debt though CPEC investment does not included in this but to the some extent, may be Musharraf mixed it up. However, debt is around 75 and once CPEC reached the point of full swing, I see debt decline quickly as this project alone is going to pay a-lot. Remember, our ruling party FM is not a trust worthy/true person when it comes to finance etc as for political points scoring, can go to any limit hence, can lie big.

i thought the investment was an investment not a loan.

investment is about $35 billion and $11 billion are loan with 2% interest rate

$90 billion is the worst case scenario..And to be paid on the course of 30 years..
The whole dept can be covered by a minimally functional CPEC/silk road and Gwadar.. when the projects will go full gear, everything will be just profit and new income to Pakistan and that is in the 2 progressively to the 3 figures in billions of dollars..

Hahahaha....
If it's 8%interest China is taking Pakistan for granted... not sure how much cuts goes to politicians..

For information , recently srilanka got money from China at 2% interest.
Afaik Chinese business persons get at 5%.

Seems your iron brother is squeezing you in iron fist


You may compare when you reach to respective economic clout


Investment in infra is always good..

please correct your self and also read about CPEC before talking about it

 

[Mrc]

VERY VERY INTERESTING VEDIO

Mushraff confirms between 1999- 2017 Pakistani debt has risen nearly three fold

FROM $38 billion to $90 billion

THAT CHINA IS CHARGING 8% LOAN INTREST on CPEC loans to PAKISTAN

HE has concerned unless CPEC works Pakistan will not be able to service this debt

If it was for musharaf... he will kick the chinese out and surrender pak to americans...

Biggest disappointment of my life has been musharaf...

He never explained how he bought flats in central london and villas in dubai on a generals salary... did he?? I may have missed that

 

[kris]

investment is about $35 billion and $11 billion are loan with 2% interest rate


View attachment 384961
please correct your self and also read about CPEC before talking about it

As per your quote, 35billion$ in IPP mode - in which government has agreed to buy energy in long term..
Leaving aside the facts regarding exact amount, how much were the private players being offered.
Though out of context, is it on par with local private players?
Does Pakistani grid support such rapid increase?
Will govt pay interest for power plant infra( which means Pakistan owns it) or pays interest to China.

Has govt of China or Pak divulged info about interest rates?

If it was for musharaf... he will kick the chinese out and surrender pak to americans...

Biggest disappointment of my life has been musharaf...

He never explained how he bought flats in central london and villas in dubai on a generals salary... did he?? I may have missed that

Do you mean your current govt sold itself to China?

 

[SHAH820]

If it was for musharaf... he will kick the chinese out and surrender pak to americans...

Biggest disappointment of my life has been musharaf...

He never explained how he bought flats in central london and villas in dubai on a generals salary... did he?? I may have missed that

he did said in a talk show that dubai flats is gifted by the prince due to his close relation ship but its not his more likely for staying for some time london flats were from the money he earned from the talk shows,lectures which he use to give in other universities and programs etc etc

As per your quote, 35billion$ in IPP mode - in which government has agreed to buy energy in long term..
Leaving aside the facts regarding exact amount, how much were the private players being offered.
Though out of context, is it on par with local private players?
Does Pakistani grid support such rapid increase?
Will govt pay interest for power plant infra( which means Pakistan owns it) or pays interest to China.

Has govt of China or Pak divulged info about interest rates?


Do you mean your current govt sold itself to China?

please my friend if you want to stay on this forum stop trolling and answer after learning about things i recommend you read about CPEC most of the energy project (almost every) are being made by chinese companies but will be control by pakistan's private companies (coal power plant in karachi will be control by fauji fertilizer hub coal power plant is balochistan old power plant which is upgraded chasma nuclear plant is also being upgraded under CPEC) only cause there is no or very little tax on chinese machinery and and engineers and etc which making them cheaper and by combining local work force and engineers it will make them more cheaper

$35 billion are FDI and $11 billions are loan which going to be paid by with 2% interest

 

[kris]

he did he said in a talk show that dubai flats is gifted by the prince due to his close relation ship but its not his more likely for staying for some time london flats were from the money he earned from the talk shows,lectures which he use to give in other universities and programs etc etc

Recently a quatari prince also got gifted by Nawaz for his gift

he did said in a talk show that dubai flats is gifted by the prince due to his close relation ship but its not his more likely for staying for some time london flats were from the money he earned from the talk shows,lectures which he use to give in other universities and programs etc etc


please my friend if you want to stay on this forum stop trolling and answer after learning about things i recommend you read about CPEC most of the energy project (almost every) are being made by chinese companies but will be control by pakistan's private companies (coal power plant in karachi will be control by fauji fertilizer hub coal power plant is balochistan old power plant which is upgraded chasma nuclear plant is also being upgraded under CPEC) only cause there is no or very little tax on chinese machinery and and engineers and etc which making them cheaper and by combining local work force and engineers it will make them more cheaper

$35 billion are FDI and $11 billions are loan which going to be paid by with 2% interest

When did I troll??
So only 11 billion$ is loan amount?

My question whether Pak govt has released public data is still unanswered

 

[SHAH820]

Recently a quatari prince also got gifted by Nawaz for his gift

When did I troll??
So only 11 billion$ is loan amount?

My question whether Pak govt has released public data is still unanswered

there is an website for CPEC but the detail of every penny will not be release due to their corruption
i.e few project are included in CPEC and also in govt project but funds will be release under govt project like 1billion project (undergovt) and it only cost 800million(under cpec) for same project and 200 million will go in their pocket but they are low scale project mostly roads

 

[Guynextdoor2]

Pakistani Debt
90,000,000,000 (9 Zeros)

US Debt
20,000,000,000,000 (12 Zeros)

Indian Debt
470,000,000,000 (9 Zeros)

Japan Debt
10,000,000,000,000 (12 Zeros)


So go to sleep

Pakistan to US Ratio 20,000 : 9
Pakistan to Japan 10,000 : 10

Neither India nor US has promised a 27% return on Investment on anything with an accompanying 8% insurance allocation for CPEC projects. From what I hear that's what you guys are giving the chinese, along with a brigade strength security force over and above. This is very very serious stuff. You may want to be more awake.

 

[SHAH820]

Neither India nor US has promised a 27% return on Investment on anything with an accompanying 8% insurance allocation for CPEC projects. From what I hear that's what you guys are giving the chinese, along with a brigade strength security force over and above. This is very very serious stuff. You may want to be more awake.

investment is about $35 billion and $11 billion are loan with 2% interest rate


View attachment 384961
please correct your self and also read about CPEC before talking about it

 

[Guynextdoor2]

you better take a close look at this stuff man. Looks like you've made 'commitments' over and above the 2% interest they're telling you. And it is well known that the Chinese have insisted on large insurance premiums and additional brigade level protection.

 

[kris]

Chinese are getting more than they have asked for

 

[SHAH820]

you better take a close look at this stuff man. Looks like you've made 'commitments' over and above the 2% interest they're telling you. And it is well known that the Chinese have insisted on large insurance premiums and additional brigade level protection.

ok if its more then (which is not, confirmed by ministry of planing ) how much $11 billions will become in 8% interest where when oil trade starts pakistan will receives $5 billion only to transfer oil from gwadar to china and not talking about rest of the trade which will be huge

 

[Guynextdoor2]

ok if its more then (which is not, confirmed by ministry of planing ) how much $11 billions will become in 8% interest where when oil trade starts pakistan will receives $5 billion only to transfer oil from gwadar to china and not talking about rest of the trade which will be huge

If you take a loan of 1 crore on 8% for 30 years, you'll end up paying a total of about 2.3 crore. And here the rumor is that the rate is much higher. All the goods passing through gawadar and CPEC you'll get maybe 1% of value. I'm guessing the oil, if going through pipeline will get you even less.

 

[EndangeredSpecies]

Pakistani Debt
90,000,000,000 (9 Zeros)

US Debt
20,000,000,000,000 (12 Zeros)

Indian Debt
470,000,000,000 (9 Zeros)

Japan Debt
10,000,000,000,000 (12 Zeros)


So go to sleep

Pakistan to US Ratio 20,000 : 9
Pakistan to Japan 10,000 : 10

As they say devil is in the details.
1. US has an enviable position of having a national currency in which all the debts are there. So, it has less to worry about growing debt. It will catch up with them but they have much longer.

2. India : India's forex reserve is much bigger. It helps to cover 70% of our debts.

3. Pakistan : They have neither of above.

 

[Laozi]

when oil trade starts pakistan will receives $5 billion only to transfer oil from gwadar to chin

That is extremely good news for Pakistan. If this figure is correct then Pakistan will not only be able to repay the liabilities easily but will make solid economic progress

So whats the bitching and moaning by Indians ? Like serioulsy these loser cant even digest simple things. Talk about inferiority complex

5 Billion dollars as quoted above = 524000000000 rupees PKR
assuming toll per Oil Trailer is charged at 5k PKR then dividing 5 billion dollars by 5000
104800000 is the annual Truck Trailers will have to ply on CPEC
to get daily numbers of trucks trailers divide by 365
287123 Trailers per day is the figure
Assuming the length of a Trailer = 40 ft or 12 metre then multiply it by 12 metre
3445480 metre is the length of Trailers standing on CPEC per day
OR 3445 kilometre ( if trucks are standing one behind the other )
BUT the total length of CPEC is 2442 kilometre

OF course we can't digest simple things