What's new

No Debt burden on Pakistan. Pakistani debt the most soft in the world.

BHarwana

MODERATOR
Joined
Sep 24, 2016
Messages
24,827
Reaction score
20
Country
Pakistan
Location
Pakistan

IMG_20180802_103230.png
 
. . .
Why not every country is running on loans and Pakistan has the least worry about it.

Lol this is a reality check for India who debt is far more and for far more interest and far less time period.

Well every country is running on loans yes, but they also have much better economies, better taxation, and more capable people to run their countries than Pakistan does. Like just because USA has more debt than Pakistan doesn’t mean Pakistan is a better country.
 
.
Plus Pakistan doesn’t really have anyway to pay those loans. Exports of Pakistan are low value commodities such as clothing and rice. Clothing and rice and such aren’t suitable exports for a country of 220 million people
 
.
Plus Pakistan doesn’t really have anyway to pay those loans. Exports of Pakistan are low value commodities such as clothing and rice. Clothing and rice and such aren’t suitable exports for a country of 220 million people

Pakistan has enough resources to pay that debt we have open market access to China. Plus Chinese companies are racing into Pakistan. Every day 2 to 3 multinational companies are stepping into Pakistan. 30 years is a very easy time period and a better reformed govt is in place. Pakistan will be the fastest emerging market in the world. New statement issued by China is to fast track CPEC and complete all projects in far less time. It will be made public any time today.
 
.
Why not every country is running on loans and Pakistan has the least worry about it.

Lol this is a reality check for India who debt is far more and for far more interest and far less time period.
First of all debt is not good just keep thing straight ...

Secondly India's debt is higher but their income from foreign sources is also higher so they can pay the installments but with increasing trade deficit we are unable to pay the installments ...

We cannot make correction unless we recognize the problem ... debt is problem for us lets recognize it first ...
 
.
First of all debt is not good just keep thing straight ...

Secondly India's debt is higher but their income from foreign sources is also higher so they can pay the installments but with increasing trade deficit we are unable to pay the installments ...

We cannot make correction unless we recognize the problem ... debt is problem for us lets recognize it first ...

Debt is a problem because media is saying. Pakistan can pay back much higher debts if country is run by good governance. Every country makes development on debt. Pakistani debt is payable in 30 years to China. That is not a problem the problem is debt which PMLN took from other institutes.
 
.
Plus Pakistan doesn’t really have anyway to pay those loans. Exports of Pakistan are low value commodities such as clothing and rice. Clothing and rice and such aren’t suitable exports for a country of 220 million people

First of all debt is not good just keep thing straight ...

Secondly India's debt is higher but their income from foreign sources is also higher so they can pay the installments but with increasing trade deficit we are unable to pay the installments ...

We cannot make correction unless we recognize the problem ... debt is problem for us lets recognize it first ...
Couldn't have agreed on more then that,but teaching that guy is impossible,it like makeing camel sit and fit into rickshaw.
Pakistani is facing life threatning sitution.Empty treasury and huge trade defict is no joke.USSR with 7000 warheads still succmbed die to bad econmey.
Loan cycle and debt trap are no jokes.
 
.
If currency value can vary so much due to current account deficit then all figures of expressing gdp in nominal term is misleading .
 
.
Either way debt isn’t good.

You're right - debt isn't good, but if you have no wealth, the debt is a good alternative, if you then use it to generate wealth.

If you are borrowing to pay bills, you are in trouble. If you are borrowing to buy things you desperately need, it's not good. The only positive borrowing is borrowing capital to make money.
 
. .
Pakistan has enough resources to pay that debt we have open market access to China. Plus Chinese companies are racing into Pakistan. Every day 2 to 3 multinational companies are stepping into Pakistan. 30 years is a very easy time period and a better reformed govt is in place. Pakistan will be the fastest emerging market in the world. New statement issued by China is to fast track CPEC and complete all projects in far less time. It will be made public any time today.

Great, but the real shame is why our own people aren't setting up companies. We'll regret it one day.
 
. .
Great, but the real shame is why our own people aren't setting up companies. We'll regret it one day.
These are multinational companies and the brand concept in Pakistan is just a story of recent days. Plus Pakistan went through US sanctions which made things bad for us.
 
.

Pakistan Defence Latest Posts

Pakistan Affairs Latest Posts

Back
Top Bottom