Puffin
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This does not cover even one hundredth of the debtPakistan can sell these assets now and clear all oustanding debts.
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This does not cover even one hundredth of the debtPakistan can sell these assets now and clear all oustanding debts.
If UAE does not give the right price then we can always sell them to China.
Similarly, as of October 2021, external Debt of Pakistan is now around US$121.75 billion.[7]Pakistan owes US$11.3 billion to Paris Club, US$33.1 billion to multilateral donors, US$7.4 billion to International Monetary Fund, and US$12 billion to international bonds such as Eurobond, and sukuk.[7] About 15% of the external debt which is estimated around US$17.1 billion (6.15% of GDP) is owed to Chinadue to China-Pakistan Economic Corridor.[8]
No wonder we are in a mess because there are people like you with this level of understanding.This is a masterstroke by the incumbent adminsitartion and It is win-win for Pakistan.
Pakistan can sell these assets now and clear all oustanding debts.
If Pakistan's economy does not not pick up speed fast enough then UAE and Qatar will take the losses.
If Pakistan's economy increases exponentially, Pakistan can always nationalize these assets and ask these foreigner to leave.
No wonder we are in a mess because there are people like you with this level of understanding.