Pakistan Led By PM Imran Signs 15 MoUs With Beijing In Diverse Fields

[Lincoln]

China is sitting on 3000 billion dollars in forex reserves .

Dripping in cash.

They have given you guys nothing .

Imran .will have expected more you guys need cash not promises

China has helped Pakistan again and again although it isn't their job, they're a country; not a relief fund. It would not be appropriate for us to look at China for help instead of working our own way out of the mess we have created, China has already helped us in that regard as well by providing immense opportunities to attract investment.

 

[Hakikat ve Hikmet]

IK is like "Don't just give us fish, show us how to fish"!! He's a prudent leader....

 

[jupiter2007]

IK is like "Don't just give us fish, show us how to fish"!! He's a prudent leader....

IK want to fix the system/s so after he leaves system will continue to run.


I would have love to see some real MOU between Pakistan and China.

MOU on Auto Industry (investment and transfer of technology)
MOU on Science & Technology
MoU on Cyber Security
MOU on Energy Cooperation
MoU on Petroleum and Natural Gas
MoU on Agriculture technology
Mou Air Transport Agreement

 

[Baghial]

View attachment 516236

MOU----'?? Wait in line------

 

[Nilgiri]

China is sitting on 3000 billion dollars in forex reserves .

Dripping in cash.

Forex does not equal easy cash to be given away. Just because a dam is holding back a lot of water in reservoir, does not mean that water should be wasted or used in less than optimal way.

China maintains this large stockpile for basically one very important reason (for itself)....to keep their currency undervalued vis a vis USD (and thus global liquidity reference). In a way its a 3 trillion dollar subsidy for their employment+investment level....even a small amount that is wasted (or does not get a decent ROI) means precarious situation for many Chinese jobs and investment flows.

 

[nahtanbob]

China has helped Pakistan again and again although it isn't their job, they're a country; not a relief fund. It would not be appropriate for us to look at China for help instead of working our own way out of the mess we have created, China has already helped us in that regard as well by providing immense opportunities to attract investment.

what is the IMF and Saudi Arabia ? your kitty bank ?

 

[jupiter2007]

what is the IMF and Saudi Arabia ? your kitty bank ?

Until and unless all the holes are plugged, our reserves will continue to deplete.
All system have to be transparent and yearly audit needs to be done to prevent corruption.

 

[Adam WANG SHANGHAI MEGA]

Thanks to our ironclad ally China, we will get out of this economic mess.

making money not chaos!

exactly what are consuming pakistani bros foreign reserve?!

i do not understand why pkaistan should spend 8 billions USD in one month to import exactly what?

 

[Zibago]

exactly what are consuming pakistani bros foreign reserve?!

Oil payments and debt servicing

 

[Adam WANG SHANGHAI MEGA]

Oil payments and debt servicing

can we reduce oil import volume?
do not get me wrong pakistani bros but i feel pakistani foreign reserve are always in shortage.
i hope pak gov can spend the money based on the taxes thst it can get!

 

[Zibago]

can we reduce oil import volume?
do not get me wrong pakistani bros but i feel pakistani foreign reserve are always in shortage.
i hope pak gov can spend the money based on the taxes thst it can get!

For that we have to shift the way we produce electricity but that takes time
It will happen but not over night
https://tribune.com.pk/story/1841182/2-energy-shift-furnace-oil-imports-plunge-90-four-months/

 

[Lincoln]

what is the IMF and Saudi Arabia ? your kitty bank ?

I am not sure if you are pretending or what. IMF is certainly not a country, it is, as the names applies, a literal International Monetary Fund.

If Saudi Arabia helped, its fine, although not as appropiate. We shouldn't expect help from countries for our own mess and indecisiveness.

 

[nahtanbob]

I am not sure if you are pretending or what. IMF is certainly not a country, it is, as the names applies, a literal International Monetary Fund.

If Saudi Arabia helped, its fine, although not as appropiate. We shouldn't expect help from countries for our own mess and indecisiveness.

The expectation of some in your media and government would indicate otherwise

making money not chaos!

exactly what are consuming pakistani bros foreign reserve?!

i do not understand why pkaistan should spend 8 billions USD in one month to import exactly what?

oil and pay off existing debts

 

[maximuswarrior]

If China is sitting on 3000 billion dollars of reserves it is their own hard earned money. In 1980 I can still recall an entire nation using bicycles to move to work. Hearing stories of how hard they worked to get to the top. China has done more than enough for Pakistan. They have given us many dams and many techs plus this visit of our PM to China is a success because after this visit has FM announced the end to balance of payments crisis.

China has done an incredible amount for Pakistan. CPEC is the jewel crown. Chibia will continue to help Pakistan. Both financialky and otherwise.

 

[nahtanbob]

China has done an incredible amount for Pakistan. CPEC is the jewel crown. Chibia will continue to help Pakistan. Both financialky and otherwise.

If that is the case why go to the IMF ?