Pakistan may soon be ineligible for World Bank loans

[El Sidd]

So where do you see the PKR going in the next few months?

Hopefully upwards. But as i said in a world of floating currency it's anybody's guess.

 

[Hakikat ve Hikmet]

I am a teacher. I teach. To all types of students.

Then you assume everything but responsibility!!!!!

 

[DavidSling]

Once Pakistan becomes a province of China the CCP will have plenty of money to bail it out.

No need for @stephen Colbert to worry.

Pakistan is a tool for China, as Israel is a tool for United States, or Syria is a tool for Russia.
China might help Pakistan against India and try to stabilize it's economy, but that's it

 

[VCheng]

Hopefully upwards. But as i said in a world of floating currency it's anybody's guess.

Hope is good. But all indicators suggest the PKR falling by about 20-25%, and relatively soon. The adjustment will be painful.

 

[SorryNotSorry]

Pakistan may soon become ineligible for financial assistance from one of the two main arms of the World Bank Group – the International Bank for Reconstruction and Development (IBRD), as the country’s official foreign currency reserves are rapidly getting slimmer.

How is this good news for Pakistan? LOL
"WAKE UP AND SMELL THE COFFEE !!!"

 

[El Sidd]

Hope is good. But all indicators suggest the PKR falling by about 20-25%, and relatively soon. The adjustment will be painful.

Indicators are as good as the next bell at the stock exchange tomorrow morning.

What were the indicators for Brexit?

Opinions predictions indications are just that. Nothing more nothing less.

Actually its smart to invest in Pakistan right now before the eventuality of some sort of kafeel system takes shape. Which PDP believes in thoroughly.

How is this good news for Pakistan? LOL
"WAKE UP AND SMELL THE COFFEE !!!"

It smells black enough

 

[SorryNotSorry]

Indicators are as good as the next bell at the stock exchange tomorrow morning.

What were the indicators for Brexit?

Opinions predictions indications are just that. Nothing more nothing less.

Actually its smart to invest in Pakistan right now before the eventuality of some sort of kafeel system takes shape. Which PDP believes in thoroughly.

Chacha ji tussi apnu Britain samjde aa?

 

[Kabira]

This isn't good news, stupid people. WB only give loans for development projects and not handouts like IMF. Projects which usually pay back itself.

 

[El Sidd]

Chacha ji tussi apnu Britain samjde aa?

Pakistan kaafi hai mere colonial zehni ghulaam.

This isn't good news, stupid people. WB only give loans for development projects and not handouts like IMF. Projects which usually pay back itself.

Haye haye motorway kaun banaega.

Danish schools me bache 3D printing seekh gaye hain. Wo bana lenge.

 

[SorryNotSorry]

Pakistan kaafi hai mere colonial zehni ghulaam.

Oh veere come back to reality, and take a big sip of that black coffee you mentioned above.

Maybe then, you'll realize what this news tells you about the Pak economy. Your foreign currency reserves are declining- and thats why it might be impossible for Pak to get loans in the future.

Your stance on this matter reminds me of an old Punjabi saying- " Anna Kutta Hirni Maggar " which translated to english literally means- "the blind dog is chasing the deer". For a nation that has no industrial backbone, low education and poor infra- this is bad news. You choose to think otherwise and say this will in turn help the Pakistan economy.

And no- Im no colonial zehni ghulaam. Thank you very much

 

[cocomo]

I am just the Messenger ; It is your problem

We do watch your problems with keen interest

after all we are enemies

I think you should be banned from this forum for harboring anti-Pakistan feelings. Indians are given free reign on this forum to propagate their filth. Alternatively there should be mandatory ads put on Indian traffic to maximize the revenue.

 

[Imad.Khan]

Hope is good. But all indicators suggest the PKR falling by about 20-25%, and relatively soon. The adjustment will be painful.

I also think this would be a good thing in the long run. I agree that initially it will be painful but there is no gain without pain.

My reasons are that Pakistan is already under tremendous burden of debt and the people in power just keep going for more loans in the name of development funds and then they make deals with other countries that are not beneficial for Pakistan, the 15 years deal with Qatar for LNG terminal is a perfect example where the govt took a loan for a project that was not needed and then made a deal with Qatar for which Pakistan pays a huge daily fee for everyday that no work is done at the terminal.

Now if there are no venues for these incompetent leaders to get more loans then they would not be able to make anymore shady deals or atleast it will be much harder for them to make such deals.

But on the other hand i don't think that WB will stop giving loans, call me a conspiracy theorist but the fact is that the banks like to control countries by keeping them under debt and i don't think they would stop doing that anytime soon.

 

[mikkix]

It seems like PMLN may not form next government after looking at the economic condition which is worst. PMLN always looted nations wealth with the help of bearucracy and when bearucracy finds that the rubber band is stretched too much then they handover the government to other players. Since 1989 history teaches us the same.

 

[Sam Vaish]

I think you should be banned from this forum for harboring anti-Pakistan feelings. Indians are given free reign on this forum to propagate their filth. Alternatively there should be mandatory ads put on Indian traffic to maximize the revenue.

Who says this is anti Pakistan. No one abusing you. He has just highlighted the current situation of Pakistan's economy. Can't you just accept the truth.

 

[volatile]

Indians sitting in world bank already has denied for some strategic projects such as Dams so whats new ? We will survive that is bottom line