Pakistan may soon be ineligible for World Bank loans

[Imad.Khan]

15 years deal is standard. Iran is under sanctions, Pakistan can't import gas till sanctions are removed. Even India backed out of IPI while agreed to import gas through TAPI.

There maybe some kick back involved but before Qatar deal no one was coming forward. Just like no one will invest in Pakistan mining sector apart from China because of our glorious record of treating foreign investors with disdain. Let's be brutally honest here, Pakistan doesn't have much options on table. Till we get out of this fucked up phase of instability. For a start stop sending elected PM to home over laws which can disqualify all 1100 law makers in country.

GCC and China come because relations are backed by establishment. Investors from rest of the world don't enjoy same privileges. They look at overall situation before investing their money.

India is the largest importer of Oil from Iran and Turkey is the largest importer of gas from Iran. India backed out of IPI that is correct however they are planning to make an under-sea pipeline direct from Iran to India to bypass Pakistan and lets not forget Indian investment in Chabahar. If these countries can deal with Iran than what is stopping Pakistan. The only reason is that we have incompetent, selfish people in the helm of the country whos only agenda to be in power is to accumulate as much wealth as possible while the country suffers as its not their concern.

 

[ziaulislam]

economical performance of current govt has been poor, but has been successfully masked by CPEC "Nara"
i agree that pakistan will end up with IMF again after 2018, under PML N I see progress, not fast but progress never the less, as nothing is worse than choas.

if we want faster growth we need better leaders

Regardless we have the potential to improve if the "educated" urban class of Lahore, multan, Faisalabad,sukkar Karachi, forgo their cultural allegiance to punjabis, sindhis/bhutto and mahjir and decide to lift Pakistan via simply voting to the right people

 

[Kabira]

economical performance of current govt has been poor, but has been successfully masked by CPEC "Nara"
i agree that pakistan will end up with IMF again after 2018, under PML N I see progress, not fast but progress never the less, as nothing is worse than choas.

if we want faster growth we need better leaders

Regardless we have the potential to improve if the "educated" urban class of Lahore, multan, Faisalabad,sukkar Karachi, forgo their cultural allegiance to punjabis, sindhis/bhutto and mahjir and decide to lift Pakistan via simply voting to the right people

PTI doesn't have magic wand, they have utterly failed in KP. All their novel ideas failed. Pakistan need political stability and improved security to attract foreign investment. Otherwise all "reforms" on papers will fail.

 

[ito]

A signal that is not good for Pakistan economy.

 

[Great Sachin]

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.

and self respect goes out of window....

Pakistan wants Kashmir from India and end up losing P O K to China.....China will be happy to see that doors are closing on Pakistan and now Pakistan has no choice but to go to china for more loans at higher interest rate.....

Pakistanis are dreaming to become another state of China...but China would never own Pakistan's problem and so forget it....

 

[Imad.Khan]

PTI doesn't have magic wand, they have utterly failed in KP. All their novel ideas failed. Pakistan need political stability and improved security to attract foreign investment. Otherwise all "reforms" on papers will fail.

Your opinion but as usual it won't be backed by any sources, right?

and self respect goes out of window....

Pakistan wants Kashmir from India and end up losing P O K to China.....China will be happy to see that doors are closing on Pakistan and now Pakistan has no choice but to go to china for more loans at higher interest rate.....

Pakistanis are dreaming to become another state of China...but China would never own Pakistan's problem and so forget it....

Lol another opinion which is furthest from the truth but drilled in your head by Indian media.

 

[fitpOsitive]

I want to see Pakistan to reach the point that every body, even china, deny us every thing. Eeeeeevery thing. At that, rulers who like to eat what is termed as lavish foods, will have to simply run away. Embargoes and deficiencies always bring blessings to countries.

 

[StraightShooter]

I want to see Pakistan to reach the point that every body, even china, deny us every thing. Eeeeeevery thing. At that, rulers who like to eat what is termed as lavish foods, will have to simply run away. Embargoes and deficiencies always bring blessings to countries.

Why do you think the lending would stop? Pakistan has enough land and resources that could be mortgaged assuming you kick sovereignty out of the window.

 

[Chhatrapati]

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

World Bank is dominated by the west. There are hardly any Indians in there. The conspiracy theories

@Topic Well, world bank loans comes with strings attached to it. They need you to reduce some subsidies and stop some freebies by the government.

I don't know if it's good or bad for Pakistan. Taking loans to service debts is not at all good. Let's see, if there is any steps by Pakistan to prevent such an issue.

 

[Chak Bamu]

I read the article yesterday and was amused by the alarmist headline.

That this thread has gone bananas over such an article is simply hilarious. People, please find something better to do than to waste your time over alarmist crap.

There shall be no change in policy until the elections in 2018. Post elections, there will have to be a focus on balance of payments and export earnings by allowing USD to appreciate. Imports will become more expensive, retailers will howl, consumers would wince painfully, & exporters would rejoice. End result would be a new equilibrium and an export boom in 2019. Simple as that.

The above scenario has nothing to do with which government or which party comes to power. It is just inevitable. So do not waste your time over two-bit pieces headlined to scare you. Use your own minds people.

 

[Stephen Cohen]

I read the article yesterday and was amused by the alarmist headline.

That this thread has gone bananas over such an article is simply hilarious. People, please find something better to do than to waste your time over alarmist crap.

There shall be no change in policy until the elections in 2018. Post elections, there will have to be a focus on balance of payments and export earnings by allowing USD to appreciate. Imports will become more expensive, retailers will howl, consumers would wince painfully, & exporters would rejoice. End result would be a new equilibrium and an export boom in 2019. Simple as that.

The above scenario has nothing to do with which government or which party comes to power. It is just inevitable. So do not waste your time over two-bit pieces headlined to scare you. Use your own minds people.

Economic deficits
https://www.dawn.com/news/1351865/economic-deficits

 

[SoulSpokesman]

CB sb,

Post elections, there will have to be a focus on balance of payments and export earnings by allowing USD to appreciate. Imports will become more expensive, retailers will howl, consumers would wince painfully, & exporters would rejoice. End result would be a new equilibrium and an export boom in 2019. Simple as that.

Good insight. Perhaps the fact that some of CPEC projects will be coming on stream will enable Pak exports. The only imponderable is political instability. Do you think it will be a good idea to have a "mere aziz humwatanon" sometime in late 2018 followed by 10 years of fauji rule. Or wud that be like recommending more afeem to the afeemchi?

Regards

 

[Zibago]

Kadam bharao nawaz sharif kuch kutay abhi bhi tumharey sath hain

 

[Śakra]

Lol they're celebrating over this news! It's like the Aesop fable about the Fox, "the grapes were sour anyways"

 

[Zibago]

Shukriya @Chak Bamu for handing me a negative rating over criticizing supporters of a disqualified crime minister