Pakistan may soon be ineligible for World Bank loans

[Chak Bamu]

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

Take gutter language to the gutter (politics) section. This is economics section and should be kept clean.

 

[Zibago]

Take gutter language to the gutter (politics) section. This is economics section and should be kept clean.

Acha ji aur koyi hukam?

 

[volatile]

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

Hi im not on theories ,Im on fact next time when you quote me do some research first

http://indiatoday.intoday.in/story/...old-key-positions-at-world-bank/1/301667.html
(indian Source)
The Indian brigade
Highly qualified, talented Indians hold key positions and form the third largest ethnic group in the Bank. The question is whether India can utilise their skills.?

@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.

For you kind information all loans taken or mostly taken in last 5 years have been used on infrastrucutre projects

 

[SoulSpokesman]

Volatile,

They are just employees there, naukars not maliks. They can do jackshit.

Regards

 

[Chhatrapati]

Hi im not on theories ,Im on fact next time when you quote me do some research first

http://indiatoday.intoday.in/story/...old-key-positions-at-world-bank/1/301667.html
(indian Source)
The Indian brigade
Highly qualified, talented Indians hold key positions and form the third largest ethnic group in the Bank. The question is whether India can utilise their skills.?

Yeah, you should read that again. Most of them are American Indian. They are as Indian as Portugal Prime Minister Antonio Costa.

Also, the policies in World bank cannot be derailed by some members. The Indians holding positions are not in director boards. Decision making is done by the major investors in the Bank. You know.

For you kind information all loans taken or mostly taken in last 5 years have been used on infrastrucutre projects

No matter where they invest. They want a guaranteed return. So, they do things which make sure the money is repaid. Because they cannot have liquidates in Pakistan unlike China. They can't run business like China.

Here is an interesting read. You want more, don't mind asking. There is plenty.
http://www.reuters.com/article/us-morocco-loans-idUSBRE9B90H120131210

 

[volatile]

No matter where they invest. They want a guaranteed return. So, they do things which make sure the money is repaid. Because they cannot have liquidates in Pakistan unlike China. They can't run business like China.

That will put pressure on reserves not outflow as physical money is not transferred it is electronic and in local currency. Do you think people are that dumb .

Yeah, you should read that again. Most of them are American Indian. They are as Indian as Portugal Prime Minister Antonio Costa.

Also, the policies in World bank cannot be derailed by some members. The Indians holding positions are not in director boards. Decision making is done by the major investors in the Bank. You know.

There are many biased decisions taken by world bank in last couple of years regarding dams financing ,Diamer Basha is one example

https://www.researchsnipers.com/world-bank-adb-refuse-to-fund-diamer-bhasha-dam-project-in-pakistan/

 

[boxer_B]

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.

The most precious thing to mortgage has always been Nukes and Nuclear Walmart. Don't accuse me of trolling, this idea had been floated in Corridors of Power in Pakistan already.

Pakistan's dilemma - It will be stuck between a rock and hard place when PLAN decides to use Gawadar against USN.

US dilemma - Age old Nuclear blackmail to Pak's rescue.

 

[VCheng]

Post elections, there will have to be a focus on balance of payments and export earnings by allowing USD to appreciate.

In other words, the PKR has to be devalued to help exports. The questions are by how much, how sudden, and whether Pakistan's exporters will be able to take advantage of such a devaluation. The export boom you hope for is not assured.

 

[Stephen Cohen]

In other words, the PKR has to be devalued to help exports. The questions are by how much, how sudden, and whether Pakistan's exporters will be able to take advantage of such a devaluation. The export boom you hope for is not assured.

But devalution will increase the burden of external debt ; make imports costlier
and hence will be inflationary

With panic setting in ; devalution can result in a melt down of reserves

 

[StraightShooter]

Devaluing PKR is good for Pakistani exports. I foresee PKR to be around 120 PKR per 1 USD in the next six months.

All lenders of Pakistan including China would thank you for this step.

 

[El Sidd]

Devaluing PKR is good for Pakistani exports. I foresee PKR to be around 120 PKR per 1 USD in the next six months.

All lenders of Pakistan including China would thank you for this step.

i like how your crystal ball works.

 

[Stephen Cohen]

Devaluing PKR is good for Pakistani exports. I foresee PKR to be around 120 PKR per 1 USD in the next six months.

Devaluation is necessary but gradually ; now it will cause more damage and pain

They should have done it earlier

 

[somebozo]

with our backward industry there is no hope for export

 

[Lavrentiy]

Devaluation is inevitable. I have already hedged against the expected depreciation. Go long on dollar and short on Pak Rupee.

Dollar will reach 125 approximately.

 

[Chhatrapati]

There are many biased decisions taken by world bank in last couple of years regarding dams financing ,Diamer Basha is one example

https://www.researchsnipers.com/world-bank-adb-refuse-to-fund-diamer-bhasha-dam-project-in-pakistan/

You think any secretariat official can deny a country loan?

And ADB denied loan because India as a country objected. Because GB is a disputed territory. You claim J&K as disputed and go to World Bank whenever there is a dam construction to object. Now that we did our part.

It has nothing to do with those officials.

Devaluing PKR is good for Pakistani exports. I foresee PKR to be around 120 PKR per 1 USD in the next six months.

All lenders of Pakistan including China would thank you for this step.

It will create a massive debt crisis for Pakistan. It is better kept afloat and not depreciate manually.

Also that can lead to a recession.