Pakistan owes $11.547b debt of Paris Club’

[N.Siddiqui]

Asian Infrastructure Investment Bank is not owned by china stop diverting we were taking out our money see who has the second highest stake

Lol, Paris club is an international body that gives development related loans, not specific to France.

Even so what is the dichotomy here...the govt had crackdown on protests. It's not that govt support the anti france rhetoric by some organization.

Pakistan state has good relations which matters.

 

[Bambi]

Lol, Paris club is an international body that gives development related loans, not specific to France.

Even so what is the dichotomy here...the govt had crackdown on protests. It's not that govt support the anti france rhetoric by some organization.

Pakistan state has good relations which matters.

out of which outstanding bilateral loan of France stood at $1.748 billion, the official data shows. Islamabad had to pay millions of dollars to France alone per annum on account of amortization in shape of both principal and mark-up of loan amounts over the medium term.

 

[N.Siddiqui]

out of which outstanding bilateral loan of France stood at $1.748 billion, the official data shows. Islamabad had to pay millions of dollars to France alone per annum on account of amortization in shape of both principal and mark-up of loan amounts over the medium term.

What is your point and what are you alluding to...

Yes a group of people protested, the govt doesn't supported it, had a crackdown.

How is this anything relevant and hypocritical, relations are between states not dictated by a group.

Just as many Indians protested against China, boycotting products...but Indian state has good trade relationship with China, perceived as an enemy country...here lies the dichotomy.

Pakistan doesn't perceive France as an enemy country.

 

[Bambi]

What is your point and what are you alluding to...

Yes a group of people protested, the govt doesn't supported it, had a crackdown.

How is this anything relevant and hypocritical, relations are between states not dictated by a group.

Just as many Indians protested against China, boycotting products...but Indian state has good trade relationship with China, perceived as an enemy country...here lies the dichotomy.

Pakistan doesn't perceive France as an enemy country.

Ok

Pakistan doesn't perceive France as an enemy country.

 

[Type59]

Whats soo surprising? Debt is unavoidable for countries. All countries run on I.O.Us.

 

[Shabi1]

I never understand that Why does Pakistan need to take loan and also depends on China, US, France, UK, Saudi or other countries?

Bangladesh is a good example that was part of Pakistan. They are doing much better than Pakistan.. Pakistan should study and work for the same.

Comparison with Bangladesh doesnt work.
Pakistan has been at a constant state of war with various factions of terrorists last two decades because of supporting the US WOT and in the 80s (Afghan War). Took record number of Afghan refugees and businesses failed to invite investment as weren't competitive because of terrorism.

Sharing official gov doc outlining $123.13bn losses because of war on terror for just 16yrs till 2017. And this doesn't include the human losses and the additional expenses by the armed forces. Remember this is the same period Bangladesh made great progress, even several Pakistani manufacturers shifted factories to Bangladesh in this period.

http://finance.gov.pk/survey/chapters_17/Annex_IV_War.pdf

Most of the borrowing was because previous governments artificially stabilized PKR by pumping in borrowed dollars this is a short term measure meant easing inflation during their tenures, this is no longer the case and PKR value now on free market mode. Things are normalizing and figures will improve now on. Pakistan is also making massive loan and interest repayments as they are becoming due now. So lessons have been learnt and something is being done.

 

[AZ1]

This is what annoys me about certain members on here, as well as Pakistanis who scream and shout, but have no clue how international relations work, nor do they understand what Pakistan's actual situation is.

They have no idea what the impact will be, if Pakistani-French relations sever, and it won't just be this loan that Pakistan will have to worry about.

Kindly share if you know thanks

 

[Aryeih Leib]

Wise men says...
Charity begins at home...

‘Modi took loan from China even when Indian soldiers were dying at borders’

Attacking Prime Minister Narendra Modi, the AAP on Wednesday said that even after Indian soldiers were killed at the border, the Central government allegedly took thousands of crores of rupees as loan

www.thehindu.com

Dude please do some research first

Taking back our own Money isn't loan

We have 2nd highest stake in ADB

 

[N.Siddiqui]

Dude please do some research first

Taking back our own Money isn't loan

We have 2nd highest stake in ADB

Refer to my earlier posts...

 

[xyx007]

This is all i can say , the big threat to pakistani security is our bureaucracy not france or india. Becuase of bureaucracy the pakistani people are suffering much .

 

[Raj-Hindustani]

Comparison with Bangladesh doesnt work.
Pakistan has been at a constant state of war with various factions of terrorists last two decades because of supporting the US WOT and in the 80s (Afghan War). Took record number of Afghan refugees and businesses failed to invite investment as weren't competitive because of terrorism.

Sharing official gov doc outlining $123.13bn losses because of war on terror for just 16yrs till 2017. And this doesn't include the human losses and the additional expenses by the armed forces. Remember this is the same period Bangladesh made great progress, even several Pakistani manufacturers shifted factories to Bangladesh in this period.

http://finance.gov.pk/survey/chapters_17/Annex_IV_War.pdf

Most of the borrowing was because previous governments artificially stabilized PKR by pumping in borrowed dollars this is a short term measure meant easing inflation during their tenures, this is no longer the case and PKR value now on free market mode. Things are normalizing and figures will improve now on. Pakistan is also making massive loan and interest repayments as they are becoming due now. So lessons have been learnt and something is being done.

How much got from the US for support, any data?

 

[maithil]

Rather than this billion dollar loan amount, bigger worry for Pakistan should be the preferential market access EU has given. If that status is taken away , expect many industrial plants to shutter down.

 

[Shabi1]

How much got from the US for support, any data?

The US had sanctioned $33.4 billion for reimbursements to Pakistan (spread out to a number of years) out of which 44% ($14.7Bn) of which was on account of logistics services owed to Pakistan.

Out of this Pakistan got $18.8Bn (in 16yrs) before it was stopped which is peanuts compared to $123.13bn losses (2017) as these were conditional payouts, where Pakistan could spend on US suppliers and consultants only.

This is the reason why AH-1Z deal and any other US hardware deal is stalled, Pakistan still has reimbursements owed to it for logistics and wants to adjust against that, Trump said Pakistan has to pay and talks went no where. Things could change depending upon Afghanistan exit.

War on terror aid: Pakistan received $33.4bn from US | The Express Tribune

44% of the amount given on account of services Islamabad rendered to support US anti-terror drive

tribune.com.pk

"
Compared to the actual foreign aid of $18.8 billion to Pakistan, the finance ministry’s statistics showed that Islamabad sustained $123.13 billion losses on account of the war against terrorism since 9/11.

But Washington’s economic leverage over Islamabad has significantly reduced since 2014, as it came down to $1.6 billion per annum against the average of $2.3 billion per annum between 2002 and 2013.

This includes reimbursements from the Coalition Support Fund (CSF) that is technically not aid but service payments for providing logistical and operational support to the US-led military operations in Afghanistan.

By excluding the CSF-related payments to Pakistan, US assistance to Pakistan from 2014 to 2016 was $810 million per annum against the average of $1.4 billion during the 2002-2013 period, according to the statistics.

The flow of funds from the US to Pakistan saw another drastic reduction in 2017. US economic assistance historically remained around 1% of Pakistan’s budget, which can easily be met from other sources.
"

 

[Qmjd]

This is what annoys me about certain members on here, as well as Pakistanis who scream and shout, but have no clue how international relations work, nor do they understand what Pakistan's actual situation is.

They have no idea what the impact will be, if Pakistani-French relations sever, and it won't just be this loan that Pakistan will have to worry about.

What about the serious relationship with the prophet that everyone undermines.

Dumb mullahs shouting and jumping while not knowing ground reality and economic condition of the country. These useless morons never helped in building economy of the country. These idiots should first get educated and then participate in building the economy but they eat charity and give death verdicts on blasphemy allegations.

Rich arab won't care poor pakistan can't do a thing about it.
Maybe taliban had a an answer.

 

[Bambi]

How much got from the US for support, any data?

https://twitter.com/x/status/1384395323884380161