Pakistan 's external debt, liabilities hit record $73 BILLION dollars level

[Feroz Alam Khan]

If this amount is result of FDI than its OK, but all the parameters are indicating that Sharif sahab & other PMs of Pakistan has actually created a very bad depth situation in Pakistan economy. Plus CPEC will add another billions to the bill, get ready to face -ve ratings from agencies, and collapse of Pakistan bond values.

Not only this fact , they have issued Euro bonds on very heavy interest . The bonds are valued by investors as one of the highest IRR instruments. I am not sure either I watched it on a Pakistani talk show or I read it somewhere that the situation will become precarious once the $100 billion debt threshold is breached. And the way the gov. of Pakistan is on borrowing spear and not less than 12-15% optimum growth of the debt, the day is not away when they won't be able to serve the debt part also. The exports are declining, the foreign remittance is decreasing and the borrowing is increasing, hence only savior for them is CPEC, which itself is a loan at a high interest from the Chinese. The future looks bleak for the Economy.

 

[My-Analogous]

FY16 external debt, liabilities hit record $73 billion level

http://www.brecorder.com/top-storie...-hit-record-73-billion-level/?date=2016-08-30

This very common practice in professional world and it make no sense to create thread here except bashing. @Horus @WebMaster @WAJsal please close this thread

 

[Abba_Dabba_Jabba]

Not only this fact , they have issued Euro bonds on very heavy interest . The bonds are valued by investors as one of the highest IRR instruments. I am not sure either I watched it on a Pakistani talk show or I read it somewhere that the situation will become precarious once the $100 billion debt threshold is breached. And the way the gov. of Pakistan is on borrowing spear and not less than 12-15% optimum growth of the debt, the day is not away when they won't be able to serve the debt part also. The exports are declining, the foreign remittance is decreasing and the borrowing is increasing, hence only savior for them is CPEC, which itself is a loan at a high interest from the Chinese. The future looks bleak for the Economy.

Bond market is like a vicious cycle, the more you are incapable of paying your depth the more return you will have to offer for your bonds. Unless Pakistan take any dramatic efforts in reviving their economy, I don't think this dept cycle will stop. The need of the hour for Pakistan is to work on domestic industry and earn some Foreign Exchange by export, otherwise soon Mr. IMF will come to rescue in the name of god and once again your economy will fall in the hands of western nations. Or at best get the soft loans from either ADB or NDB, that will once again increase your depth but you will be in good hands of China and BRICS nations.

 

[Feroz Alam Khan]

Bond market is like a vicious cycle, the more you are incapable of paying your depth the more return you will have to offer for your bonds. Unless Pakistan take any dramatic efforts in reviving their economy, I don't think this dept cycle will stop. The need of the hour for Pakistan is to work on domestic industry and earn some Foreign Exchange by export, otherwise soon Mr. IMF will come to rescue in the name of god and once again your economy will fall in the hands of western nations. Or at best get the soft loans from either ADB or NDB, that will once again increase your depth but you will be in good hands of China and BRICS nations.

Forget the future , now also the Economy is in bad shape as around 35% of the earning go into debt servicing. Mark my word once it crosses century mark it will be very difficult for them to revive from that point. Mind you it is not FDI or investment of any sort but debt that has to be repaid. The Saudis and Americans are not giving Aids as in the past. The Chinese business interest are too high to give soft loans as well, forget AID. That's the reason the CPEC which is going to benefit the Chinese a lot is being financed by them at very high interest. The common Pakistanis are made to believe that the CPEC will do wonders for them, but it will only increase the burden.

 

[Mo12]

With CPEC, Pakistan will earn billions in tariffs and investment and will produce a surplus in no time!

Some Indians and their obsession with us is never gonna end their dream of seeing a bankrupt Pakistan InshAllah will always be a dream
@waz @WAJsal
oh btw please care about your own country first
https://www.theguardian.com/world/2016/aug/29/india-female-tourists-skirts-safety-advice

Pakistan should stop spending billions on jets and submarines and try to pay of their debt instead like a responsible nation.

 

[waz]

Well Pakistan trudges along, that's all that can be said for now.

 

[Mo12]

This very common practice in professional world and it make no sense to create thread here except bashing. @Horus @WebMaster @WAJsal please close this thread

He posted a link to a article. You need to stop over reacting and give some input on Pakistan can improve the debt instead.

 

[The Sandman]

Pakistan should stop spending billions on jets and submarines and try to pay of their debt instead like a responsible nation.

Please don't tell us on what we should spend our money on that's none of your concern and as i said care about your own country first.

Well Pakistan trudges along, that's all that can be said for now.

Bro why you're not locking this thread you know it's nothing but a troll thread.

 

[xyxmt]

In case you did nt notice ; Kashmir has calmed down

The misguided youths will SOON realise that their Future is with India ;not Pakistan

Even the Kashmir CM has said that only Five percent people are troublemakers

this must have happened in last 30 minutes when I stopped checking news.

 

[Mo12]

Please don't tell us on what we should spend our money on that's none of your concern and as i said care about your own country first.


Bro why you're not locking this thread you know it's nothing but a troll thread.

It is India concern because we are neighbours with Pakistan.

 

[My-Analogous]

He posted a link to a article. You need to stop over reacting and give some input on Pakistan can improve the debt instead.

It seems you guys need every Indian's input in this issue. What about your debts? I want to hear your input on your national issue and please our issues with us and we can take care that by our self. Plus i am not a finance minister of Pakistan that my post will become Pakistan policy. @WebMaster @Horus @WAJsal

Please close this useless thread

 

[The Sandman]

It is India concern because we are neighbours with Pakistan.

Yes yes we know how much "Concerned" you're

 

[Mo12]

Yes yes we know how much "Concerned" you're

Its in India best interest to have financially strong neighbours.

I hope Pakistan pays of the debt and buy more Indian goods in the future

 

[waz]

Bro why you're not locking this thread you know it's nothing but a troll thread.

It's talking about Pakistan's external debt bro. What will locking it achieve? Pakistanis ignoring, what is a concern.

 

[Mo12]

It seems you guys need every Indian's input in this issue. What about your debts? I want to hear your input on your national issue and please our issues with us and we can take care that by our self. Plus i am not a finance minister of Pakistan that my post will become Pakistan policy. @WebMaster @Horus @WAJsal

Please close this useless thread

Stick on topic please, if you have a question about India, make a thread about it.

Ps. India debt is much more worse than Pakistan.