Pakistan says US concerns about IMF bailout and China totally wrong.

[BHarwana]

https://twitter.com/x/status/1024601434145349632

 

[BHarwana]

https://twitter.com/x/status/1024591561638719489

@Path-Finder I said we are not in situation they wanted us to be in. Nawaz and ishaq Dar did their best to create a situation US wanted but they have failed. Their plan was caught.

This what the news are saying but in actual the finance ministry literally told USA to piss off.

 

[VCheng]

Does this imply that Pakistan is leaning toward making a decision to go to the IMF after all?

 

[BHarwana]

Poor USA cannot stop IMF because US it's self is in debt of China it don't has any dictating margin in IMF.

Does this imply that Pakistan is leaning toward making a decision to go to the IMF after all?

Nope it says Pakistan is not going to compromise CPEC for any thing.

https://twitter.com/x/status/1024509154638159873

 

[VCheng]

Poor USA cannot stop IMF because US it's self is in debt of China it don't has any dictating margin in IMF.



Nope it says Pakistan is not going to compromise CPEC for any thing.

It would be interesting to see what Pakistan's new government decides in this regard. We will all know soon enough.

 

[BHarwana]

It would be interesting to see what Pakistan's new government decides in this regard. We will all know soon enough.

It is simple IMF has Chinese yuan and China owns US debt. US cannot dictate anything here.

 

[VCheng]

It is simple IMF has Chinese yuan and China owns US debt. US cannot dictate anything here.

Well, China owns only a minor portion of US debt, for starters. As I said, Pakistan's decision here would be interesting, whichever way it decides.

(More here: https://fas.org/sgp/crs/row/RL34314.pdf )

 

[BHarwana]

Words of Pompeii

“Make no mistake. We will be watching what the IMF does,” Pompeo said.

“There’s no rationale for IMF tax dollars, and associated with that American dollars that are part of the IMF funding, for those to go to bail out Chinese bondholders or China itself,” Pompeo added.


Words of Pakistan

“First and foremost it is totally wrong to link the IMF package with CPEC. It is affirmed that Pakistan Government is fully committed to undertake and complete CPEC projects in their totality,” the finance ministry said in a statement.

“Third parties cannot weaken our collective resolve to make CPEC a success story.”

Well, China owns only a minor portion of US debt, for starters. As I said, Pakistan's decision here would be interesting, whichever way it decides.

(More here: https://fas.org/sgp/crs/row/RL34314.pdf )

I think you have forgotten USA bonds how much of them are in Chinese hands.

 

[VCheng]

I think you have forgotten USA bonds how much of them are in Chinese hands.

Please remind me.

QUOTE:

"The U.S. debt to China is $1.18 trillion as of May 2018. That's 19 percent of the $6.2 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $21 trillion national debt is owned by either the American people or by the U.S. government itself. "

/QUOTE

 

[BHarwana]

https://twitter.com/x/status/1024604402177462273

https://twitter.com/x/status/192683608727760896

 

[cloud4000]

Poor USA cannot stop IMF because US it's self is in debt of China it don't has any dictating margin in IMF.

It is simple IMF has Chinese yuan and China owns US debt. US cannot dictate anything here.

So what if US is in debt to China? What does that have to do with Pakistan going for IMF loan? It's a matter of votes and US is the biggest member of IMF and has the influence to make or break a decision on giving loans to Pakistan. It doesn't matter what China does or does not do.

It would be interesting to see what Pakistan's new government decides in this regard. We will all know soon enough.

Unless there are other countries or institution that are willing to step in, Pakistan will have to go to IMF.

 

[BHarwana]

https://twitter.com/x/status/205020507781865472

 

[VCheng]

Unless there are other countries or institution that are willing to step in, Pakistan will have to go to IMF.

Pakistan's decision has to come soon. We will know.

 

[BHarwana]

So what if US is in debt to China? What does that have to do with Pakistan going for IMF loan? It's a matter of votes and US is the biggest member of IMF and has the influence to make or break a decision on giving loans to Pakistan. It doesn't matter what China does or does not do.



Unless there are other countries or institution that are willing to step in, Pakistan will have to go to IMF.

It has to do every thing read pompeo statement he is saying that china is taking this loan from IMF Pakistan is just a front face. I have posted it few posts early.

Pompeo is saying this money is going to Chinese bond holders. Pakistan don't needs IMF because IDB has announced Pakistan's rescue if needed and so far there is no need.

 

[Path-Finder]

https://twitter.com/x/status/1024591561638719489

View attachment 489925

@Path-Finder I said we are not in situation they wanted us to be in. Nawaz and ishaq Dar did their best to create a situation US wanted but they have failed. Their plan was caught.

This what the news are saying but in actual the finance ministry literally told USA to piss off.

I am hearing from the grape veins that some money came back due to amnesty where some money was returned against devalued rupee to gain maximum profits.

There needs to be an Federal probe into this malicious activity.