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

[BHarwana]

It US whose neck is under Pakistani feet not ours. Pompeo thinks every country is Afghanistan but he is an idiot. Let us see how this ends. USA is not the owner of IMF and if we needed IMF will pay.

 

[Dalit]

It US whose neck is under Pakistani feet not ours. Pompeo thinks every country is Afghanistan but he is an idiot. Let us see how this ends. USA is not the owner of IMF and if we needed IMF will pay.

Let these fvckers make a move. Just one move. Nawaz Sharif has been buried 7 feet under the ground. The Yanks are now going to find out what it means to deal with a proper leader. These motherfvckers have exploited Pakistan for a long time. Not anymore.

Meanwhile:

Trump claims Americans need ID to go shopping

"You go out and you want to buy anything, you need ID and you need your picture," he told the crowd at the "Make America Great Again" rally on Tuesday night.

CNN journalist Jim Acosta tweeted: "Trump out of touch here... you don't need an ID to buy groceries."

Acosta was later heckled by Trump supporters live on air, shouting "liar" and "CNN sucks."

https://www.bbc.com/news/world-us-canada-45034092

LMAO It is a fvcking circus. Good ole 'Murica.

 

[xyxmt]

Please see the Chinese loan structure it is less than 2% return margins. Far less than what USA is in debt of. Only economy that is going to go in recession is US lol and yes we have China but please check Pakistani debt is only 10% which is under China and that debt is turned into FDI already.

you dont need to explain it to idiots

 

[cloud4000]

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

PTI is busy trying to build a coalition with other parties. Cabinet will be announced, including new finance team. This will take time, but I expect a decision by September whether to go to IMF or not.

 

[VCheng]

PTI is busy trying to build a coalition with other parties. Cabinet will be announced, including new finance team. This will take time, but I expect a decision by September whether to go to IMF or not.

Next month is September, it won't be long.

 

[cloud4000]

Let these fvckers make a move. Just one move. Nawaz Sharif has been buried 7 feet under the ground. The Yanks are now going to find out what it means to deal with a proper leader. These motherfvckers have exploited Pakistan for a long time. Not anymore.

How soon before the reality sets in for Pakistan and its 'proper leader?' Soon enough is my guess.

 

[VCheng]

How soon before the reality sets in for Pakistan and its 'proper leader?' Soon enough is my guess.

It usually takes about two years, given Pakistan's history. Let the new government settle in first, please.

 

[sunstersun]

You missed the memo redneck. CPEC is already in full swing and your daddy Trump begs us to halt the project on an hourly basis.

Now what the fvck are you gonna do apart from your sanctions threat? LOL Put us on the black list? You do that as well and you'll find out what it means to stir the hornet's nest.

Now beg us to do more so that we can give you that big fat middle finger like we always have.

Do whatever you want. Pakistan's economy speaks much higher volumes than your insults. On the defence all day. Need loans, massive inflation, currency depreciation. Go beg China for more money.

I'm Canadian eh. Might want to learn the difference.

https://www.samaa.tv/economy/2018/08/pakistan-inflation-rate-rises-to-5-83-in-july/

https://www.bloomberg.com/news/arti...evalue-asia-s-worst-performing-currency-again

 

[Taimoor Khan]

Lol. Even care taker government is telling the yanks to piss off.

Foreign minister rejects US secretary of state's opposition to IMF bailout for Pakistan
Naveed SiddiquiAugust 01, 2018
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Foreign Minister Abdullah Hussain Haroon speaks to the media on Wednesday. — DawnNewsTV

Foreign Minister Abdullah Hussain Haroon on Wednesday rejected a recent statement by United States Secretary of State Mike Pompeo in which the latter had warned the International Monetary Fund (IMF) against providing Pakistan a bailout programme.

"Make no mistake, we will be watching what the IMF does," Pompeo had stated in an interview on Monday, right he said he would welcome mutually beneficial engagement between the US and Pakistan.

"There's no rationale for IMF tax dollars — and associated with that, American dollars that are part of the IMF funding — to bail out Chinese bondholders or China itself," he had added.

"Why I believe that this statement is completely inappropriate is because China holds $3 billion in American deposited bonds and reserves and I am a little bewildered as to why this [Pompeo's statement] needed to be said," Haroon said at a media briefing in the capital today.

ARTICLE CONTINUES AFTER AD
He said that the Pakistani government is determined to complete China-Pakistan Economic Corridor (CPEC) projects and that "there is absolutely no reason for anyone to intervene in the [China-Pakistan] relationship".

"It is the stated position of this government that it is totally wrong to link any IMF package with CPEC," he said.

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

He also stated that the present caretaker government does not have a mandate to decide on any IMF package, which is why it made no sense for the US to raise the issue at this point in time.

Haroon also said that "Pakistan has paid every price that it could pay" for the so-called 'War on Terror' that has now been ongoing for over 17 years.

"Those who ask us to do more should consider what their own role has been [in the war]," he said.

"Individual licenses have been issued to India for high-technology weapons, thus enhancing US-India bilateral defence trade. The sum being credited to this account is $9.7 billion," the foreign minister noted, adding that this was happening at a time that Pakistan is being told that "there is no money" when it asks for money owed to it by the US.

He also asked how relations between the US and Pakistan can improve when the Financial Action Task Force is throttling Pakistan's neck.

Yet, the foreign minister added, Pakistan is ready to talk to both its eastern and western neighbours for the betterment of the region.

He, however, refrained from commenting on whether an invitation would be extended to Indian Prime Minister Narendra Modi for the oath taking ceremony of Pakistan Tehreek-i-Insaf (PTI) chief Imran Khan, who is expected to be elected the new prime minister soon.

 

[ziaulislam]

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

Pakistan needs 20 billion dollars in next 5 years assuming it corrects the economy..from where is anyones guess

Its either going to be IMF, AB, WB
or chinese assistant , bonds, AIIB

Next month is September, it won't be long.

Its PTI against everyone else...
Even though PML N PPPP and MMA collectively have less seats than PTI yet they are banding together to further destabilize the country

Even if they pull a miracle and do form a govt it will be short for couple of months as by elections will support PTI on its own seats ..

 

[VCheng]

Pakistan needs 20 billion dollars in next 5 years assuming it corrects the economy..from where is anyones guess

Its either going to be IMF, AB, WB
or chinese assistant , bonds, AIIB


Its PTI against everyone else...
Even though PML N PPPP and MMA collectively have less seats than PTI yet they are banding together to further destabilize the country

Even if they pull a miracle and do form a govt it will be short for couple of months as by elections will support PTI on its own seats ..

For now, I would wait until the elected government takes shape, and then for it to settle in and determine its policies and how to implement them that best serve Pakistan's interests.

 

[cloud4000]

It usually takes about two years, given Pakistan's history. Let the new government settle in first, please.

The new government doesn't have the time. Reforms and bringing back looted money will take time and effort. In the meantime, it will need loans to meet short-term needs.

 

[sunstersun]

https://www.bloomberg.com/news/arti...about-to-face-80-billion-bond-redemption-test

 

[VCheng]

The new government doesn't have the time. Reforms and bringing back looted money will take time and effort. In the meantime, it will need loans to meet short-term needs.

As I said above, it will be interesting to see how they decide to tackle the pressing economic issues. I am content to sit and watch what they do.

 

[sunstersun]

https://www.bloomberg.com/view/articles/2018-07-31/pakistan-s-bailout-is-really-china-s