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Reserve Bank of India injects liquidity of $50 billion to tackle Covid-19 crisis.

Poor Dalit is frothing at the mouth because IK was the first leader in the world to get his begging bowl out and started waving it under the faces of all the world leaders.

The shameless Pakistani leader has failed to contribute a single dollar to SAARC convid-19 fund when even Bhutan an Maldives Nepal and Sri-lanka have pledged millions. IN FACT PAKISTAN IS LOOKING FOR WAYS TO GET HOLD OF DOLLARS CONTRIBUTED BY INDIA into this convid-19 fund

These are beggars and they have the mentality of beggars. You cannot change that

Imran Khan is a good man and he wants to do right by his country.

Unfortunately previous leaders of Pakistan were crooks who partially are responsible for the economic mess that they are in and IK has to ask for help from others to get through this crisis.

If India and BD were somewhat wealthier we could have helped Pakistan but we can barely support our own citizens and economy.

Just learnt about SAARC Covid-19 fund and great to see us pulling together to try to fight this virus.
 
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Because your PM is asking for debt write offs and seeking loans from IMF and China.

https://www.arabnews.com/node/1647256/business-economy
https://tribune.com.pk/story/2184413/2-pakistan-seek-3-7b-loans-offset-virus-impact/?amp=1


Its not about curing covid-19 with money but the ability to cope through these tough times by fiscal stimulus.

Who will cope with the tough fiscal times when millions will be passing on the infection. Get out of your greedy baniya mentality for once. It shouldn't always be about economy and money.

You people are a living example of why humans got the virus in the first place. Always robbing the planet and thinking about your selfish greed. Economy, economy, economy.

I will watch how mother nature takes course and balances out things. You keep boasting about your economy. I will watch from the sidelines where your economy gets you.
 
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You must be some rare case of delusional.
"WHERE is the evidence that Pakistan doesn't and bangladesh/india are rich countries which can?"
My reply was a response to your comment. Where the hell anyone has said that India doesnt have debt (We pay it and dont ask for write offs) or is superpower in the thread. Dont bring stupid fantasies to avoid being embarrassed. Stick to the point dude. If you cant take the evidence, dont ask for it.




The fantasies is coming from your ilk who claim that india is a developed nation and a superpower............:lol:
 
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Who will cope with the tough fiscal times when millions will be passing on the infection. Get out of your greedy baniya mentality for once. It shouldn't always be about economy and money.

You people are a living example of why humans got this virus in the first place. Always robbing the planet and thinking about your selfish greed. Economy, economy, economy.

I will watch now how mother nature takes course and balances out things. You keep boasting about your economy.
What point are you making. That govt. should do nothing and let people die. You can ask GoP to stand still and let your people die. Atleast GoI will do everything in its power for the population. It may be lacking but still important.

Your attitude seems like you want to pull everyone into your own drowning boat. Mother nature is taking a huge toll on you. Should have focused on eradicating Polio first.
 
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Imran Khan is a good man and he wants to do right by his country.

Unfortunately previous leaders of Pakistan were crooks who partially are responsible for the economic mess that they are in and IK has to ask for help from others to get through this crisis.

If India and BD were somewhat wealthier we could have helped Pakistan but we can barely support our own citizens and economy.






Fiscal help from bangladesh???????............:rofl::rofl::rofl::rofl:............no thanks, our Chinese allies will help us. In case you haven't noticed, bangladesh is not a superpower nor a developed nation.......:lol:.........Think you are getting your info from the same indian source that claimed 40,000 Pakistani Soldiers killed 3 million bengalis and raped 10 million bengali women in 5 weeks in 1971........:lol:
 
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My premise is based on indias landmass and population size for which comparison with Pakistan is futile. It's like Minnesota comparing itself with California.
India should compare itself with more populated and more developed nations is my point.

Second if you do want an able comparison, I believe TN beats Pakistan comfortably with GDP of 3000 usd and a economy of 300B with less than half population of Pakistan. Maharashtra is around 500B as well. My intention wasn't to start dick measuring contest, but I can give it if you want.

Even with underdeveloped regions of UP, Bihar ,wb, Jharkhand we best Pakistan GDP per capita. So go and work hard instead of commenting.

Theres a flaw in your argument. I could pull per capita figures from rich areas of Pakistan and compare to whole of india per capita. That area in Pakistan will look favorable. Under modi things got worse for average indian, note ban, flawed GST implementation, unemployment at 45 year high. Now coronavirus effecting everyone. No economists trusts modi government gdp figures. Gdp figures became politicised and now upcoming census cant be trusted because of CAA.
 
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What point are you making. That govt. should do nothing and let people die. You can ask GoP to stand still and let your people die. Atleast GoI will do everything in its power for the population. It may be lacking but still important.

Your attitude seems like you want to pull everyone into your own drowning boat. Mother nature is taking a huge toll on you. Should have focused on eradicating Polio first.

India, BD and other S Asian countries will use all their resources to save the lives of their people and prop up their economies.

We will not accept we are helpless against this virus.
 
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The fantasies is coming from your ilk who claim that india is a developed nation and a superpower............:lol:
Can you for once back up your own statements. Quote me those statements on this thread ?
You asked for evidence and when showed to you, started creating delusions. I will not reply further and relieve you of embarrassing yourself further.

Pakistan may seek debt moratorium

Pakistan is considering seeking moratorium on its foreign debt payments to multilateral creditors, as $2.3 billion external debt will mature in the next three months, excluding repayments of commercial and some Chinese loans.

The huge payments in the last quarter are likely to further stretch the official foreign currency reserves that have come under pressure due to mass scale withdrawal of $1.9 billion hot foreign money and anticipated hit on remittances and exports related inflows in the aftermath of COVID-19 pandemic.

The Ministry of Finance has been working out the modalities to seek a freeze on interest and principal amounts repayments to multilateral creditors, highly placed sources told The Express Tribune on Wednesday.
“The Ministry of Finance and Economic Affairs Division are working on the proposal and after that there will be an approach to multilaterals,” said Ministry of Finance Special Secretary Omar Hamid Khan.

The local spokespersons of the World Bank (WB) and the Asian Development Bank (ADB) neither explicitly confirmed nor denied whether Pakistan has sought a moratorium on its payments.

Out of total outstanding official public debt of $73.8 billion on December 2019, Pakistan owes $28 billion or 38% of it to these two largest multilateral creditors.

Out of $2.3 billion official public debt related repayments, $1.821 billion will be returned to the ADB ($530 million) and the WB ($1.3 billion) in just three months.

Sources said about $5.2 billion worth external debt related payments are maturing from April to June of this fiscal year. These included $2.3 billion payments to official bilateral and multilateral creditors, $2 billion Chinese SAFE Deposit and over $1 billion commercial loan repayments, said the sources.

However, under the International Monetary Fund (IMF) programme Pakistan cannot make repayments to China, Saudi Arabia and United Arab Emirates on account of $7.5 billion that it has received before IMF programme to boost the reserves. The country is also rolling over commercial loans.

“These are unprecedented times for the World and Pakistan and the WB has ramped up its support to Pakistan to procure urgently needed medical equipment and supplies and address the rising socio-economic disruptions. We continue to engage with the federal and provincial governments to provide the needed technical and financial support,” stated WB spokesperson Mariam Altaf.

Altaf had been requested to comment whether Pakistan has formally approached the WB for moratorium and what will be its strategy to deal with the country.

“We do not have any information to share about the matter at this stage,” said the ADB spokesperson Ismail Khan while responding to similar questions.

The Federal Minister for Economic Affairs Hammad Azhar on Wednesday indicated Pakistan’s plan to seek relief in a tweet that he made after the WB and the IMF call on bilateral creditors to freeze loan repayments of development nations.

“PM Imran Khan has been urging this since COVID-19 pandemic. We hope it shall be accepted and we also urge multilaterals for relief on their debts,” Azhar wrote.

The total public and publicly guaranteed external debt stood at $73.8 billion by December 2019. This is exclusive of balance of payments support that runs into billions of dollars.

Out of this, $29.5 billion is multilateral debt; $24 billion bilateral debt; $10 billion worth are commercial loans; $3 billion Chinese SAFE deposits and $7 billion are Eurobonds and Sukuks.

In the category of bilateral, Pakistan owes $12 billion to China (excluding balance of payments support); $5.5 billion to Japan; $1.6 billion to France and $1.3 billion to Germany.

Details available with The Express Tribune showed that Pakistan will not get any major relief from the bilateral creditors even if they decide to pause the repayments.

Out of $2.3 billion that Pakistan is bound to pay in next three months, the repayments to bilateral countries are only 6.5% or $150 million (excluding SAFE deposits and commercial loans).

About $520 million ADB loan, $1.3 billion WB loans (including two policy credits) and $290 million of Islamic Development Bank interest and principal amounts are maturing in next three months.

In next fiscal year too, Pakistan will return $7 billion to its multilateral and bilateral creditors, excluding balance of payments related repayments. Pakistan’s external position has come under stress after the foreign investors withdrew $1.9 billion hot foreign money.

The State Bank of Pakistan (SBP) also let the rupee further depreciated that shed another 2.8% of its value and closed at Rs166.2 to a dollar on Thursday. In past two weeks, the rupee shed its value by Rs11 to a dollar.

Last month, the SBP Governor Dr Reza Baqir had assured the Public Accounts Committee that he had sufficient reserves, in case the hot money is withdrawn suddenly.

“Emerging markets are dramatically impacted by a record high capital outflows and severe shortage of forex liquidity,” stated IMF Managing Director Kristalina Georgievea during an extraordinary meeting of G20 Leaders Summit.

https://tribune.com.pk/story/2185185/2-pakistan-may-seek-debt-moratorium/

India, BD and other S Asian countries will use all their resources to save the lives of their people and prop up their economies.

We will not accept we are helpless against this virus.
There are specifically two people who want everyone else to die because they see no options and their govt. is helpless. Very toxic attitude. If you cant support people in their fight, dont at least disrespect them by fantasizing death to millions of people.
 
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Can you for once back up your own statements. Quote me those statements on this thread ?
You asked for evidence and when showed to you, started creating delusions. I will not reply further and relieve you of embarrassing yourself further.

Pakistan may seek debt moratorium

Pakistan is considering seeking moratorium on its foreign debt payments to multilateral creditors, as $2.3 billion external debt will mature in the next three months, excluding repayments of commercial and some Chinese loans.

The huge payments in the last quarter are likely to further stretch the official foreign currency reserves that have come under pressure due to mass scale withdrawal of $1.9 billion hot foreign money and anticipated hit on remittances and exports related inflows in the aftermath of COVID-19 pandemic.

The Ministry of Finance has been working out the modalities to seek a freeze on interest and principal amounts repayments to multilateral creditors, highly placed sources told The Express Tribune on Wednesday.
“The Ministry of Finance and Economic Affairs Division are working on the proposal and after that there will be an approach to multilaterals,” said Ministry of Finance Special Secretary Omar Hamid Khan.

The local spokespersons of the World Bank (WB) and the Asian Development Bank (ADB) neither explicitly confirmed nor denied whether Pakistan has sought a moratorium on its payments.

Out of total outstanding official public debt of $73.8 billion on December 2019, Pakistan owes $28 billion or 38% of it to these two largest multilateral creditors.

Out of $2.3 billion official public debt related repayments, $1.821 billion will be returned to the ADB ($530 million) and the WB ($1.3 billion) in just three months.

Sources said about $5.2 billion worth external debt related payments are maturing from April to June of this fiscal year. These included $2.3 billion payments to official bilateral and multilateral creditors, $2 billion Chinese SAFE Deposit and over $1 billion commercial loan repayments, said the sources.

However, under the International Monetary Fund (IMF) programme Pakistan cannot make repayments to China, Saudi Arabia and United Arab Emirates on account of $7.5 billion that it has received before IMF programme to boost the reserves. The country is also rolling over commercial loans.

“These are unprecedented times for the World and Pakistan and the WB has ramped up its support to Pakistan to procure urgently needed medical equipment and supplies and address the rising socio-economic disruptions. We continue to engage with the federal and provincial governments to provide the needed technical and financial support,” stated WB spokesperson Mariam Altaf.

Altaf had been requested to comment whether Pakistan has formally approached the WB for moratorium and what will be its strategy to deal with the country.

“We do not have any information to share about the matter at this stage,” said the ADB spokesperson Ismail Khan while responding to similar questions.

The Federal Minister for Economic Affairs Hammad Azhar on Wednesday indicated Pakistan’s plan to seek relief in a tweet that he made after the WB and the IMF call on bilateral creditors to freeze loan repayments of development nations.

“PM Imran Khan has been urging this since COVID-19 pandemic. We hope it shall be accepted and we also urge multilaterals for relief on their debts,” Azhar wrote.

The total public and publicly guaranteed external debt stood at $73.8 billion by December 2019. This is exclusive of balance of payments support that runs into billions of dollars.

Out of this, $29.5 billion is multilateral debt; $24 billion bilateral debt; $10 billion worth are commercial loans; $3 billion Chinese SAFE deposits and $7 billion are Eurobonds and Sukuks.

In the category of bilateral, Pakistan owes $12 billion to China (excluding balance of payments support); $5.5 billion to Japan; $1.6 billion to France and $1.3 billion to Germany.

Details available with The Express Tribune showed that Pakistan will not get any major relief from the bilateral creditors even if they decide to pause the repayments.

Out of $2.3 billion that Pakistan is bound to pay in next three months, the repayments to bilateral countries are only 6.5% or $150 million (excluding SAFE deposits and commercial loans).

About $520 million ADB loan, $1.3 billion WB loans (including two policy credits) and $290 million of Islamic Development Bank interest and principal amounts are maturing in next three months.

In next fiscal year too, Pakistan will return $7 billion to its multilateral and bilateral creditors, excluding balance of payments related repayments. Pakistan’s external position has come under stress after the foreign investors withdrew $1.9 billion hot foreign money.

The State Bank of Pakistan (SBP) also let the rupee further depreciated that shed another 2.8% of its value and closed at Rs166.2 to a dollar on Thursday. In past two weeks, the rupee shed its value by Rs11 to a dollar.

Last month, the SBP Governor Dr Reza Baqir had assured the Public Accounts Committee that he had sufficient reserves, in case the hot money is withdrawn suddenly.

“Emerging markets are dramatically impacted by a record high capital outflows and severe shortage of forex liquidity,” stated IMF Managing Director Kristalina Georgievea during an extraordinary meeting of G20 Leaders Summit.

https://tribune.com.pk/story/2185185/2-pakistan-may-seek-debt-moratorium/


There are specifically two people who want everyone else to die because they see no options and their govt. is helpless. Very toxic attitude. If you cant support people in their fight, dont at least disrespect them by fantasizing death of millions of people.

Says the RSS terrorist whose media has made an obsession out of comparing number of deaths and infections between two nations.

You come here on our forum to lecture us on our affairs. You brag all day long about how your economy is going to save you from the virus LOL Money cannot buy life fool. Once the virus strikes and takes hold you are toast. There is no respite for ugly henious creatures like yourself. Nature will settle scores.
 
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Can you for once back up your own statements. Quote me those statements on this thread ?
You asked for evidence and when showed to you, started creating delusions. I will not reply further and relieve you of embarrassing yourself further.

Pakistan may seek debt moratorium

Pakistan is considering seeking moratorium on its foreign debt payments to multilateral creditors, as $2.3 billion external debt will mature in the next three months, excluding repayments of commercial and some Chinese loans.

The huge payments in the last quarter are likely to further stretch the official foreign currency reserves that have come under pressure due to mass scale withdrawal of $1.9 billion hot foreign money and anticipated hit on remittances and exports related inflows in the aftermath of COVID-19 pandemic.

The Ministry of Finance has been working out the modalities to seek a freeze on interest and principal amounts repayments to multilateral creditors, highly placed sources told The Express Tribune on Wednesday.
“The Ministry of Finance and Economic Affairs Division are working on the proposal and after that there will be an approach to multilaterals,” said Ministry of Finance Special Secretary Omar Hamid Khan.

The local spokespersons of the World Bank (WB) and the Asian Development Bank (ADB) neither explicitly confirmed nor denied whether Pakistan has sought a moratorium on its payments.

Out of total outstanding official public debt of $73.8 billion on December 2019, Pakistan owes $28 billion or 38% of it to these two largest multilateral creditors.

Out of $2.3 billion official public debt related repayments, $1.821 billion will be returned to the ADB ($530 million) and the WB ($1.3 billion) in just three months.

Sources said about $5.2 billion worth external debt related payments are maturing from April to June of this fiscal year. These included $2.3 billion payments to official bilateral and multilateral creditors, $2 billion Chinese SAFE Deposit and over $1 billion commercial loan repayments, said the sources.

However, under the International Monetary Fund (IMF) programme Pakistan cannot make repayments to China, Saudi Arabia and United Arab Emirates on account of $7.5 billion that it has received before IMF programme to boost the reserves. The country is also rolling over commercial loans.

“These are unprecedented times for the World and Pakistan and the WB has ramped up its support to Pakistan to procure urgently needed medical equipment and supplies and address the rising socio-economic disruptions. We continue to engage with the federal and provincial governments to provide the needed technical and financial support,” stated WB spokesperson Mariam Altaf.

Altaf had been requested to comment whether Pakistan has formally approached the WB for moratorium and what will be its strategy to deal with the country.

“We do not have any information to share about the matter at this stage,” said the ADB spokesperson Ismail Khan while responding to similar questions.

The Federal Minister for Economic Affairs Hammad Azhar on Wednesday indicated Pakistan’s plan to seek relief in a tweet that he made after the WB and the IMF call on bilateral creditors to freeze loan repayments of development nations.

“PM Imran Khan has been urging this since COVID-19 pandemic. We hope it shall be accepted and we also urge multilaterals for relief on their debts,” Azhar wrote.

The total public and publicly guaranteed external debt stood at $73.8 billion by December 2019. This is exclusive of balance of payments support that runs into billions of dollars.

Out of this, $29.5 billion is multilateral debt; $24 billion bilateral debt; $10 billion worth are commercial loans; $3 billion Chinese SAFE deposits and $7 billion are Eurobonds and Sukuks.

In the category of bilateral, Pakistan owes $12 billion to China (excluding balance of payments support); $5.5 billion to Japan; $1.6 billion to France and $1.3 billion to Germany.

Details available with The Express Tribune showed that Pakistan will not get any major relief from the bilateral creditors even if they decide to pause the repayments.

Out of $2.3 billion that Pakistan is bound to pay in next three months, the repayments to bilateral countries are only 6.5% or $150 million (excluding SAFE deposits and commercial loans).

About $520 million ADB loan, $1.3 billion WB loans (including two policy credits) and $290 million of Islamic Development Bank interest and principal amounts are maturing in next three months.

In next fiscal year too, Pakistan will return $7 billion to its multilateral and bilateral creditors, excluding balance of payments related repayments. Pakistan’s external position has come under stress after the foreign investors withdrew $1.9 billion hot foreign money.

The State Bank of Pakistan (SBP) also let the rupee further depreciated that shed another 2.8% of its value and closed at Rs166.2 to a dollar on Thursday. In past two weeks, the rupee shed its value by Rs11 to a dollar.

Last month, the SBP Governor Dr Reza Baqir had assured the Public Accounts Committee that he had sufficient reserves, in case the hot money is withdrawn suddenly.

“Emerging markets are dramatically impacted by a record high capital outflows and severe shortage of forex liquidity,” stated IMF Managing Director Kristalina Georgievea during an extraordinary meeting of G20 Leaders Summit.

https://tribune.com.pk/story/2185185/2-pakistan-may-seek-debt-moratorium/




But that doesn't mean anything. It is simply a request. Nothing more..........:azn:........WHERE is the evidence that Pakistan is not doing anything for it's people and they are dying en-masse as you are alluding to in your last sentence?........:azn:
 
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Says the RSS terrorist whose media has made an obsession out of comparing number of deaths and infections between two nations.

You come here on our forum to lecture us on our affairs. You brag all day long about how your economy is going to save you from thr virus LOL There is no respite for ugly henious creatures like yourself. Nature will settle scores.
Well, if all you said is right. I wonder why Pakistan is suffering so much from the virus. :omghaha:
 
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Well, if all you said is right. I wonder why Pakistan is suffering so much from the virus. :omghaha:

LOL show me the numbers and compare them to the rest. Peanuts LOL

Now tell me why India is not testing. Your scum nation is reeling by the amount of virus infections. Everyone with even a tiny brain already knows this. India will implode and Modi cannot hide his failure forever. Stop boasting about your economy fool. India has the largest amount of poor in the world. The virus cannot be contained.
 
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Says the RSS terrorist whose media has made an obsession out of comparing number of deaths and infections between two nations.

You come here on our forum to lecture us on our affairs. You brag all day long about how your economy is going to save you from the virus LOL Money cannot buy life fool. Once the virus strikes and takes hold you are toast. There is no respite for ugly henious creatures like yourself. Nature will settle scores.

Terrorist, bold words from you lot.
 
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Terrorist, bold words from you lot.

Indeed RSS rapists and terrorists. In your country people have to be given death sentences because they rape and kill people in busses. What else would we call such people?
 
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You are engaging with a moron. Leave him be.


Lol. Then go make me a tea.

We already did and fed Abhinondon some too LOL Fool.

You are a bunch of beggars who have to always troll and beg on Pakistani forums. Goes to show how desperate you Indians are.
 
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