What's new

Sorry IMF Pakistan not coming for money.

.
There have been wide speculations of Pakistan going to IMF for loan but this just might not happen.

Pakistan has a debt which was taken by previous govt of PMLN. The rupee support policy of PMLN threw Pakistan into bad economic water but with the announcement of progressive PTI govt and their pro economic policies Pakistan is not going to knock the door of IMF, reason China has decided to pump more cash into Pakistan's economy. The effect of this news is already bringing economy back on track. Dollar price is falling every day and stock market of Pakistan is showing some of the largest gains after the elections.

China has agreed to a loan of $2 billion even before PTI has moved into office.

China wants to provide the new govt a fair ground keeping it out of Western clutches of IMF policies.
IMF isnt bad...key is to get reserves build up quickly to bring confidence...govt should build up reserves quickly to 20 billion dollars..I think it should go to IMF and engage WB AB

Though really depends how hard will be the terms

Pakistan need to invest in key areas to control imports and allow free currency natural devaluation to avoid shocks
 
.
Actually taking loan from IMF is good for country/governance. They hav stringent rules for loans . This will force government to cut down subsidies and wasteful expenditure and improve the performance of public sector companies.

No! IMF loans have sunk Pakistan before. We need to do better economic management so that we dont need loans to run the government. With PTI coming into power, there is hope that we will be back on track. We were doing quite good under Musharraf with better economic governance under his rule. With this corrupt democracy taking hold, we lost our way under misrule of Zardari and Sharif.
 
.
There have been wide speculations of Pakistan going to IMF for loan but this just might not happen.

Pakistan has a debt which was taken by previous govt of PMLN. The rupee support policy of PMLN threw Pakistan into bad economic water but with the announcement of progressive PTI govt and their pro economic policies Pakistan is not going to knock the door of IMF, reason China has decided to pump more cash into Pakistan's economy. The effect of this news is already bringing economy back on track. Dollar price is falling every day and stock market of Pakistan is showing some of the largest gains after the elections.

China has agreed to a loan of $2 billion even before PTI has moved into office.

China wants to provide the new govt a fair ground keeping it out of Western clutches of IMF policies.
The problem is what will Pakistan do when these loans are due for payment? These are loans not gift. If oil prices go up further, Pakistani currency will fall fast. These measures can kick the can further but not fix the fundamental issue of credit and currency crunch.
 
. . .
The Indians are an extremely cowardly grouping. They weren't able to cause much harm to Pakistan despite it suffering from an extremely broken economy due to being run by mafia bosses. If Pakistan is run by a government even in a little bit of normal way, it will become a stronger country in no time. Even while Pakistan was in an extremely bad situation, India still lacked any courage to confront Pakistan at any level and instead resorted to spreading terrorism. For which Pakistan has not yet retaliated due to the same reason above.

An economically strong Pakistan is a death warrant for India. The only leverage the international powers that wish to dictate Pakistan's foreign and domestic policies had/have was/is Pakistan's mismanaged economy. It was brought to this level by design anyways.

In the past the Indians looked towards the USSR. These days they think the USA will replace the USSR for them.

In reality there are many many fault lines present in the so called Indian society. It suffers from all kinds of evils unimaginable to a normal person. An economically stable and richer Pakistan will intensify many of these Indian frustrations because generations of Indians have been brought up to hate Pakistan in order to mask the deep hatred they have towards each other.
 
.
There have been wide speculations of Pakistan going to IMF for loan but this just might not happen.

Pakistan has a debt which was taken by previous govt of PMLN. The rupee support policy of PMLN threw Pakistan into bad economic water but with the announcement of progressive PTI govt and their pro economic policies Pakistan is not going to knock the door of IMF, reason China has decided to pump more cash into Pakistan's economy. The effect of this news is already bringing economy back on track. Dollar price is falling every day and stock market of Pakistan is showing some of the largest gains after the elections.

China has agreed to a loan of $2 billion even before PTI has moved into office.

China wants to provide the new govt a fair ground keeping it out of Western clutches of IMF policies.

Very good news. China outdoing itself with the new PTI government.

The Indians are an extremely cowardly grouping. They weren't able to cause much harm to Pakistan despite it suffering from an extremely broken economy due to being run by mafia bosses. If Pakistan is run by a government even in a little bit of normal way, it will become a stronger country in no time. Even while Pakistan was in an extremely bad situation, India still lacked any courage to confront Pakistan at any level and instead resorted to spreading terrorism. For which Pakistan has not yet retaliated due to the same reason above.

There is nothing stopping India’s government from doing the same thing and supporting Pakistan. Extend the hand of peace, we will be even more eager in our response.
 
.
Imagine if Pakistan does not go to the IMF, it will essentially be the end of the US play cards against Pakistan. US always used imf against Pakistan. However it is too early to say. Let the government settle in first.
 
. . . .
The projects of power production which were built on Chinese loan are being made into FDI now they are no more loans.

Explain how a loan can be converted into investment without acquiring equity of the entity? Does that mean Chinese firm have entire control on the revenue from the power generation?
 
.
The projects of power production which were built on Chinese loan are being made into FDI now they are no more loans.

That i understood, but how ? And is there any official notification about this ?
 
. .

Pakistan Affairs Latest Posts

Back
Top Bottom