Thanks to "Democracy, Pakistan's foreign debt to reach 100 Billion USD

[Safriz]

It was 11 Billion USD at the end of General Zia era in 1988 (23 Billion Dollars in today's money after compensating for inflation). General Zia took only 5 Billion Dollars of foreign debt in his 10 years of government, despite the country being engaged in Afghan war and taking care of over 3 million refugees. He also kept prices low.

30 Billion Dollars in 2008 at the end of Musharraf era (34 Billion in Today's money after compensating for inflation).

34 Billion USD at the end of Zardari era in 2013. However the country saw the highest price rise in history during Zardari regime as the prices of basic necessities shot up five folds during those 5 years. Fact remains that Field Marshal Ayub Khan's era was the only period in Pakistan's history when the country saw deflation instead of inflation and prices decreased instead on increasing.

From 2013 to now 2018 the country has taken the largest sums of foreign debts in it's history. Nawaz era has seen Pakistan's foreign debts rise another 60 Billion USD to a total of 90 Billion USd and rising to reach 100 Billion USD.

 

[El Sidd]

Samosas for everyone !!

 

[Safriz]

It was 11 Billion USD at the end of General Zia era in 1988 (23 Billion Dollars in today's money after compensating for inflation)

30 Billion Dollars in 2008 at the end of Musharraf era (34 Billion in Today's money after compensating for inflation).

34 Billion USD at the end of Zardari era in 2013. However the country saw the highest price rise in history during Zardari regime as the prices of basic necessities shot up five folds during those 5 years.

From 2013 to now 2018 the country has taken the largest sums of foreign debts in it's history. Nawaz era has seen Pakistan's foreign debts rise another 60 Billion USD to a total of 90 Billion USd and rising to reach 100 Billion USD.

 

[Armchair-General]

LOL

 

[Maxpane]

Its not about democracy its about lack of leadership

 

[El Sidd]

its about lack of leadership

man you have posted similar stuff for a while now....now you have my attention

what kind of a leader you want? like Orange Blue or Grey...

Leaders are not elected and never selected. So how do you think you will find a leader in Pakistan like that

 

[Maxpane]

man you have posted similar stuff for a while now....now you have my attention

what kind of a leader you want? like Orange Blue or Grey...

Leaders are not elected and never selected. So how do you think you will find a leader in Pakistan like that

Sir why not leaders selected or elected. We choose them by a process . They would not come out from ghin air

 

[shahbaz baig]

US debt 21 trillion, china debt 30 trillion..

You have to be a smart debater with other nations too.. chindi nation or IMF k paas jany sy kaam nhi banay ga.

 

[Maxpane]

man you have posted similar stuff for a while now....now you have my attention

what kind of a leader you want? like Orange Blue or Grey...

Leaders are not elected and never selected. So how do you think you will find a leader in Pakistan like that

Sir why not leaders selected or elected. We choose them by a process . They would not come out from thin air

 

[El Sidd]

Sir why not leaders selected or elected. We choose them by a process . They would not come out from ghin air

selection and election are two processes which are very narrow minded. not worthy to be called leader.
leadership is a by birth gift not inheritance nor something you can learn.

you may however say..we need a new face...which is more practical

 

[Maxpane]

selection and election are two processes which are very narrow minded. not worthy to be called leader.
leadership is a by birth gift not inheritance nor something you can learn.

you may however say..we need a new face...which is more practical

Oh my mistake . Thanks for correction

 

[neem456]

honestly 100 billion of debt itself is not a worrysome figure really, problem is economy which is not performing well to service these loans

 

[Jugger]

This is because of the lack of democracy that Pakistan is in this situation.
No reforms what so ever in Pakistan since it’s inception, no economic reforms, no political reforms, no land reforms....

The only losers are the common man in Pakistan.

 

[El Sidd]

This is because of the lack of democracy that Pakistan is in this situation.
No reforms what so ever in Pakistan since it’s inception, no economic reforms, no political reforms, no land reforms....

The only losers are the common man in Pakistan.

Devdas is correct........

we need massive reforms

 

[Safriz]

This is because of the lack of democracy that Pakistan is in this situation.
No reforms what so ever in Pakistan since it’s inception, no economic reforms, no political reforms, no land reforms....

The only losers are the common man in Pakistan.

THE PARLIAMENT costs 1.5 caror rupees a day in official expenses. There are many more undeclared costs. Their law making is abysmal. They hardly ever make or review/amend a law.