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its not...Pakistan was previously on list and if IMF is used for this(wasnt used in 1990s) it will loose its credibility and will replaced world wide by other alternative ..usa will not risk losing its soft power by using IMF AB AND WB for political reasons so obviously ...First, it's a bit too soon to expect huge strides. Pakistan also needs to come with a plan in 3 months to avoid blacklisting within FATF. Wait and give them some time.
On the other hand, what else could the U.S. do to exert more pressure and thereby change? What is within our basket of tools? I can think of a few. The most important tool IMO is IMF I'd suppose.
its not...Pakistan was previously on list and if IMF is used for this(wasnt used in 1990s) it will loose its credibility and will replaced world wide by other alternative ..usa will not risk losing its soft power by using IMF AB AND WB for political reasons so obviously ...
Let say they use it..Pakistan has balance of payment crisis that will can be bridged by expensive commercial loans
I dont expect much requirment in first place
This is all assuming that usa indeed as alternative to pakistan in form of hypothetical country which gives it acess to Afghanistan both material and political
The solution to this problem is easy..do what USA does best ...simply bribe the establishment ..[emoji5]..people of Pakistan don't care be it "jiyalas" or "matwalys"
That quote is not meant to be a compliment or advice to stick to such ways."Hard talk with Pakistan does not work, they just dig in deeper", observe American analysts. NYT
That quote is not meant to be a compliment or advice to stick to such ways.
There is a neighbour in that region that reacted the same (N Korea). So, fortunately for Pakistan, they see a precedence for such behavior and its consequences.I agree.
The reason i posted the statement is that there must be something that analyst observed in Pakistan's behaviour that led to the statement of "Hard talk with Pakistan does not work, they just dig in deeper" and that maybe the possible reason of no change in Pakistan's behaviour.
unfortunate for US too. Now may i ask you a question. Do you think that US does not differentiate between North korea and pakistan? How can you compare pakistan with north korea?There is a neighbour in that region that reacted the same (N Korea). So, fortunately for Pakistan, they see a precedence for such behavior and its consequences.
What I'm discouraged by here is every time a conversation comes up or a topic is added around Pakistan and it's bane around terror support/finance. Less than 1% of Pakistanis actually want their government and military institutions to change course. Rather the 99% of Pakistans here want to double down. ESPECIALLY those who are expats living in the lap of luxury in a western civilized country. Boy, are they all for Pakistani citizens to take it to the man- while enjoying their freedoms, security, and lifestyles in our countries. This is not directed at you for the record, just a general observation.
your aurguments are stupid..so let me explain it to 5 years old kidLet's discuss your views with credibility and honesty.
1.The U.S won't lose any credibility over Pakistan. For that, Pakistan needs to have a semblance of influence on the international stage which could challenge our viewpoints
2. IMF refusal on loans, means you find it difficult to pay back loans. which means you have to go to the black market rates (China) to furnish them. Which would put you into a tailspin on more loans becoming impossible to pay. Which will also downgrade and further deteriorate your credit rating.
3. We are not speaking of several other tools like sanctions on the international market. removal from banking transactions systems (when one gets blacklisted) etc etc.
All of this for what? Because of the advice that Pakistanis and its institutions double down on terror support/financing label and challenge 34 out 35 countries. Makes no sense frankly.
That quote is not meant to be a compliment or advice to stick to such ways.
And, may be Pak has other lucrative alternatives....I agree.
The reason i posted the statement is that there must be something that analyst observed in Pakistan's behaviour that led to the statement of "Hard talk with Pakistan does not work, they just dig in deeper" and that maybe the possible reason of no change in Pakistan's behaviour.
unfortunate for US too. Now may i ask you a question. Do you think that US does not differentiate between North korea and pakistan? How can you compare pakistan with north korea?
your aurguments are stupid..so let me explain it to 5 years old kid
first Pakistan debt is no where near crisis level, our debt is around 60% which is very health, on external front its 30%, so to bring it let say 40% it will take 40 billion dollars, which is twice the increase in our debt in last 5 years(pakistan took only 17 billion dollars over the last 5 years)
so in another words pakistan will not be debt crisis even if it takes double the amount of loan it took in 5 years in next 5 years and assuming that our growth is negative
pakistan growth is nearing 6%, small problems on external front are natural with sudden imports increase due to power sector and machinery whether Pakistan achieve that via IMF or via bonds is purely poltical decision , it doesnt matter either way...but ofcourse you have no idea what i am talking about do you?...
just see what india total debt and liabilities % of GDP were in 2008 vs ours now, and India CAD and ours now..than come and reply
with exports growing at 12+ plus for last 12 months, i dont see any major or even minor crisis neither do experts at top in Pakistan apart from tabloids across the boarder..a gap of 4-6 billion dollars wil be needed to be bridged whether govt opts bonds or IMF is up to the govt...for now it seems govt has decided on bonds
Why would Pakistan do more after the FATF saga?
To avoid crossing the road into a "blacklist". Unless going from a greylist to blacklist and joining the likes of N Korea and the sanctions it faces is an acceptable risk.Why would Pakistan do more after the FATF saga?