Without reforms, Pakistan’s growth rate to remain at 2.5pc till 2024: IMF

[nahtanbob]

Are you people illiterate or just stupid? Please read beyond the headlines.

The IMF said if reforms are not undertaken, growth will be low. As we know the very same REFORMS ARE BEING UNDERTAKEN. We know this because most of you like to b1tch and whine about the impact these reforms will have on your pocket.

The loan itself is not the big deal - we probably could have gotten a loan from elsewhere. What really matters is the austerity measures that will take place.

Expect much more of this in the future - no more living for free. No more subsidised fuel paid for by loans.

in other words you want the IMF to be a punching bag for the austerity measures

S Korea relied heavily in Japan for loans since the WB would not finance its projects....saying it's economy was too small. Look at S Korea today. There economist in S Korea that urge not to go the WB/IMF route since their medicine hurts developing nations more than it helps.

Wb/imf push western political interests. Population control is major objective of this institutions. Largest loans are given to affluent nations with pro american leaders.

why would affluent nations get WB/IMF loans ?

 

[CrazyZ]

in other words you want the IMF to be a punching bag for the austerity measures


why would affluent nations get WB/IMF loans ?

Poland was the biggest recipient of IMF money a few years ago. Many other middle income nations have received large sums from imf/ world bank.

Many affluent nations export little and have huge debts. A big chunk of the EU is that way. The average Greek has a bigger home than the average German?? Yet the Germans keep bailing them out. The price for the 4rth Reich.

 

[nahtanbob]

Poland was the biggest recipient of IMF money a few years ago. Many other middle income nations have received large sums from imf/ world bank.

Many affluent nations export little and have huge debts. A big chunk of the EU is that way. The average Greek has a bigger home than the average German?? Yet the Germans keep bailing them out. The price for the 4rth Reich.

Poland is not a habitual offender who hits the IMF for loans. Poland and Mexico got lines of credit in 2009 due to economic crisis. they are relatively well managed economies.

Greece is a completely different story

 

[Pakhtoon yum]

This sounds like growth rates are different but the IMF advertise them as they please, to please the demands of wealthy nations.

 

[CrazyZ]

Poland is not a habitual offender who hits the IMF for loans. Poland and Mexico got lines of credit in 2009 due to economic crisis. they are relatively well managed economies.

Greece is a completely different story

Poland and Mexico don't have spillover wars going on.

 

[313ghazi]

in other words you want the IMF to be a punching bag for the austerity measures


why would affluent nations get WB/IMF loans ?

You must have studied at one of those colleges where your baboon kind climb the walls to sell people the answers.

I did not blame austerity measures on the IMF or even insinuate it. I clearly stated that regardless of where we get money from the austerity measures are important.

 

[nahtanbob]

Poland and Mexico don't have spillover wars going on.

for starters they do not have follow stupid strategic depth doctrines

You must have studied at one of those colleges where your baboon kind climb the walls to sell people the answers.

I did not blame austerity measures on the IMF or even insinuate it. I clearly stated that regardless of where we get money from the austerity measures are important.

I am stating the obvious - your government will blame the IMF for austerity measures
maybe if your leaders grew a pair of balls they would not have to blame the IMF

 

[Rusty]

lol Same as yours you have no clue what had happened to your country and just want to blame someone who is in power for few months. Stop using internet and seek ways to earn for yourself rather than blaming other and wait for miracles to happen or someone from govt provide you job. Use careem, uber to earn better if you can't have proper job due to bad situation of the country. They also hire if you only have bike and don't tell me you don't have one. Stop bee typical Naan Qeema khoor.

Best reply to a patwari ever!!
We should just copy paste this every time a patwari opens their mouth.

for starters they do not have follow stupid strategic depth doctrines



I am stating the obvious - your government will blame the IMF for austerity measures
maybe if your leaders grew a pair of balls they would not have to blame the IMF

You have no idea what you're talking about.

Do you even know who the pm of Pakistan is?

Previous governments had blamed imf for their mismanagement.
Current government is only blaming previous one. They know that it was the fault of corruption and not imf.

So before you try to sound smart, make sure you know your facts.

 

[nahtanbob]

Best reply to a patwari ever!!
We should just copy paste this every time a patwari opens their mouth.



You have no idea what you're talking about.

Do you even know who the pm of Pakistan is?

Previous governments had blamed imf for their mismanagement.
Current government is only blaming previous one. They know that it was the fault of corruption and not imf.

So before you try to sound smart, make sure you know your facts.

The whole thing is moot until there is a deal with IMF

 

[Rusty]

The whole thing is moot until there is a deal with IMF

If you knew urdu you can watch speeches from the finance minister.
He has always claimed that tough times are ahead, he has blamed the previous corrupt government for the situation we are in, and he has said that imf is a last resort option .He has never blamed imf for what it is and what they will ask pakistan to do.

So again, please try to educate yourself about the situation.

 

[CrazyZ]

for starters they do not have follow stupid strategic depth doctrines



I am stating the obvious - your government will blame the IMF for austerity measures
maybe if your leaders grew a pair of balls they would not have to blame the IMF

Strategic depth doctrine is a myth...nuclear weapons change the equation. 911 was planned in Germany, regime change in Afghanistan was not necessary for your security. I can assure you when I say your government regrets toppling the Taliban......and kicks itself for not negotiating with the Taliban long ago.

 

[nahtanbob]

Strategic depth doctrine is a myth...nuclear weapons change the equation. 911 was planned in Germany, regime change in Afghanistan was not necessary for your security. I can assure you when I say your government regrets toppling the Taliban......and kicks itself for not negotiating with the Taliban long ago.

9/11 might have been planned in German soil. I say a good reason to restrict immigration (a topic for another thread) But I say confidently German government and its agencies does not harbor terrorists

 

[maithil]

I am sure PTI social media team will tout this as some big success of IK's economic team.

 

[Crusher]

Pakistan should be thankful that the growth will at least remain positive, the kind of criminal neo-liberal economic policies that have been pursued in pakistan in the last 20 years, pakistan's growth rate can well enter into even negative territory which means contraction instead of "growth" of economy. And then we will be saying oh we made an improvement our negative growth rate of 2021 is -1.5 instead of -3.5 in 2020. Look what happened with people of Greece in the last 8 years, everyone in Greece suffered because their country was also living beyond it means before 2008/2009 crisis. Greece started austerity measures where salaries and pensions in Greece were cut in half and many people started living on charity, riots against the government against salaries/pension cuts became quite rampant in Greece during last 8 years. But Greek government stuck to austerity program and now Greece has finally just started coming out of the crisis.