Pakistan Economy : Updates and Discussions

Between now and June, $1.8 billion is due for repayment to multilateral institutions, $5.3 billion to commercial banks and the IMF plus $1.3 billion to bilaterals. That’s a massive $8.4 billion due for repayment between now and June.
www.thenews.com.pk

The ticking bomb

In 2022-23, Pakistan’s gross external financing requirement stands at $28 billion. In the past seven months, our trade gap widened to an unprecedented $28.8 billion. The SBP has lost $1.5...
www.thenews.com.pk www.thenews.com.pk
 
  • Like
  • Informative
Reactions: Ashwin, Chain Smoker and Sathya
Ankit Kumar said:
Between now and June, $1.8 billion is due for repayment to multilateral institutions, $5.3 billion to commercial banks and the IMF plus $1.3 billion to bilaterals. That’s a massive $8.4 billion due for repayment between now and June.
www.thenews.com.pk

The ticking bomb

In 2022-23, Pakistan’s gross external financing requirement stands at $28 billion. In the past seven months, our trade gap widened to an unprecedented $28.8 billion. The SBP has lost $1.5...
www.thenews.com.pk www.thenews.com.pk
Click to expand...
This money will keep on increasing after some time even china will find hard to afford these beggars.
 
Chain Smoker said:
This money will keep on increasing after some time even china will find hard to afford these beggars.
Click to expand...
Interset rates of new borrowings are sky rocketing. They are even offering 7% for non residential Pakistanis on deposits.

That's what we get in PPF here for 15 year lock in period and that too with a max deposit limit of 1.5 lpa.

They are offering for mere 5 years.

By 2025 another financial storm is due.

By the way good job IKN. Our number one agent in Pakistan working under cover 😂
 
  • Like
Reactions: Chain Smoker
Ankit Kumar said:
Interset rates of new borrowings are sky rocketing. They are even offering 7% for non residential Pakistanis on deposits.

That's what we get in PPF here for 15 year lock in period and that too with a max deposit limit of 1.5 lpa.

They are offering for mere 5 years.

By 2025 another financial storm is due.

By the way good job IKN. Our number one agent in Pakistan working under cover 😂
Click to expand...

Imran Khan has only one Aim
To Survive till 2023 June Election

That is because the Opposition wants to remove him Right now

So he will take loans , unsustainable loans and pass on the burden to the next government

The previous government also did the same thing

Pakistan economy will survive as long as China wants it to survive

It is a slow moving train wreck , but China can still save them from Bankruptcy

Ultimately it depends on what are China's long term aims and visions regarding Pakistan
 
  • Like
Reactions: Chain Smoker
STEPHEN COHEN said:
Imran Khan has only one Aim
To Survive till 2023 June Election

That is because the Opposition wants to remove him Right now

So he will take loans , unsustainable loans and pass on the burden to the next government

The previous government also did the same thing

Pakistan economy will survive as long as China wants it to survive

It is a slow moving train wreck , but China can still save them from Bankruptcy

Ultimately it depends on what are China's long term aims and visions regarding Pakistan
Click to expand...
Economic strangulation will ensure that higher tech both in military and civil areas which can be obtained from West or say countries like Brazil or South Africa is out of reach.
 
  • Like
Reactions: Chain Smoker
Ankit Kumar said:
Economic strangulation will ensure that higher tech both in military and civil areas which can be obtained from West or say countries like Brazil or South Africa is out of reach.
Click to expand...
I really don't understand why have we opened tech taps for them. The Brazillians and South Africans would love to sell us weapon and jointly develop hardware with us. And it only will increase our strategic signature in those regions. Both of them have extremely advanced tech and even military experience that would fit our requirements very well. These are the last sources for Pakistani miltech procurement.
 
Lolwa said:
I really don't understand why have we opened tech taps for them. The Brazillians and South Africans would love to sell us weapon and jointly develop hardware with us. And it only will increase our strategic signature in those regions. Both of them have extremely advanced tech and even military experience that would fit our requirements very well. These are the last sources for Pakistani miltech procurement.
Click to expand...
We haven't tapped the potential in South America. Instead of Brazil , Columbia is our entry point commercially speaking in South America.

Better relationships there will open up job opportunities for the young here. Might not be a lot. But even say 500-600 going a year will mean employment for 500-600 families. We need to make a start.
 
  • Like
Reactions: Chain Smoker
STEPHEN COHEN said:
Imran Khan has only one Aim
To Survive till 2023 June Election

That is because the Opposition wants to remove him Right now

So he will take loans , unsustainable loans and pass on the burden to the next government

The previous government also did the same thing

Pakistan economy will survive as long as China wants it to survive

It is a slow moving train wreck , but China can still save them from Bankruptcy

Ultimately it depends on what are China's long term aims and visions regarding Pakistan
Click to expand...
China will soon figure it out that investing in Pakistan was their biggest mistake just like America.
 
_Anonymous_ said:

Muahahahahahaha
Click to expand...
That's bound to fail... Only an idiot will part gold with a piece of TOILET PAPER printed with a Jinna and a rupee symbol... 🤗😊😊

I do know Pakistanis are born retard with lowest IQ level due to cousin marriages but they do have an IQ level to distinguish GOLD and Toilet Paper.... 😊😊😊
 
UAE rolls over $2 billion Pakistan debt

The UAE has rolled over $2 billion debt for one more year, Finance Secretary Hamid Yaqoob Sheikh told The Express Tribune on Monday. The facility had matured last month and Pakistan had sought a three-year extension.

The outgoing prime minister, Imran Khan, had requested the $6 billion facility in November 2018 but the UAE approved $2 billion for a period of three years that became effective in early 2019. It was the second major facility that a foreign country rescheduled in past 10 days.
Yet the foreign exchange reserves remained on a sliding path despite a major relief from China and the UAE.

The Finance Ministry spokesman said that the UAE had not yet taken a decision on the rollover of another $450 million debt that matured few weeks ago. Pakistan had not paid back the $450 million debt, although Dubai had demanded its money back.

tribune.com.pk

UAE rolls over $2 billion Pakistan debt | The Express Tribune

IMF expresses willingness to engage with next govt
tribune.com.pk tribune.com.pk
 
PKR ready to hit 200 before end of Ramzan

1649315735675.png
 
  • Like
Reactions: Ironhide
You must log in or register to reply here.
Top Bottom