Pakistan foreign data water rise chart

[hassam]

 

[Talwar Gujjar]

Trash talk. MOUs don't become loans until they are actually executed. It is to the credit of PMLN Govt that youare considered credit worthy.

 

[Admiral]

It is to the credit of PMLN Govt that you are considered credit worthy.

Back to the track, phir say bheek mangnay par lag jao

 

[Talwar Gujjar]

Back to the track, phir say bheek mangnay par lag jao

Go read some economics. Even America does its development on credit. Cheap talk is easy.

 

[Admiral]

Go read some economics.

No, I wouldn't. I am pretty confident with my math and computing.
Your economics doesn't make (-20) + (-20) = 0 simply. $20B New Loan , while already $20B is stolen via tax evasion !! Go read some mathematics !!

Even America does its development on credit.

America can do that, after all world would pay for that, by buying American credit. And who's gonna buy Pakistani credit?? You??[hilar]

Cheap talk is easy.

Yeah, I can see that from your cheap comments.

 

[Talwar Gujjar]

No, I wouldn't. I am pretty confident with my math and computing.
Your economics doesn't make (-20) + (-20) = 0 simply. $20B New Loan , while already $20B is stolen via tax evasion !! Go read some mathematics !!

There is no 20B new loan. Our economy is too slow and small to absorb 20BN in a year. Manufacturing data does not make you smart. Tax evasion is definitely a problem but PMLN has improved recovery.

 

[Admiral]

There is no 20B new loan. Our economy is too slow and small to absorb 20BN in a year. Manufacturing data does not make you smart. Tax evasion is definitely a problem but PMLN has improved recovery.

Gujjar saheb, this is not "manufactured" data, its not even my stats. Its "State Bank of Pakistan", that claims $5.0B external loan, and around Rs. 1500 Billions internal/domestic loan (equivalent to $15.0B). So $20B as claimed by SBP (I am not responsible for these loans, please don't blame me for this). Links below:
$5.0 Billions New External Debt in One Year
>> www.sbp.org.pk/ecodata/pakdebt.pdf
$15.0 Billions (Rs. 1500 Billions) New Domestic/internal Debt in One Year
>> http://www.sbp.org.pk/ecodata/D-Debt-Liabilities.pdf

 

[Talwar Gujjar]

Gujjar saheb, this is not "manufactured" data, its not even my stats. Its "State Bank of Pakistan", that claims $5.0B external loan, and around Rs. 1500 Billions internal/domestic loan (equivalent to $15.0B). So $20B as claimed by SBP (I am not responsible for these loans, please don't blame me for this). Links below:
$5.0 Billions New External Debt in One Year
>> www.sbp.org.pk/ecodata/pakdebt.pdf
$15.0 Billions (Rs. 1500 Billions) New Domestic/internal Debt in One Year
>> http://www.sbp.org.pk/ecodata/D-Debt-Liabilities.pdf

I think you are now making some sense. $5B external debt is not that bad, given our reserves have also increased, and we have to service our debts to the tune of 3-4B. Our net foreign debt seems to have eased a little bit:
http://www.tradingeconomics.com/pakistan/external-debt

I don't know what has propelled our internal debt but we have to fund a lot of our white elephants--Wapda, Railway, PIA, Steel Mill and above all a bulging bureaucracy.

Even then, Pakistan is not in such a bad shape as far as its debt goes:

http://en.wikipedia.org/wiki/Government_debt

If PMLN Govt can go through its planned privatization, things can significantly improve.

 

[Ehsan Rana]

I think you are now making some sense. $5B external debt is not that bad, given our reserves have also increased, and we have to service our debts to the tune of 3-4B. Our net foreign debt seems to have eased a little bit:
http://www.tradingeconomics.com/pakistan/external-debt

I don't know what has propelled our internal debt but we have to fund a lot of our white elephants--Wapda, Railway, PIA, Steel Mill and above all a bulging bureaucracy.

Even then, Pakistan is not in such a bad shape as far as its debt goes:

http://en.wikipedia.org/wiki/Government_debt


If PMLN Govt can go through its planned privatization, things can significantly improve.

and then what ??? after privatization.
they might would go for rent a army or might sell it as well.