RajaRawal111
Prime Minister (20k+ posts)
? ? ? Right
تحریک انصاف حکومت نے 20 ارب ڈالر کے قرض واپس کیے
- Thread starter BeingPakistani
- Start date
RajaRawal111
Prime Minister (20k+ posts)
چل رین دے یار کوئی بات نہیں --- تم سے مشکل یا آسان سوال کیا کرنے
میں بھی جھک ہی مارتا ہوں - تم کوگوں کو بس ڈگ ڈگی کی آواز کے پہچان ہے
boss
Senator (1k+ posts)
راجہ کھوتی جی
تمہاری آنکھوں پر بھی کھوتے کی طرح کھرپے چڑھے ہوئے ہیں جو تمہیں کچھ دیکھنے نہیں دیتے
میرا کام ہے
تمہیں ہلکے پھلکے چھانٹے مارتا رہوں تاکہ فورم پر تیری چال سیدھی رہا کرے
?
karachiwala
Prime Minister (20k+ posts)
tangible projects like metro and orange train which will be burdening the country at a much faster rate. all SS was trying to do is look like a heron with that cap and actions. what people need no what the morons themselves need are good hospitals and education but maybe that was intended because you need a good excuse to run away from the country just like your aunt mrs. safdar is offering right now
RajaRawal111
Prime Minister (20k+ posts)
? مجھے جب تک تم لوگوں سے چھتر نہ پڑیں مجھے نیند کہاں آتی ہے یار
boss
Senator (1k+ posts)
RajaRawal111
Prime Minister (20k+ posts)
It is significantly above the ordinary Imrani's mental level to understand the utility of the Mass tarnsit projects. I don't want to waste time on that. Here is something you should never look at
Mass transit - Urban Mobility, Efficiency, Environment
Mass transit - Urban Mobility, Efficiency, Environment: Where the automobile is a major competitor to mass transportation, the use of transit has declined, reducing revenues available to pay the costs of these systems and services, and—in a setting where government subsidies are essential for...
www.britannica.com
I will try something for a smaller mind hope this works.
"In my city the Poor clerical staff for secretariat whole lived in the far-flung cheaper areas of Rawalpindi used to spend 5 hours daily on the transport to reach their work. They used to spend 6 Rs daily. Now they have 4 hours extra for their children and to earn some more living. This spares approx. 400,000 man-hours just in one city. Obviously, you cant understand that as well.
But you will definitely understand what your Donkey said when he inaugurated BRT.
Okara
Prime Minister (20k+ posts)
On top these projects must be operated by Pakistani but given operation to foreign companies which is the only example from whole world.
zaheer2003
Chief Minister (5k+ posts)
سٹیٹ بنک کی رپورٹ سے قومی قرضوں کی حقیقت جانیئے۔۔وجاو ڈگ ڈگیاں تے نچاو بوجے جی ---- ایک طرف سے لے کر دوسری طرف دے دینے کو واپسی کیہ کر نچو
اگر واپس ہوتے تو کم ہوتے نا --- اتنی چھوٹی سی بات کو کیا کرنا سوچ کر
External Debt in Pakistan increased to 115756 USD Million in the fourth quarter of 2020 from 113803 USD Million in the third quarter of 2020. source: State Bank of Pakistan
Pakistan External Debt 1970-2021
- Data are in current U.S. dollars.
- Pakistan external debt for 2019 was $100,818,526,514, a 7.79% increase from 2018.
- Pakistan external debt for 2018 was $93,531,752,991, a 8.72% increase from 2017.
- Pakistan external debt for 2017 was $86,031,955,223, a 17.79% increase from 2016.
- Pakistan external debt for 2016 was $73,041,126,773, a 9.52% increase from 2015.
Pakistan Total External Debt
External Debt in Pakistan increased to 131159 USD Million in the fourth quarter of 2023 from 129742 USD Million in the third quarter of 2023. This page provides - Pakistan External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.tradingeconomics.com
Pakistan External Debt 1970-2024
Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original...www.macrotrends.net
PM Imran Khan and PTI leaders have been railing against the PML-N for leaving Pakistan in a debt-trap. But are they telling the truth? I looked at the data, and my conclusion is that the PML-N has left Pakistan in a debt-trap, and its borrowing policy has been disastrous
Let’s start with the overall picture: in FY13, Total Debt & Liabilities stood at Rs16,339, which was 72.7% of GDP. This increased by a whopping 82.8% in five years to Rs29,861 to 86.8% of GDP in FY18.
Government domestic debt during went from Rs9,521 to Rs.16,415, and government external debt from Rs4,311 to Rs7,795 from FY13 to FY18. The total debt of Public Sector Enterprises (PSEs) ballooned from Rs521bn to Rs1,393bn during this same period, and the domestic portion of this debt more than doubled as a percentage of GDP, going from 1.4% of GDP in FY13 to 3.1% of GDP in FY18. In its last year, the government mostly relied in external borrowing, with the majority of these loans “contracted on floating interest rates” according to the SBP.
The negative impact of this is already being seen due to “upward trend in LIBOR” according to the SBP. What’s even worse is that the PML-N relied on short-term borrowing to meet its financing needs, increasing “exposure to refinancing and interest rate risk.”
They also borrowed heavily from commercial lenders at “higher rates” and “shorter tenors” leading the average maturity to decline from 21.1 years in FY10 to 10.9 years in FY18. All of this means that in addition to owing record sums of money, Pakistan is exposed to refinancing
and interest rate risks, and as global interest rates rise due to a tighter monetary policy of the US Fed, these risks will mount even further. All in all, the analysis of debt figures shows that the PML-N’s debt policy was woeful and has brought Pakistan on the brink!
Data I use comes from the latest SBP Annual Report, and the relevant section can be found here. I am also sharing some screenshots of tables for reference -
sbp.org.pk/reports/annual
Taking the data that you have quoted, it seems that the per year increase is $24.71 Billion
- Current Exchange Rate = 159.29
- The debt of Pakistan in Nov 2020 was Pak Rs 35,822 Billion
- The debt of Pakistan in 2018 was Pak Rs 26,968 Billion
- Increase in Debt (Pak Rs) = 35,822 - 26,968 = Pak Rs 8,854 Billions
- Increase in Debt ($) = 8,854/159.29 = $ 55 Billion
- Average Debt added per year = $ 55/2.25 = $24.71 Billions
zaheer2003
Chief Minister (5k+ posts)
It is significantly above the ordinary Imrani's mental level to understand the utility of the Mass tarnsit projects. I don't want to waste time on that. Here is something you should never look at
Mass transit - Urban Mobility, Efficiency, Environment
Mass transit - Urban Mobility, Efficiency, Environment: Where the automobile is a major competitor to mass transportation, the use of transit has declined, reducing revenues available to pay the costs of these systems and services, and—in a setting where government subsidies are essential for...
I will try something for a smaller mind hope this works.
"In my city the Poor clerical staff for secretariat whole lived in the far-flung cheaper areas of Rawalpindi used to spend 5 hours daily on the transport to reach their work. They used to spend 6 Rs daily. Now they have 4 hours extra for their children and to earn some more living. This spares approx. 400,000 man-hours just in one city. Obviously, you cant understand that as well.
But you will definitely understand what your Donkey said when he inaugurated BRT.
The unelected ex-finance minister, Miftah Ismail, on May 14, 2018 told the National Assembly that borrowing of Rs 22 trillion would be necessary for 2018-19 for payment of domestic/foreign debts/debt servicing. Thus for the newly elected government, the deadly debt trap was already laid by PML-N. Due to thoughtless policies of the economic wizard of PML-N, Ishaq Dar, presently suspended senator and proclaimed offender, the country's external debt and liabilities reached US$ 98.16 billion by the end of February 28, 2018. The position of internal debts is equally alarming. According to SBP, it stood at Rs 26.8 trillion as on May 1, 2018-it was Rs 22.5 trillion as on June 30, 2017. The consequences of present economic mess are obvious: more borrowing and taxes by the new government after elections on July 25, 2018 which will retard growth, affect fixed income earners and the poor. Further debts mean more squeezing of fiscal space-enormous debt-servicing leading to deadly debt trap that is, to borrow just to pay interest of old debts.
Debtocracy & enslavement – Business Recorder
Okara
Prime Minister (20k+ posts)
PMLN supporters wanted to argue on the hear say basis but without the base of any data.The unelected ex-finance minister, Miftah Ismail, on May 14, 2018 told the National Assembly that borrowing of Rs 22 trillion would be necessary for 2018-19 for payment of domestic/foreign debts/debt servicing. Thus for the newly elected government, the deadly debt trap was already laid by PML-N. Due to thoughtless policies of the economic wizard of PML-N, Ishaq Dar, presently suspended senator and proclaimed offender, the country's external debt and liabilities reached US$ 98.16 billion by the end of February 28, 2018. The position of internal debts is equally alarming. According to SBP, it stood at Rs 26.8 trillion as on May 1, 2018-it was Rs 22.5 trillion as on June 30, 2017. The consequences of present economic mess are obvious: more borrowing and taxes by the new government after elections on July 25, 2018 which will retard growth, affect fixed income earners and the poor. Further debts mean more squeezing of fiscal space-enormous debt-servicing leading to deadly debt trap that is, to borrow just to pay interest of old debts.
Debtocracy & enslavement – Business Recorder
fp.brecorder.com
Okara
Prime Minister (20k+ posts)
Which country's company running BRT of PeshawarIt is significantly above the ordinary Imrani's mental level to understand the utility of the Mass tarnsit projects. I don't want to waste time on that. Here is something you should never look at
Mass transit - Urban Mobility, Efficiency, Environment
Mass transit - Urban Mobility, Efficiency, Environment: Where the automobile is a major competitor to mass transportation, the use of transit has declined, reducing revenues available to pay the costs of these systems and services, and—in a setting where government subsidies are essential for...
I will try something for a smaller mind hope this works.
"In my city the Poor clerical staff for secretariat whole lived in the far-flung cheaper areas of Rawalpindi used to spend 5 hours daily on the transport to reach their work. They used to spend 6 Rs daily. Now they have 4 hours extra for their children and to earn some more living. This spares approx. 400,000 man-hours just in one city. Obviously, you cant understand that as well.
But you will definitely understand what your Donkey said when he inaugurated BRT.
Can u share one example of public transit project running on subsidy is operated by a private company let alone a foreign company?
RajaRawal111
Prime Minister (20k+ posts)
stop spinning the words. Current Govt is being run by the Most Intelligent creatures on earth. They are capable of running everything. They should have started running these projects.
By the way the piling up trash in Lahore is showing the capabilities.
So far as subsidies is concerned, I am surprised how you can survive in Canada with this level of Illiteracy.
Okara
Prime Minister (20k+ posts)
The most intelligent person on earth give me an example where Public transport is operated by a private company and local government is giving subsidy?
This means in two terms of Shahbaz Punjab was unable to even Lahore and used Turkish company and Also the metros were operated by Turkish companies as well. Once you destroyed a system now challenging why not to fix in 2.5 years.
I know its bad word but durr fittay monh.
Okara
Prime Minister (20k+ posts)
Intelligent Patwari
The public transit systems in Canada are owned by local city governments and operated by crown corporations of City. The federal and provincial governments may provide a portion of money for bigger projects which a City can't afford at its own but still the annual operating budget is of city government responsibility not provincial or federal.
There are three source of money for the operating budgets, 60% from Tickets/Passes and 40% is from Advertisement and Property taxes.
In case Lahore Metro the model of Shahbaz was that whole Punjab will subsidize metro for a portion of Lahore and money will be siphoned out of country via a Turkish company.
Safdar Safi
Senator (1k+ posts)
Apne baap Nawaz sharif aur Zardari se pocho! 30.000 Arab kahan gae?
Tou unhe pakro woh chor hein, daku, looterey hein.
RajaRawal111
Prime Minister (20k+ posts)
I can expect any kind of superficial and shallow thoughts from you. What the hell do you mean by "destroyed System", Was everything run by some supercomputer or AI. The busses were being operated and maintained by the Robots?? Explain to me the System which was established which is not mendable now. Come on man --- Tell me what do you know other than this single Buzz word.
And I am asking you only to put a drop of oil for your own brain gears to move.
