- Apr 16, 2015
Pakis to pay 3.5 % interest rate to Saudis
Kya bhikari hai ye Pakistani𝑻𝒉𝒆 𝑾𝒐𝒍𝒇𝑷𝒂𝒄𝒌 (@TheWolfpackIN) Tweeted:
Britain to give £55 million aid to Pakistan to combat climate change effects.
External debt of Pakistan has already crossed 125.8 Billion USD as on 30 September 2021Given their state of the economy, can we expect their military spending to stay below $15 billion for the next 15 years?
The way I see every month they are begging someone for new loans to pay off the old loans. Their external debt is close to $120 billion last I checked. And they have paltry $20 billion in forex reserves. Their exports are very low value added products and they have never crossed more than $30 billion in exports in a year. I am just wondering the impact their economy will have on military spending.
Highly improbable they will implode.Pakistan has paid a whopping $100m in penalties to Asian Development Bank for its failure in executing various donor-funded projects during last 15 years
Lol, they are imploding slowly and slowly, but somehow they’re very rich according to PeeDF.
Implosion is inevitable, the way their economy is heading there will be absolute menace, just check their FDI stats, already piss poor which got Fkd up after their Afghanistan misadventure.Highly improbable they will implode.
They will go for a debt waiver imo, approaching IMF and other western back institution, scaring them that terrorist may take their nuclear bombs. Voila Debt waiver on its way.
Pakistan was never a normal state. It is like the guy who is drug addict and having syphillis.Implosion is inevitable, the way their economy is heading there will be absolute menace, just check their FDI stats, already piss poor which got Fed up after their Afghanistan misadventure.
No local industry spurring up, and import getting higher, do you think they’ll have enough dollars? Inflation is going to be sky high and their debt is already risinh day by day. Just wait and watch.
Yes they may not “implode” but ya expect some serious shit.
Yes, just look at us, PLI scheme, terrific infra construction, multiple economic reforms, increasing FDI, big mega projects, industrial and defence corridors, FTAs with multiple countries, stock market book, booming startups, rising exports and IT industry recording double digit growth, and many more. It’s all going good for us.Pakistan was never a normal state. It is like the guy who is drug addict and having syphillis.
He comes at you give me money or I spit on your face. So the guy just to continue his way calmly will give that money. With nuclear warheads numbering in 100s coupled with rabid islamist, it will scare many capital.
This leverage will be useful to coerce them to write off their debt or give them some other relief.
As it their demographic pressure will inevitably spill over to Indian side. No water resource, no jobs and with us becoming richer so that will a juicy target.
I don't think paki economy will implode, they have informal economy and remittances to keep it floating. due to informal nature of their economy, their numbers are not being recorded for productive purposes, that doesn't mean cash is not circulating. as you said they won't grow because of nature of cash inflow, but they won't collapse either.Yes, just look at us, PLI scheme, terrific infra construction, multiple economic reforms, increasing FDI, big mega projects, industrial and defence corridors, FTAs with multiple countries, stock market book, booming startups, rising exports and IT industry recording double digit growth, and many more. It’s all going good for us.
While in Pakistan. No one’s setting up production, pathetic infra, stock market is just 17% of their GDP lol, Startups receiving 1/100th the funding we get (and forus it’s just the beginning), they get pathetic level of FDI, literacy rate lowest in Asia after Afghanistan, no innovation, high debt, and high population growth, it all sounds disaster to me.
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