General Economic Updates

According to Bloomberg, these were priced at yields of 7.75% for the 5.5 year bond and 8.25% for the 10 year. That is very expensive compared to what China, Saudis and IMF are charging.

This is first time Pakistan have secured 10 year bond, a sign of confidence.

IMF/Saudi/China rollovers tells foreign investors to stay away, this country cannot manage its finances. Forget about foreign investors, even locals stop all their investment.
 
This is first time Pakistan have secured 10 year bond, a sign of confidence.

IMF/Saudi/China rollovers tells foreign investors to stay away, this country cannot manage its finances. Forget about foreign investors, even locals stop all their investment.
I don't think anyone is going to rush in to invest in Pakistan just because the government borrowed dollars from the market at 8.25%.
 

Exports continue to struggle

Pakistan retarded economic policy is such that it provide $1 mmbtu gas to homes and $14 mmbtu to industry. Electricity that is double the price of BD/India.

Now industry is spending money on solar/bess instead of expansion.
 

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