$6.7b oil facility sought from Saudi

[bafxet]

Imagine if Saudis pulls the plug. 12 billions of remittances, 8 billions cash deposit will evaporate in thin air. The economy will crumble. In fact, they are keeping the country afloat.

Dependence of one source upto this extent is insanely wild. We must learn to live within our means and earn respect.

 

[HAIDER]

Most of IPPs owned by 40 Pakistani families, groups

Fact sheet released by ex-minister Gohar Ejaz reveals consumers paid Rs1.93tr capacity payments to IPPs last fiscal year including Rs46b to two IPPs with zero

www.nation.com.pk

That is why all agreements were dollar backed. No patriot would allow such ruthless resource and wealth extractions, but these three classes politicians, judges and bureaucrats are literally siphoning of wealth.

And signed in UK, no jurisdiction of Pakistan govt.

 

[hydrabadi_arab]

this is official govt poster btw

 

[Goenitz]

The more things change, the more they stay the same it seems. More loans, more cheap loans, more grace periods on payment of loans.. More requests for forgiveness of previous loans, more requests for loans to become aid ...

To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.

Accept third party cookies

Pakistan Govt beats the investor in taking loans. Let's say a business will take a loan only at 10%, but the govt is desperate to take a loan at 15% (from local banks)