General Economic Updates

[Fatman17]

Fears mount as loan talks with China face uncertainty https://www.dawn.com/news/1848261

 

[Fatman17]

 

[EugeneP]

Fears mount as loan talks with China face uncertainty https://www.dawn.com/news/1848261

This seems to be a tacit statement of default:

$27bn re-profiling needed to secure IMF bailout

Pakistan asks China, Saudi Arabia, UAE to roll over $12bn annual debt portfolio by three to five years.

www.dawn.com

The word 'needed' seems to suggest conditionality. If other countries don't reschedule, IMF seems to be unwilling to be the sole lender of last resort.

The phrase "loss of fiscal space" seems to be a euphemism for default.

 

[PakFactor]

@Forsvaret @Fatman17

Foreign investors repatriate $2.2bn in FY24, a massive 569% increase YoY​

Foreign investors repatriate $2.2bn in FY24, a massive 569% increase YoY

Foreign investors repatriated a massive $2.215 billion on account of profit and dividend during fiscal year...

www.brecorder.com

Foreign investors are slowly shifting profits outside the country.

On the flip side, some are waiting on rupee recovery to sell the property and shift funds back to the West or GCC; it's been a disaster the last two years on the property front. I personally have lost 40% just holding in Lahore itself. I was giving the country the benefit of the doubt, but I should have heeded fathers words to stay away.

 

[Forsvaret]

@Forsvaret @Fatman17

Foreign investors repatriate $2.2bn in FY24, a massive 569% increase YoY​

Foreign investors repatriate $2.2bn in FY24, a massive 569% increase YoY

Foreign investors repatriated a massive $2.215 billion on account of profit and dividend during fiscal year...

www.brecorder.com

Foreign investors are slowly shifting profits outside the country.

On the flip side, some are waiting on rupee recovery to sell the property and shift funds back to the West or GCC; it's been a disaster the last two years on the property front. I personally have lost 40% just holding in Lahore itself. I was giving the country the benefit of the doubt, but I should have heeded fathers words to stay away.

Rats are jumping off the sinking ship once called Pakistan

 

[PakFactor]

Rats are jumping off the sinking ship once called Pakistan

Indeed, but can't blame them, first priority is capital preservation at all costs. The powers that be deserve what's coming.

Check out the latest news on cotton.

 

[Fatman17]

PPP largest IMF borrower followed by PMLN, document reveals https://www.thenews.com.pk/print/1216470-ppp-largest-imf-borrower-followed-by-pmln-document-reveals

 

[Fatman17]

 

[Fatman17]

Super-rich companies exit Pakistan, divest billions in assets https://www.thenews.com.pk/print/12...anies-exit-pakistan-divest-billions-in-assets

 

[Fatman17]

Pakistan will have to repay $26.2bn foreign loans this year: SBP chief https://www.thenews.com.pk/print/12...epay-26-2bn-foreign-loans-this-year-sbp-chief

 

[Fatman17]

 

[Fatman17]

 

[Forsvaret]

View attachment 58997

Congratulations

 

[Fatman17]

Congratulations

Lumber 1

 

[Fatman17]

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