Pakistan External Debt
- Thread starter ejaz007
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SoulSpokesman
Trusted Member
@hydrabadi_arab @RajaBaja
Hydra bro/Raja Babu,
As long as the growth in debt doesn't exceed growth in nominal GDP (that is without adjusting for inflation) it is fine.
@FarhanSiddiqui
Our debt is in US dollars and it should be reported in that currency.
Nope. Only a part of your public debt is forex denominated.
Regards
Hydra bro/Raja Babu,
As long as the growth in debt doesn't exceed growth in nominal GDP (that is without adjusting for inflation) it is fine.
@FarhanSiddiqui
Our debt is in US dollars and it should be reported in that currency.
Nope. Only a part of your public debt is forex denominated.
Regards
RealNapster
Elite Member
But but but
(can't post with less than 3 words, just realized this explanation made my post much more than 3 words)SoulSpokesman
Trusted Member
@RealNapster
Nappy Bro,
I did notice that. What I meant was about the future, that if future debt growth is in line with GDP it is fine.
Regards
Nappy Bro,
I did notice that. What I meant was about the future, that if future debt growth is in line with GDP it is fine.
Regards
hydrabadi_arab
SpeedLimited
? Nothing new. My position is clear, Nawaz and Imrandu both ruined Pakistan economy. Only now under establishment we are seeing some sense but its not enough. Pace of reforms are slow.
1. SOE's losses still pilling up.
2. Renegotiate NFC award as provinces are basically debt free while all of Pakistan debt is paid by federal government.
FY24-25 debt to GDP increased 3% to 73% which is unacceptable. Should be going down especially under IMF. Only reason is no reforms done.
RealNapster
Elite Member
Just these two ?
Are you sure you are not missing out some 30+ years rule of 4 generals? One islamized (in a negative way) out society and brought kalashinkov culture. The other brought political circus. Third one thrown us under the train by dragging us in a long long war that had nothing to do with us. Sorry forgot about the 4th one, who helped split our country in two in 71.
But yes Imrandu and Nawazandu it is. No one else.
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SoulSpokesman
Trusted Member
@hydrabadi_arab
Hydra bro,
Renegotiate NFC award as provinces are basically debt free while all of Pakistan debt is paid by federal government.
Provinces will never accept a reduction in revenue share. A better way would be to slash, if not eliminate, all public welfare and states subjects spends (health, education etc) from Federal budget to State budget. The problem is that your Federal ministers and bureaucrats would lose their opportunity to make money.
Regards
Hydra bro,
Renegotiate NFC award as provinces are basically debt free while all of Pakistan debt is paid by federal government.
Provinces will never accept a reduction in revenue share. A better way would be to slash, if not eliminate, all public welfare and states subjects spends (health, education etc) from Federal budget to State budget. The problem is that your Federal ministers and bureaucrats would lose their opportunity to make money.
Regards
RealNapster
Elite Member
I studied interpolation and extrapolation concepts in my previous degree. Learned them in bachelor's as well but soon forgot.
But what I can say, through extrapolation, using the previous 78 years and today's situation as data points - the future is bleak.
hydrabadi_arab
SpeedLimited
No? See Pakistan being near bankrupt have little to do with our FP adventures. You just need to spend what you earn or get $$.
In fact last 10 years were worst ever because we borrowed more then ever, especially Nawaz Sharif between 2013-2017.
RealNapster
Elite Member
Tell me of one instance in previous 50 years , when
1. Pakistan was not near bankrupt.
2. Pakistan was not on a "nazuk morr".
3. Opposition parties were not on RAW payroll. (You got the point. Every government is brought by establishment. Calling opposition raw agents helps).
hydrabadi_arab
SpeedLimited
I think the plan is to not reduce share of provinces but to include ex-FATA, Islamabad, Azad Kashmir and Gilgit under current award. Along with federal government cutting off Benazir Income, asking provinces to share cost of big infrastructure projects in their provinces etc
SoulSpokesman
Trusted Member
@hydrabadi_arab
Hydra bro,
You just need to spend what you earn or get $$.
Between 1988 to 1999, your Fauj didn't allow a single civilian govt to complete its tenure. You think in such circumstances any govt can think of, let alone execute a long-term plan? Is this a scenario which would encourage any investor to put in money in PAK.
Regards
Hydra bro,
You just need to spend what you earn or get $$.
Between 1988 to 1999, your Fauj didn't allow a single civilian govt to complete its tenure. You think in such circumstances any govt can think of, let alone execute a long-term plan? Is this a scenario which would encourage any investor to put in money in PAK.
Regards
hydrabadi_arab
SpeedLimited
See charts above, FY2014 Pakistan was in good position fiscally speaking despite worst ever era of terrorism between 2008-2013. The coming government needed to work on that and build up foreign reserves and not waste them on imports and useless projects.
RealNapster
Elite Member
So, again, nazuk morr.
Respect4Respect
Trusted Member
that fool doesn't see it, his so called Army/establishment thrive on chaos & political instability, and that's exactly why this "nazuk morr" has no end in sight.
