Pakistan General Elections 2024

[FuturePAF]

It’s 75 billion plus over next 3 years. Very very worrying.

So we in the dispora and locals need to raise $25 billion a year for the next 3 years. Wow.

Not to worry, if it feels like a collective struggle the people feel they have a real stake in, they could rise to the occasion, and then get use to investing, and then continue beyond the crisis.

 

[Bilal]

So we in the dispora and locals need to raise $25 billion a year for the next 3 years. Wow.

Not to worry, if it feels like a collective struggle the people feel they have a real stake in, they could rise to the occasion, and then get use to investing, and then continue beyond the crisis.

If we run current account balance (export plus remittances) then we will need additional 25-27 billion each year to payoff the due debt and interest. I shudder just thinking about it.

 

[Trailer23]

Lined internet or mobile?

Cellphone.

 

[TheChooChooTrain]

Now sure what Mr. Munir will do now. Turning the election from here forcefully will make things 10 times worse. Letting Imran come to power will be equally bad(for him).

Someone's not going to sleep tonight.

 

[FuturePAF]

If we run current account surplus then we will need additional 25-27 billion each year to payoff the due debt and interest. I shudder just thinking about it.

Indeed it’s a monstrous amount, but all the more reason, a unified effort to address it will help end the polarization.

Channel the enthusiasm aka people put their money where their mouth is so to speak.

 

[Gauz]

A thought that occurred to me. Considering how much support PTI has abroad, and how much the economy needs money to stabilize the economy and pay back the $85 billion in debts due over the next 5 years.

If the PTI makes a comeback in this election (in some kind of deal, that also helps end the polarization), and a new social contract (including large economic/tax reforms to raise funds domestically) can be made between the parties and the establishment, perhaps a plan can be made to raise funds from the diaspora (work 6 days instead of 5 days a week and send one day’s wages per week back to Pakistan) to buy out the IPPs and lower the cost of doing business.

Local and Diaspora investors wouldn’t be giving their money for free but buying the dead weight in the country and helping to remove the burdensome items.

Not fund new projects but help clear the heavy dead weight. ($17 billion a year for 5 years).

I don't think Pakistan can buy out the IPPs, the Chinese won't let them. Imagine if someone signed an irreversible contract to pay you one lakh every month for next 25 years, would you let them off the hook for like 10-15 lakhs? Not at all. No one would be that stupid. Pakistan has no option but to outrightly deny payment to the IPPs even if it means angering China.

 

[FuturePAF]

Now sure what Mr. Munir will do now. Turning the election from here forcefully will make things 10 times worse. Letting Imran come to power will be equally bad(for him).

Someone's not going to sleep tonight.

If they let Imran come to power, but just as the President (can’t be removed and can be highly visible for the next 5 years; a visual of stability), it could make way for a consensus candidate all have worked take up the PM role, and have real economists run the country from behind. Perhaps SMQ for PM.

IK would be better used to tour the country and the world to attract investment, not as much to sit in the PM office. He would probably also like it as much.

 

[Sainthood 2.0]

If we run current account balance (export plus remittances) then we will need additional 25-27 billion each year to payoff the due debt and interest. I shudder just thinking about it.

most of it gets rolled over anyways so we dont need 20 billion plus every year
We should just focus on positive CAD alongside growth overtime
As long as we strategian out our fundamentals our debt issues will get solved on its own

 

[Meengla]

A thought that occurred to me. Considering how much support PTI has abroad, and how much the economy needs money to stabilize the economy and pay back the $85 billion in debts due over the next 5 years.

If the PTI makes a comeback in this election (in some kind of deal, that also helps end the polarization), and a new social contract (including large economic/tax reforms to raise funds domestically) can be made between the parties and the establishment, perhaps a plan can be made to raise funds from the diaspora (work 6 days instead of 5 days a week and send one day’s wages per week back to Pakistan) to buy out the IPPs and lower the cost of doing business.

Local and Diaspora investors wouldn’t be giving their money for free but buying the dead weight in the country and helping to remove the burdensome items.

Not fund new projects but help clear the heavy dead weight. ($17 billion a year for 5 years).

And let's hope Pakistan is not put on some ugly list by Washington and its powerful rich allies for trumped up charges--no more remittance, expulsion from SWIFT banking, no more GSP+ by EU and on and on.
Pakistan needs to drastically reduce reliance on the Neo Con led World Order to avoid being blackmailed.

So all this stunt by the army and everyone else was to make the Imran Khan more popular while at the same time appeasing America by pretending to have used all the might to make Pakistan pro-America? Wah! What a mind blowing strategy!

It was majorly a power-play between the then Army Chief and Imran Khan, combined with the opportunism of the Opposition politicians and the thin majority of Imran's 'allies' who were bought off. No grand conspiracy theories are needed.
And if Pakistan would be unfortunate to witness that again, in just 1-2 years whoever would be in power would be facing the public wrath for inflation and whatnot and thus will restart the drama--just like the drama in early 2022 when people became disillusioned with Imran Khan and in the rules of the previous 'democratic' regimes in Pakistan.

 

[FuturePAF]

I don't think Pakistan can buy out the IPPs, the Chinese won't let them. Imagine if someone signed an irreversible contract to pay you one lakh every month for next 25 years, would you let them off the hook for like 10-15 lakhs? Not at all. No one would be that stupid. Pakistan has no option but to outrightly deny payment to the IPPs even if it means angering China.

You may be right. Let’s see what can be negotiated. If China knows this can be part of a long term plan to fix Pakistan and open the country up to more Chinese projects down the line, they may help convince the private companies.

 

[Bilal]

most of it gets rolled over anyways so we dont need 20 billion plus every year
We should focus on positive CAD alongside growth overtime
debt issues will get solved on its own

Yes, the decades old deficit driven economy is not an option anymore. We need the same growth formula that China, ASEAN, etc. used to achieve development.

 

[FuturePAF]

PML-N stealing votes/ballots?

https://twitter.com/x/status/1755627738541519297

 

[Gauz]

You may be right. Let’s see what can be negotiated. If China knows this can be part of a long term plan to fix Pakistan and open the country up to more Chinese projects down the line, they may help convince the private companies.

China doesn't need clients. It needs cash. See what happened in Lanka, the forcible takeover of Hambantota port.
Anyways, we can discuss this on other forums, but IPPs will keep sucking the Pak economy for decades.

 

[Gauz]

And let's hope Pakistan is not put on some ugly list by Washington and its powerful rich allies for trumped up charges--no more remittance, expulsion from SWIFT banking, no more GSP+ by EU and on and on.
Pakistan needs to drastically reduce reliance on the Neo Con led World Order to avoid being blackmailed.



It was majorly a power-play between the then Army Chief and Imran Khan, combined with the opportunism of the Opposition politicians and the thin majority of Imran's 'allies' who were bought off. No grand conspiracy theories are needed.
And if Pakistan would be unfortunate to witness that again, in just 1-2 years whoever would be in power would be facing the public wrath for inflation and whatnot and thus will restart the drama--just like the drama in early 2022 when people became disillusioned with Imran Khan and in the rules of the previous 'democratic' regimes in Pakistan.

You're right, the best way to END IK and PTI would be to let them come to power. The economy is in deep deep mess and IK has no plan. The best things any PM can do is declare bankruptcy and start from scratch but IK's ego won't allow that.

 

[alphapak]

Now sure what Mr. Munir will do now. Turning the election from here forcefully will make things 10 times worse. Letting Imran come to power will be equally bad(for him).

Someone's not going to sleep tonight.

They didn't accept the result of Mujibur Rehman and that led to break of
Pakistan a year later. If they don't accept this then Pakistan will break in 6
months, it is rinse and repeat of 1971.