Asian.Century
ELITE MEMBER
- Joined
- Nov 1, 2010
- Messages
- 10,754
- Reaction score
- -2
- Country
- Location
How close is Pakistan to default
- Thread starter HAIDER
- Start date
Dr. Strangelove
SENIOR MEMBER
- Joined
- Apr 20, 2011
- Messages
- 5,208
- Reaction score
- 14
- Country
- Location
Default is imminent now. During the First few weeks of June will see the last semblance of Economic Control and stability go away and then all hell will break loose.
If anyone is wondering what is the secret behind the deadlocked IMF deal, Fortune has an interesting report. It is basically a rivalry between IMF and China about who will take a loss.
'In a lot of the world, the clock has hit midnight': China is calling in loans to dozens of countries from Pakistan to Kenya
Keeping schools open, the lights on and even food on the table is being threatened by debt payments from the $1 trillion Belt and Road program.
Hero786
FULL MEMBER
- Joined
- Sep 30, 2016
- Messages
- 1,111
- Reaction score
- 1
- Country
- Location
Dollar is of 312 PKR in Open Market.
www.forex.pk
Currency Rates in Pakistan Open Market Dollar Rate
Forex.pk offers daily in open market Dollar rate & other currency rates as per Pakistani Market. Here you can find historical and today currency rates in Pakistan.
Dalit
ELITE MEMBER
- Joined
- Mar 16, 2012
- Messages
- 23,669
- Reaction score
- -12
- Country
- Location
Dollar is of 312 PKR in Open Market.
Currency Rates in Pakistan Open Market Dollar Rate
Forex.pk offers daily in open market Dollar rate & other currency rates as per Pakistani Market. Here you can find historical and today currency rates in Pakistan.
The economy has gone bust.
Hero786
FULL MEMBER
- Joined
- Sep 30, 2016
- Messages
- 1,111
- Reaction score
- 1
- Country
- Location
Clutch
ELITE MEMBER
- Joined
- Aug 3, 2008
- Messages
- 17,011
- Reaction score
- -3
The only way Pakistani establishment will learn is when everything around them collapses and the idiots looks back and say, "oops, shoot... Time to move to that London flat".
If anyone is wondering what is the secret behind the deadlocked IMF deal, Fortune has an interesting report. It is basically a rivalry between IMF and China about who will take a loss.
'In a lot of the world, the clock has hit midnight': China is calling in loans to dozens of countries from Pakistan to Kenya
Keeping schools open, the lights on and even food on the table is being threatened by debt payments from the $1 trillion Belt and Road program.fortune.com
Very revealing. Only one common link among all such countries. Interesting times ahead.
If anyone is wondering what is the secret behind the deadlocked IMF deal, Fortune has an interesting report. It is basically a rivalry between IMF and China about who will take a loss.
'In a lot of the world, the clock has hit midnight': China is calling in loans to dozens of countries from Pakistan to Kenya
Keeping schools open, the lights on and even food on the table is being threatened by debt payments from the $1 trillion Belt and Road program.
Yes and No, debt isn't bad; I have a heavy obligation in my business; however, how it's used to generate positive cash flow assets matters. As of yet, no single public entity is making money before and after taking on debt. So the problem isn't the debt but debt and project management.
China doesn't say take the money and buy London properties.
Dalit
ELITE MEMBER
- Joined
- Mar 16, 2012
- Messages
- 23,669
- Reaction score
- -12
- Country
- Location
I am definitely not against an economic collapse of Pakistan.
Imran Khan
PDF VETERAN
- Joined
- Oct 18, 2007
- Messages
- 68,815
- Reaction score
- 5
- Country
- Location
Wish no money for salaries of napak fauj and police
N.Siddiqui
ELITE MEMBER
- Joined
- Nov 21, 2015
- Messages
- 9,712
- Reaction score
- 13
- Country
- Location
This imminent default is by design.
