Pakistani Economic Stress Watch

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Manish_P
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Re: Pakistani Economic Stress Watch

Post by Manish_P »

Fikar not. Once the amrekis leave the strategic back yard, the uniformed jihadis can again take over as being the international commission agents for the poppy crop industry which will be a focus area for the Talibunnies. This will help reduce loans A-o A
g.sarkar
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Re: Pakistani Economic Stress Watch

Post by g.sarkar »

https://dailytimes.com.pk/769776/govt-to-settle-debts/
Govt to borrow $16b to settle debts in FY22
Web Desk, June 9, 2021

ISLAMABAD: The government is planning to acquire $16 billion in the next fiscal year to counter the maturing external public debt, its recurring interest payments and finance the expected budget deficit. The figure would be the highest ever borrowed by Pakistan in a single year, underscoring its woes at the hands of recurring debt payments. However, the final figure would slightly be modified given discussions with the International Monetary Fund (IMF) conclude, said the Ministry of Finance.
The Ministry has estimated the source of receipts from floating $2 billion Eurobonds, contracting record $4.9 billion foreign commercial loans and about $3.1 billion lending by the IMF as well as from other bilateral lenders. Because of the government’s inability to channel inflows through other methods, the $16 billion gross official foreign currency reserves held by the State Bank of Pakistan (SBP) are largely built through borrowings, thereby constantly adding to the figures that are borrowed.
Unfortunately, the federal budget deficit for the next fiscal year that is also estimated over Rs 4 trillion is being planned to be bridged, again, through foreign loans.
The government is currently conducting dialogues with the IMF for the next loan tranche of $1 billion that will be disbursed at the beginning of new fiscal year, given both sides reach a standstill through which it is expected to receive $3.1 billion. The $16 billion loan plan is also partially subject to the continuation of the IMF programme.
......
Gautam
You can always borrow. Bas aap ne ghabrana nahi.
Manish_P
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Re: Pakistani Economic Stress Watch

Post by Manish_P »

La-whore via Kuwait :lol:

Yawn link - Quitting IMF programme not possible now: Tarin
IN a couple of television appearances, Finance Minister Shaukat Tarin quietly dropped a bombshell of an announcement and hurriedly moved. He said the IMF has postponed the ongoing sixth review of the facility Pakistan just restarted in April and decided to let the government first demonstrate the viability of its budgetary projections and assumptions before returning to the review “in two or three months”.

Here’s why this is a bombshell. The budget he has just announced has a deficit of almost Rs4 trillion, and more than a quarter, Rs1.056tr, of the net financing for this is supposed to come from floating international bonds and the IMF. Without satisfying the IMF and successfully concluding the sixth review it is highly unlikely that they will be able to realise these funds, as well as the many others that are subject to successful implementation of the Fund programme, such as disbursements from the World Bank and the Asian Development Bank.

And without these funds the budget — with all its tax cuts, subsidies and elevated development spending — could well be in jeopardy.
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Re: Pakistani Economic Stress Watch

Post by rsingh »

Fikar not 400 billion on table under W3B . What we need is good polititain to press upon west
g.sarkar
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Re: Pakistani Economic Stress Watch

Post by g.sarkar »

https://www.thestatesman.com/world/paki ... 76438.html
Pakistan hit with $38 billion loss due to FATF grey list
Pakistan was retained on the grey list as the Paris-based UN watchdog judged it deficient in prosecuting the top leadership of UN Security Council-designated terror groups.
IANS | New Delhi | June 26, 2021

Pakistan has been hit with massive losses to its GDP worth $38 billion because of the Financial Action Task Force’s (FATF) decision to retain the country on its grey list since 2008, according to a research paper published by the Islamabad-based independent think-tank, Tabadlab.
The paper titled, “Bearing the cost of global politics — the impact of FATF grey-listing on Pakistan’s economy“, has been authored by Naafey Sardar.
This comes against the backdrop of a fresh greylisting tag for Pakistan.
Pakistan was retained on the grey list, or list of countries under “increased monitoring”, as the Paris-based UN watchdog judged it deficient in prosecuting the top leadership of UN Security Council-designated terror groups.
The list includes Lashkar-e-Taiba, Jaish-e Mohammad, Al Qaeda and the Taliban.
As per the paper, results suggest that FATF grey-listing, starting in 2008 and till 2019, may have resulted in cumulative real GDP losses of approximately $38 billion.
Moreover, estimates indicate that a large proportion of this response (58 per cent) was driven by the reduction in consumption expenditures (both household and government).
Exports and inward foreign direct investment are also partially responsible for this decline in GDP, with associated cumulative losses of $4.5 billion and $3.6 billion respectively. These results point to the significant negative consequences associated with FATF grey-listing.
The estimates from this paper point to the significant negative implications of FATF’s grey listing for Pakistan, thus emphasizing the need for policymakers to comply with the FATF on the adoption of AML/CFT legislation to avoid future economic losses, it argued.
With the FATF’s latest action, Pakistan, even after ‘largely completing’ 26 of the 27 targets, will remain in the grey list for at least another year and deliver on seven new parallel action points to address deficiencies in its Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) regime, The Dawn said in a report.
The watchdog said in a statement that since June 2018, when Pakistan made a high-level political commitment to work with the FATF and APG to strengthen its AML/CFT regime and to address its strategic counter terrorist financing-related deficiencies, the country’s continued political commitment has led to significant progress across a comprehensive CFT action plan.
The FATF recognizes Pakistan’s progress and efforts to address these CFT action plan items and notes that since February 2021, Islamabad has made progress to complete two of the three remaining action items on demonstrating that effective, proportionate and dissuasive sanctions are imposed for TF convictions and that the country’s targeted financial sanctions regime was being used effectively to targeted terrorist assets.
Pakistan has now completed 26 of the 27 action items in its 2018 action plan.
“The FATF encourages Pakistan to continue to make progress to address as soon as possible the one remaining CFT-related item by demonstrating that TF investigations and prosecutions target senior leaders and commanders of UN designated terrorist groups.”
.....
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https://www.dawn.com/news/1631302/india ... ni-exports
India’s ‘rice flooding’ hurts Pakistani exports
Amjad Mahmood, June 25, 2021

LAHORE: Subsidised Indian rice is damaging Pakistan’s exports and the government must take up the issue with the World Trade Organisation (WTO) against New Delhi for “jeopardising international food security in violation of its rules,” a representative of local rice traders said on Thursday.
Pakistan rice exports, both Basmati and coarse varieties, during July 2020 to May 2021 (11MFY21) are 14 per cent less than that of the previous year. So far Pakistan has exported 3.3 million tonnes of rice in the 11MFY21 compared to 3.87m tonnes during the same period last year.
“India has offered its rice at an average rate of $360 per tonne while we have been quoting a price of $450 per tonne. This difference of around $100 per tonne has badly damaged our exports,” said Rice Exporters Association Pakistan President Abdul Qayyum Paracha.
Talking to Dawn, Mr Paracha said: “Under the WTO rules, flooding international markets with subsidised food, particularly rice, is an offence. Cambodia, Myanmar, Nepal, Thailand, Vietnam all are offering rice export prices at $420 to $430 per tonne then how India could offer the same at $360 per tonne?”Indian Basmati exports hit record volume as it has so far exported 4.3m tonnes of the commodity, he added.
.......
Gautam
Aditya_V
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Re: Pakistani Economic Stress Watch

Post by Aditya_V »

Pakistan should export all rice and wheat and put their citizens on a met only diet. Pakistan has the potential to be the world's slaughter house.
partha
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Re: Pakistani Economic Stress Watch

Post by partha »

g.sarkar wrote:https://www.thestatesman.com/world/paki ... 76438.html
Pakistan hit with $38 billion loss due to FATF grey list
Who should compensate Pakistan for causing $38 billion loss? Rest of the world. Why?

https://www.thenews.com.pk/print/856212 ... uthorities
World not cooperating to meet FATF’s conditions, say authorities
Imran Khan also recently told NYT that war on terror caused $150 billion loss to Pakistan's economy.

1. Whole world agrees to Pakistan's demand and gives it $38 billion
2. US agrees to Pakistan's demand and gives it $150 billion
3. ???
4. Kashmir
g.sarkar
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Re: Pakistani Economic Stress Watch

Post by g.sarkar »

Both India and Israel should compensate. Europe, Amreeka and the Gulf should offer jobs for Pakistani Mard-e-Momin as compensation. Perhaps make it visa free?
Gautam
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Re: Pakistani Economic Stress Watch

Post by g.sarkar »

https://www.bignewsnetwork.com/news/270 ... alt-supply
Pakistan's gas crisis deepens as companies halt supply
ANI, 29th June 2021

Lahore [Pakistan], June 29 (ANI): The gas crisis in Pakistan has deepened after two state-owned companies on Monday announced complete closure of gas supply till July 5 to industries and CNG stations following a decline in gas availability, low pressure in the system and dry docking of an LNG terminal.
According to Dawn, CNG stations in the Sindh province were to open from June 28 after the closure on June 22, but Sui Southern Gas Company Limited (SSGCL) stopped supplies to them till July 5 in view of the lingering shortfall of 160 mmcfd due to the annual turnaround of Kunnar Pasakhi Deep (KPD) gas field.
This has caused a decline in gas availability and resulting in depletion of line pack and low pressure in the system.
Sui Northern Gas Pipelines Limited (SNGPL) completely stopped gas supply to three sectors -- cement, CNG (compressed natural gas) stations and non-export industry -- in Punjab and Khyber Pakhtunkhwa till July 5 due to dry docking of the LNG terminal.
......
__________________________________________________________________________________________________________________________
https://www.dawn.com/news/1632236
LNG shipment to ease gas crisis in coming days: Tabish
Aamir Shafaat Khan, June 30, 2021

KARACHI: Special Assistant to Prime Minster on Power and Petroleum Tabish Gohar on Tuesday said that the current gas crisis is temporary and a major improvement in supply is expected within two to three days.
A major LNG shipment has arrived which will be transmitted and distributed through the Sui Southern Gas Company Limited (SSGCL) system, Mr Gohar said while speaking to the business community at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). Repair and maintenance works at gas fields were “mandatory and unavoidable”, he added.
According to a press release issued by the apex body, FPCCI President Mian Nasser Hyatt Magoo demanded immediate resumption of gas supply to Karachi’s industry.
“The industry has suffered unbearable losses due to the closure of gas supply to all industrial areas of Karachi,” he added.
The Karachi Chamber of Commerce and Industry (KCCI) and all town associations put forward a unanimous charter of demands pertaining to the gas crisis in the country.
Chairman of Businessmen Group Zubair Motiwalla said the industry was paying up to 40 per cent more than international competitors and yet it was not getting enough gas supply. Urging an investigation, he said the government should look at exports and tax collection numbers of Karachi and give due preference accordingly.
Gas production
In Sindh, industries and the CNG sector are suffering because of the annual turnaround of Kunnar Passaki Deep (KPD) gas field as claimed by the SSGCL.
As a result, the SSGCL has been facing a gas shortfall of 160mmcfd in its system due to which the CNG stations had been closed down from June 22 to July 5, 2021 followed by massive industrial gas load shedding.
.....
Gautam
I guess they are not eating Pindi-chana as suggested by BRF energy experts.
chetak
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Re: Pakistani Economic Stress Watch

Post by chetak »

Aditya_V wrote:Pakistan should export all rice and wheat and put their citizens on a met only diet. Pakistan has the potential to be the world's slaughter house.

I think that the pakis should "export" their rice at $900 - $1350 per tonne so that they can claim bigger losses and then perhaps their never ending cries may be heard

why don't they sell lower if they needed the money.

In many countries, paki rice is being re packaged and sold as Indian rice and they use Indian names to fool unwary customers
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Re: Pakistani Economic Stress Watch

Post by g.sarkar »

https://www.dawn.com/news/1633593/pakis ... d-in-march
Pakistan raises another $1bn through Eurobond issued in March
Nasir Jamal, July 7, 2021

LAHORE: Pakistan on Tuesday raised additional debt of $1 billion through a tap issue of its recently issued three-tranche dollar denominated Eurobond that had fetched $2.5bn in March.
The bond was subscribed in excess of $3bn for five, 10 and 30 years. Pakistan accepted $300m for five-year note at 5.875pc, $400m for 10-year bond at 7.125pc and $300m for 30-year paper at 8.450pc.
Pakistan had adopted a programme-based approach with the registration of Global Medium-Term Note (MTN) programme, which allows it to tap the market regularly and at a short notice, Fahad Rauf, head of research at Ismail Iqbal Securities, told Dawn.
MTN allows continuous or intermittent fund raising from the investors through the designated or appointed dealers. Under this programme, a bond is registered only once. However, the issuer can enter the foreign markets more easily to obtain capital under the MTN.
.....
Gautam
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Re: Pakistani Economic Stress Watch

Post by Tanaji »

Who buys 30 year Pakistani bonds even at 8.4%? How would risk assessment divisions at any financial company sign off on it?
yensoy
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Re: Pakistani Economic Stress Watch

Post by yensoy »

Tanaji wrote:Who buys 30 year Pakistani bonds even at 8.4%? How would risk assessment divisions at any financial company sign off on it?
Pakistani politicians with (ill-gotten) wealth outside the country. Which is why they will never default on these instruments. BRFites should also purchase a few to encourage the cycle.
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

Tanaji wrote:Who buys 30 year Pakistani bonds even at 8.4%? How would risk assessment divisions at any financial company sign off on it?
These bonds are called sovereign junk bonds that have typically "promised" 4% or more in returns backed by questionable sovereign guarantees. 30 years @ 8.45% equals $1.6Bn pay out.
Junk Bonds Interest Rates: Junk Bond rates are historically low, around 4%. This is less than half of the historical average rate (around 9%). Junk bonds (like most other interest rates) tend to spike with general market instability.
Dimran Niazi expects investors to forgive the pakis and write the bonds off.

https://www.currentmarketvaluation.com/ ... nstability.
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Re: Pakistani Economic Stress Watch

Post by rajsunder »

Tanaji wrote:Who buys 30 year Pakistani bonds even at 8.4%? How would risk assessment divisions at any financial company sign off on it?
what would happen to those bonds if bakistan does not exist at the end of 30 years?
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

rajsunder wrote:what would happen to those bonds if bakistan does not exist at the end of 30 years?
The lucky inheritors of erstwhile bakistan will be responsible for all baki debt obligations. Rules of sovereign bond transfer.
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Re: Pakistani Economic Stress Watch

Post by sanjaykumar »

Yeah, hope Bangladesh isn’t in for a surprise.
Tanaji
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Re: Pakistani Economic Stress Watch

Post by Tanaji »

anupmisra wrote:
Dimran Niazi expects investors to forgive the pakis and write the bonds off.

https://www.currentmarketvaluation.com/ ... nstability.
That makes sense and is logical in a way for this nation of beggars.
chetak
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Re: Pakistani Economic Stress Watch

Post by chetak »

anupmisra wrote:
rajsunder wrote:what would happen to those bonds if bakistan does not exist at the end of 30 years?
The lucky inheritors of erstwhile bakistan will be responsible for all baki debt obligations. Rules of sovereign bond transfer.
is the taliban is going to pay up


sounds like a very long shot indeed
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Re: Pakistani Economic Stress Watch

Post by rsingh »

anupmisra wrote:
rajsunder wrote:what would happen to those bonds if bakistan does not exist at the end of 30 years?
The lucky inheritors of erstwhile bakistan will be responsible for all baki debt obligations. Rules of sovereign bond transfer.
What stops them from from declaring new sovereign County? Chinese ask for debt. Bakistan : who you?
Sorry Pakistan is no more. So no inheritance problem.
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Re: Pakistani Economic Stress Watch

Post by partha »

anupmisra wrote:
Tanaji wrote:Who buys 30 year Pakistani bonds even at 8.4%? How would risk assessment divisions at any financial company sign off on it?
These bonds are called sovereign junk bonds that have typically "promised" 4% or more in returns backed by questionable sovereign guarantees. 30 years @ 8.45% equals $1.6Bn pay out.
Junk Bonds Interest Rates: Junk Bond rates are historically low, around 4%. This is less than half of the historical average rate (around 9%). Junk bonds (like most other interest rates) tend to spike with general market instability.
Dimran Niazi expects investors to forgive the pakis and write the bonds off.

https://www.currentmarketvaluation.com/ ... nstability.
Grandkids of bhuttos, shariffs will take IMF loan to pay off this bond.
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Re: Pakistani Economic Stress Watch

Post by g.sarkar »

rsingh wrote:
anupmisra wrote: The lucky inheritors of erstwhile bakistan will be responsible for all baki debt obligations. Rules of sovereign bond transfer.
What stops them from from declaring new sovereign County? Chinese ask for debt. Bakistan : who you?
Sorry Pakistan is no more. So no inheritance problem.
My memory fails me (memory is the second thing to go with age), but I vaguely remember that the Soviet Communist Government repudiated the responsibilities of bonds and other sovereign debts (after the October Revolution of 1917) issued by the Tsarist Russia. The West periodically brings this up and this is not a common occurrence in international finance.
Gautam
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Re: Pakistani Economic Stress Watch

Post by Manish_P »

Isn't the grand plan to rule over India (when demographics tilt favorably) as the rightful decendants of the Mughals. Then just impose jiziya and pay off all debts. Simple onlee.
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

g.sarkar wrote:...the Soviet Communist Government repudiated the responsibilities of bonds and other sovereign debts (after the October Revolution of 1917) issued by the Tsarist Russia. The West periodically brings this up and this is not a common occurrence in international finance.
Gautam
Exactly. Another recent example includes erstwhile Yugoslavia and its new breakaway republics.

If pakhanistan fails and breaks up, Balochistan, Pakhtoonwa and Sindh will certainly absolve themselves from the sins of their fathers.

That's why dimran is forced to include the World Bank as a co-guarantor. Otherwise, no institutional lender with half a brain will buy baki bonds, which are not worth the paper they are printed on.
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Re: Pakistani Economic Stress Watch

Post by rajsunder »

g.sarkar wrote:
rsingh wrote: What stops them from from declaring new sovereign County? Chinese ask for debt. Bakistan : who you?
Sorry Pakistan is no more. So no inheritance problem.
My memory fails me (memory is the second thing to go with age), but I vaguely remember that the Soviet Communist Government repudiated the responsibilities of bonds and other sovereign debts (after the October Revolution of 1917) issued by the Tsarist Russia. The West periodically brings this up and this is not a common occurrence in international finance.
Gautam
Even chineese commie government did not honor the debt taken by chineese government which came to ruling after a coup against the chineese king.

https://www.foxbusiness.com/markets/his ... ge-beijing
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Re: Pakistani Economic Stress Watch

Post by rsingh »

S**t. I gave escape rout to Bakistan....it was not intended. Hitting myself.
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Re: Pakistani Economic Stress Watch

Post by Aditya_V »

anupmisra wrote:
g.sarkar wrote:...the Soviet Communist Government repudiated the responsibilities of bonds and other sovereign debts (after the October Revolution of 1917) issued by the Tsarist Russia. The West periodically brings this up and this is not a common occurrence in international finance.
Gautam
Exactly. Another recent example includes erstwhile Yugoslavia and its new breakaway republics.

If pakhanistan fails and breaks up, Balochistan, Pakhtoonwa and Sindh will certainly absolve themselves from the sins of their fathers.

That's why dimran is forced to include the World Bank as a co-guarantor. Otherwise, no institutional lender with half a brain will buy baki bonds, which are not worth the paper they are printed on.
There is no forcing World Bank, some one in Washington has agreed to underwrite these loans
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Re: Pakistani Economic Stress Watch

Post by g.sarkar »

https://tribune.com.pk/story/2294525/el ... port-finds
Elite privilege consuming $17.4bn of Pakistan's economy, UNDP report finds
Damning report highlights the economic and deep-rooted inequalities in the country
News Desk April 14, 2021

ISLAMABAD: Economic privileges accorded to the powerful elite in Pakistan add up to an estimated $17.4 billion or six per cent of the economy, according to a report by the United Nations.
These include the corporate sector, feudal landlords, the political class and the military, according to the UN Development Programme’s (UNDP) National Human Development Report (NHDR) released last week, Al Jazeera reported.
The report, based on the prism of “Power, People and Policy”, highlights the issues related to inequality and examines the stark disparities of income and economic opportunities in the country.
“Powerful groups use their privilege to capture more than their fair share, people perpetuate structural discrimination through prejudice against others based on social characteristics, and policies are often unsuccessful at addressing the resulting inequity, or may even contribute to it,” read the report.
The development came as Kanni Wignaraja, assistant secretary-general and regional chief of UNDP, embarked on a two-week “virtual tour” of Pakistan to discuss the report’s findings.
.....
Gautam
Only 6% of the economy?
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

g.sarkar wrote:Only 6% of the economy?
Bhikaristan's GDP is $290 Bn?!!? Two shockers!
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Re: Pakistani Economic Stress Watch

Post by Aditya_V »

anupmisra wrote:
g.sarkar wrote:Only 6% of the economy?
Bhikaristan's GDP is $290 Bn?!!? Two shockers!
That might be a higher side estimate. The truth will come out one day.
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Re: Pakistani Economic Stress Watch

Post by khatvaanga »

rsingh wrote:S**t. I gave escape rout to Bakistan....it was not intended. Hitting myself.
well if al bakistan breaks up claiming this escape rout sir, it is all on you only. justsaying..
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Re: Pakistani Economic Stress Watch

Post by Vadivel »

What is the status on the basmati trademark issue, pakis are diversifying into japan, or is that only for EU?

https://m.facebook.com/watch/?v=243255360943638&_rdr
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Re: Pakistani Economic Stress Watch

Post by g.sarkar »

Airbnb?
https://www.news18.com/news/world/after ... 41815.html
After Auctioning Buffaloes, Cash-starved Pak Govt Puts PM Imran Khan's Official Residence on Rent
According to media reports, the house will be given on rent to host fashion shows, cultural and educational events to make quick money out of it.
New Delhi, August 03, 2021

Pakistan Prime Minister Imran Khan, who is facing huge debts and liabilities, has put his official residence in Islamabad on rent to generate income for the cash-strapped country. According to media reports, the house will be given on rent to host fashion shows, cultural and educational events to make quick money out of it.
It is being reported that the decision was taken by the Federal Cabinet of Pakistan and two committees have been formed to ensure that the “decorum" and “discipline" of the PM House are maintained well while organising such events.
.....
Gautam
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Re: Pakistani Economic Stress Watch

Post by yensoy »

g.sarkar wrote:Airbnb?
https://www.news18.com/news/world/after ... 41815.html
After Auctioning Buffaloes, Cash-starved Pak Govt Puts PM Imran Khan's Official Residence on Rent
According to media reports, the house will be given on rent to host fashion shows, cultural and educational events to make quick money out of it.
New Delhi, August 03, 2021

.....Gautam
Can GoI rent it for an event to showcase the splendour of India? Can bollywood rent it for their next masala movie around Paki terrorism?
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Re: Pakistani Economic Stress Watch

Post by bharathp »

g.sarkar wrote:Airbnb?
https://www.news18.com/news/world/after ... 41815.html
After Auctioning Buffaloes, Cash-starved Pak Govt Puts PM Imran Khan's Official Residence on Rent
According to media reports, the house will be given on rent to host fashion shows, cultural and educational events to make quick money out of it.
New Delhi, August 03, 2021

Pakistan Prime Minister Imran Khan, who is facing huge debts and liabilities, has put his official residence in Islamabad on rent to generate income for the cash-strapped country. According to media reports, the house will be given on rent to host fashion shows, cultural and educational events to make quick money out of it.
It is being reported that the decision was taken by the Federal Cabinet of Pakistan and two committees have been formed to ensure that the “decorum" and “discipline" of the PM House are maintained well while organising such events.
.....
Gautam
this was bound to be. this house falls right on the china pakistan enslavement corridor.
its prime (ministers) property which is located in a geo strategic location
time to earn money on it by converting geo strategic location to geo economic location

while our politicians are busy trying to get a main road built close to their farm houses
pak got china to build a road through their cities to increase real estate values. master stroke!
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Re: Pakistani Economic Stress Watch

Post by Shankas »

Indian Embassy should start renting the place for Ganesh Chaturthi, Navratri, Deepawali, Pongal, Holi, etc.

If the rent is cheap start hosting kitty party and invite embassy staff from SAARC nations.
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Re: Pakistani Economic Stress Watch

Post by Vips »

Imran will give special discount if the PM house is rented for holding Hira-mandi ishtyle Mujra :lol:
Pratyush
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Posts: 12688
Joined: 05 Mar 2010 15:13

Re: Pakistani Economic Stress Watch

Post by Pratyush »

India should not do anything to help Pakistan's economic situation. No matter how minor the help will be.

But that's presupposes that TSP will let India rent such a property for any purpose.
Manish_P
BRF Oldie
Posts: 6000
Joined: 25 Mar 2010 17:34

Re: Pakistani Economic Stress Watch

Post by Manish_P »

The Aman ka tamasha gang could well rope in some bollywoodias to stage 'Art beyond Borders' type soirees there.
Pratyush
BRF Oldie
Posts: 12688
Joined: 05 Mar 2010 15:13

Re: Pakistani Economic Stress Watch

Post by Pratyush »

That will just involve some bhaiwood starlets.
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