معیشیت پر دو اہم خبریں

[Syed Haider Imam]

معیشیت پر دو دن میں دو اہم خبریں
تحریر :- سید حیدر امام

Sources
https://tribune.com.pk/story/1342072/pakistan-repay-6-5b-debt-next-15-months/
https://tribune.com.pk/story/134341...erves-pakistan-gets-4-6b-fresh-foreign-loans/

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[Syed Haider Imam]

Re: معیشیت کو دو اہم خبریں

[h=1]Pakistan gets $4.6b in fresh foreign loans
[/h]Amount was obtain*ed over the past seven months*
By Shahbaz Rana
Published: March 2, 2017

ISLAMABAD:

In order to offset declining foreign currency reserves and meet external debt obligations, Pakistan obtained fresh foreign loans worth $4.6 billion over the past seven months, including $1.9 billion from China alone.The foreign economic assistance stood at $4.57 billion between July and January of this fiscal year, according to the data compiled by the Ministry of Finance and Economic Affairs. These included borrowings amounting to $2.3 billion for budgetary and balance of payments support – areas that do not offer return on investments and make it difficult to repay loans without resorting to additional borrowings.
Pakistani cash in Swiss banks pulled out?
The $2.3 billion borrowings include $1 billion in Sukuk Bonds, which were floated by pledging the Lahore-Islamabad Motorway and $1.2 billion from foreign commercial banks. Both these loans were aimed at meeting the needs of budget financing and foreign currency reserves.
The $4.6 billion foreign loans were about 57 per cent of the annual economic assistance of $8 billion that the government projected it would receive during the current fiscal year 2016-17.

In September last year, Pakistan obtained $700 million from China Development Bank for meeting balance of payment requirements. It negotiated another $600 million loan with China for meeting the budgetary and balance of payment requirements. Of this, the Industrial and Commercial Bank of China disbursed $300 million last month, official documents showed.
The quantum of loans from China is growing far rapidly than its investment under China-Pakistan Economic Corridor (CPEC).
In total, Pakistan obtained loans worth $1.9 billion from China between September 2016 and January 2017. Of the total, $1 billion were obtained on commercial terms while $857 million were for project financing.
The project financing should be the preferred option, as this would improve the repayment capacity due to returns on these investments.
Research done by Dr Kaiser Bengali, a noted economist, showed that foreign loans were only productive when utilized for asset-building. He argued that as long as the rate of return was at least one percent higher than the cost of borrowing, foreign debt did not create problems in debt management.
In three years, Pakistan has taken on $25b in fresh loans
However, most fresh borrowings are meant for budget financing needs, which adds burden on the government. During the past seven months, half of the federal government borrowings were for budget financing.
Pakistan has been resorting to such borrowings to meet external debt and trade related payments obligations. The country will have to return $6.5 billion principal public debt to external creditors in the next 15 months alone, according to the Finance Ministry.
After hitting a peak of $19.5 billion, SBP’s official foreign currency reserves slipped to $17 billion mainly because of a reduction in exports and remittance receipts and increase in foreign debt repayments.
Over the past three-and-a-half years, the government faced severe criticism for acquiring expensive foreign debt and massively increasing the overall debt.
A recent report of the finance ministry also indicates that Pakistan’s debt sustainability indicators worsened in the past year.
Pakistan did not receive any loan or grant from nine traditional bilateral and multilateral sources. These include France, South Korea, Norway, Oman, Saudi Arabia, Organisation of Petroleum Exporting Countries (OPEC) and European Union.
Disbursements from traditional multilateral partners also remained slow during the first seven months of this fiscal year. The World Bank released $276 million, which was 18 percent of the annual estimates of $1.53 billion. Pakistan is expecting $300 million loan from the WB in the middle of this month – but that too for budgetary support.
The Asian Development Bank (ADB) disbursed $709.8 million or 67.6 percent of the annual estimates, mainly because of $190 million adjustments of the previous years for social protection programme and $115 million for a transmission line project.
The Islamic Development Bank (IDB) has given $242 million including $212.4 million short-term expensive loan.
The United Kingdom gave $131.7 million in grant for Benazir Income Support Programme (BISP) and education projects in Punjab and Khyber-Pakhtunkhwa. The project grant from the United States stood at just $51.8 million in seven months.
After non-debt creating sources dried up and infrastructure development requirements increased, Pakistan’s debt gradually surged in absolute terms. Two renowned economists, former finance minister Dr Hafiz Pasha and former director-general debt Dr Ashfaque Hasan Khan, projected that Pakistan’s external debt would swell to $110 billion by 2019-20.
Published in The Express Tribune, March 2[SUP]nd[/SUP], 2017.



[h=1]Pakistan to repay $6.5b debt over next 15 months
[/h]Repaym*ents to be made from Feb to June 2018 exclud*ing intere*st paid on princi*pal amount*
By Shahbaz Rana
Published: March 1, 2017

ISLAMABAD:
Pakistan will return $6.5 billion external public debt in the next 15 months alone. This repayment will take the total official debt repayments during the five-year tenure of the PML-N government to a whopping $21 billion.

 

[Syed Haider Imam]

Re: معیشیت کو دو اہم خبریں

ایکسپریس ٹریبیون کے شہباز رانا صاحب ، اب آپکی خیر نہیں
یا
شائد ا آپکی لاٹری نکل آئے
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[Okara]

Re: معیشیت کو دو اہم خبریں

Haider Sahib, wait for a counter response by Rajarawal111 using a reference from worlds renowned newspaper timesofislamabad.pk.

 

[Wake up Pak]

Re: معیشیت کو دو اہم خبریں

rangeelawal hazir hoooooooooo

 

[Okara]

Re: معیشیت کو دو اہم خبریں

The newspaper he is using his reference is also offshore.
The name of newspaper is timesofislamabad.pk but its address is "150-D PCSIR Staff Society, College Road, Lahore, Pakistan".

rangeelawal hazir hoooooooooo

 

[Syed Haider Imam]

Re: معیشیت کو دو اہم خبریں

Haider Sahib, wait for a counter response by Rajarawal111 using a reference from worlds renowned newspaper timesofislamabad.pk.

First of all, Salute to Shahbaz Rana of Express Tribune for doing such wonderful stories. It's irony that Journalist from English news group remain unknown/ Unfamiliar to us. I would love him more if he will unearth the financials of Punjab Government. I am digging google for the last 7 years but failed to find financial news on Punjab Government.

I used to update KPK Updates but gave up since local newspapers have been compromised and it becomes impossible to copy link . I have also raised this issue in this forum.

Patwarees live in oblivion. They don't know, how harshly Donald Trump has dealt with Fake news groups line CNN and others. Now, the entire world is digging Fake news and Facebook is also very active to discover fake news on social media.

 

[Talwar Gujjar]

Re: معیشیت کو دو اہم خبریں

G haan bahut buree xabrein hein. Ab axri paragraph h dexo, loans k 21bn principal amoun PMLN Govt k period mein ada k ja rahee ha, esi himaktein karein g tau pir yahoodi naraaz na houn tau kia karein.

 

[Syed Haider Imam]

Re: معیشیت کو دو اہم خبریں

G haan bahut buree xabrein hein. Ab axri paragraph h dexo, loans k 21bn principal amoun PMLN Govt k period mein ada k ja rahee ha, esi himaktein karein g tau pir yahoodi naraaz na houn tau kia karein.

FYI, Pakistan is not meeting it's financial requirement by increasing revenue,

Quote

Pakistan has been resorting to such borrowings to meet external debt and trade related payments obligations

Unquote

How much debt this Government has accumulated within short span of time, any idea?
Further, its say's

Quote
After non-debt creating sources dried up and infrastructure development requirements increased, Pakistan’s debt gradually surged in absolute terms. Two renowned economists, former finance minister Dr Hafiz Pasha and former director-general debt Dr Ashfaque Hasan Khan, projected that Pakistan’s external debt would swell to $110 billion by 2019-20

Unquote

 

[samkhan]

Re: معیشیت کو دو اہم خبریں

عوام کی اکثریت خود چور ہے اس لیے اسے مہنگائی سے کوئی فرق نہیں پڑتا اگر حق حلال کی کمائی ہو اور حکمران لوٹ مار اور مہنگائی کریں تو لوگ مارے تکلیف کہ خود سڑکوں پر نکل کر احتجاج کریں مگر پاکستان میں ایسا ہونا ناممکن ہے

 

[Talwar Gujjar]

Re: معیشیت کو دو اہم خبریں

FYI, Pakistan is not meeting it's financial requirement by increasing revenue,

Quote

Pakistan has been resorting to such borrowings to meet external debt and trade related payments obligations

Unquote

How much debt this Government has accumulated within short span of time, any idea?
Further, its say's

Quote
After non-debt creating sources dried up and infrastructure development requirements increased, Pakistan’s debt gradually surged in absolute terms. Two renowned economists, former finance minister Dr Hafiz Pasha and former director-general debt Dr Ashfaque Hasan Khan, projected that Pakistan’s external debt would swell to $110 billion by 2019-20

Unquote

Yeah, Hafiz Pasha, Ishfaq Hasan, Slaman Shah and Farrukh Salim are doomsayers from day one since PMLN came to power. If you give them some cushy jobs, they, with their Ph.Ds, will immediately paint such a rosy picture that you would think we are marching ahead of the whole world.

 

[RajaRawal111]

Re: معیشیت کو دو اہم خبریں

ماشا اللہ صبح صبح ذکر ہو رہا ہے میرا - بس دو تین دن ٹھہرو اس موضوع پر ضرور کچھ اصلی حقائق لا کے دکھاؤں گا تم لوگوں کو - اور تم لوگ پھر منہ چھپاتے پھرو گے - بلکل اسی طرح جیسے گردشی قرضوں کی حقیقت کل دکھائی تھی تو تم میں سے کسی کو جرات نہیں ہوئی کہ ایک لفظ بھی بول دو حقیقت دیکھ کر - مزے کی بات ہے تم تینوں (بشمول حیدر امام) کو میں دے دعوت دی تھی کہ کچھ کھو اس پر - اب تو وہ تھریڈ بھی ڈورمنٹ ہو گیا ہے

rangeelawal hazir hoooooooooo

Haider Sahib, wait for a counter response by Rajarawal111 using a reference from worlds renowned newspaper timesofislamabad.pk.

 

[miafridi]

Re: معیشیت کو دو اہم خبریں

ماشا اللہ صبح صبح ذکر ہو رہا ہے میرا - بس دو تین دن ٹھہرو اس موضوع پر ضرور کچھ اصلی حقائق لا کے دکھاؤں گا تم لوگوں کو - اور تم لوگ پھر منہ چھپاتے پھرو گے - بلکل اسی طرح جیسے گردشی قرضوں کی حقیقت کل دکھائی تھی تو تم میں سے کسی کو جرات نہیں ہوئی کہ ایک لفظ بھی بول دو حقیقت دیکھ کر - مزے کی بات ہے تم تینوں (بشمول حیدر امام) کو میں دے دعوت دی تھی کہ کچھ کھو اس پر - اب تو وہ تھریڈ بھی ڈورمنٹ ہو گیا ہے

Gardashi karzay main haqeeqat dikai thi? LOLZZZZZZZZZ

Apki haaalat os banday ki tarah hai, jo khud baat kar k khud hi taaaaliya baaaja kar apni baat ko boht enjoy karta hai.:)

 

[Syed Haider Imam]

Re: معیشیت کو دو اہم خبریں

Yeah, Hafiz Pasha, Ishfaq Hasan, Slaman Shah and Farrukh Salim are doomsayers from day one since PMLN came to power. If you give them some cushy jobs, they, with their Ph.Ds, will immediately paint such a rosy picture that you would think we are marching ahead of the whole world.

Agreed. We have seen Nawaz Shareef lawyers in Panama case.:lol:

 

[Talwar Gujjar]

Re: معیشیت کو دو اہم خبریں

Agreed. We have seen Nawaz Shareef lawyers in Panama case.:lol:

Academic opinion is not the same thing as court litigation. You have to be partisan as an attoney, but you should be non-patisan as an academic or subject matter expert. BTW, PMLN attorney did way better than PTI, they came up with some documents at least to support their case, unlike PTI maestro infamous bluster, " I have allegations but no proof" (he certainly needs some shame).

 

[Syed Haider Imam]

Re: معیشیت کو دو اہم خبریں

Academic opinion is not the same thing as court litigation. You have to be partisan as an attoney, but you should be non-patisan as an academic or subject matter expert. BTW, PMLN attorney did way better than PTI, they came up with some documents at least to support their case, unlike PTI maestro infamous bluster, " I have allegations but no proof" (he certainly needs some shame).

بھائی صاحب ، اپ جیسے لوگ شیطان کی پیروی کرنے کی یہ توجیہہ دیتے ہیں کے ہیں.... کبھی وہ فرشتہ تھا . بھائی صاحب ، پتا نہیں آپکی ای ڈی کو کتنے لوگ آپریٹ کر رہیں ہیں کیونکے یہ کبھی خاموش نہیں ہوتا. میں آپکی طرح پروپوگنڈہ اسپیشلسٹ نہیں ہوں اور نہ میرا پاس انلمیٹڈ وقت ہوتا ہے مگر کم از کم مجھے اپ بیوقوف نہیں بنا سکتے

پاکستان کے ٹالک شوز میں کب سے علمی بحثیں ہونے لگی ہیں ؟
جھوٹ کو سچ ثابت کرنے کے لئے شریف خاندان نے ٢٠ ارب روپے میڈیا پر جھونک دئے مگر ملا کیا ؟
جھوٹ کو ثابت کرنے کے لئے پانامہ کے وکیل پر وکیل تبدیل ہو گئے مگر شریف خاندان نے انکو کو ثبوت فراہم نہیں کیا ،کیونکے انکو پتا تھا کا اگر ایک ثبوت دیا تو پھر سارا گونجل کھل جاے گا . وہی سبوت جسکا وزیراعظم نے اپنی تقرر میں وعدہ کیا تھا لھذا ہر تقریر ، ہر بیان کو ایک " مخصوس علمی نام" قرار دے دیا گیا

[FONT=&amp]واپس موضوع کی طرف اتے ہیں. اسحاق ڈار کہتا ہے کے پاکستان کے بیرونی قرضے صرف ٦٠ ارب ڈالر ہیں جنکے حقیقت میں یہ سال ٢٠١٦ تک یہ ٧٤-٧٦ ارب ڈالر ہیں . یہ ایک معروف ویب سائٹ سے لیا گیا چارٹ صاف ظاہر کرتا ہے

[/FONT]
ویسے بھی ساری دنیا جانتی ے کے موجودہ حکومت پھیرا پھیری کی مالک ہے. پاکستان جیسے ملکوں میں ٩٩.٩ فیصد بحث صرف سیاسی ہوتی ہے ، اگر کوئی غلطی سے معشیت پر لکھ دے یا بول دے تو نہ کوئی پڑھتا ہے اور نہ کوئی سنتا ہے . آپلوگ پاکستانیوں کو جاہل رکھنے کے مزے لیں اور اپ جیسے پڑھے لکھے لوگ شیطان کی پیروی میں جھوٹ کو سچ ثابت کرتے رہیں اور اپنی جیبیں بھرتے رہیں
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[Syed Haider Imam]

The Express Tribune > Business
[h=1]IMF probing govt’s numbers on last year’s fiscal deficit [/h] By Shahbaz Rana
Published: August 28, 2015


ISLAMABAD:
In a move carrying far-reaching implications for a $6.2 billion bailout package, the International Monetary Fund is investigating Pakistan’s claim of restricting the federal budget deficit to 5.3% of the total size of the national economy or Rs1.45 trillion in fiscal year 2015.

He argued that the government was practicing an “unashamed manipulation of data” to show a lower budget deficit, an act in which the IMF was complicit. “This decision of the Fund staff has, for the first time in recent memory, reinforced the widening perception that the IMF, World Bank and Asian Development Bank are abettors of the government’s window-dressing scheme,” he wrote.

https://tribune.com.pk/story/946260...g-govts-numbers-on-last-years-fiscal-deficit/

 

[Syed Haider Imam]

Re: معیشیت کو دو اہم خبریں

تلوار گجر صاحب ، یہ خصوصی طور پر آپکی محبت میں تخلیق کیا ہے

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[Syed Haider Imam]

تلوار گجر صاحب ، آپکو علمی طور پر اور جلاتا ہوں

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[Syed Haider Imam]

جھوٹوں پر خدا کی لعنت

Actual
After hitting a peak of $19.5 billion, SBP’s official foreign currency reserves slipped to $17 billion mainly because of a reduction in exports and remittance receipts and increase in foreign debt payments.
GOVERNMENT MINISTERS BLUNT LIES

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