Neither IDA Nor Least Developed Pakistan don't qualify for G20 Aid Package

Eyeaan

Chief Minister (5k+ posts)
Borrowing means what you can pay back... And begging means asking for delays.. Why begging when no idea how to pay back
Bank lend the money and set interest rates considering all the risks on the part of the borrower. That's the integral part of the banking business. In that respect modern banks are partners.
In case of corona like calamity banks are to share the loss. This is no charity on part of g-20 (as portrayed) but to maximize the possible recovery of their loans.
Besides loans, even modern "aid" system is not wholly benevolent, but has hidden dimension targeting the economic/trade interests of the donors, although military/strategic aid may go beyond the immediate economic interests of the donors. Perhaps West/capitalist is not quite noble to give charities - they have more of colonial mindset..
 

Wake up Pak

Prime Minister (20k+ posts)
یہ ہمیشہ آسمان پر تھوکتے ہیں تو واپس تو پھر ان کے چہروں پر ھی آ گرنا ھے
 

Shah Shatranj

Chief Minister (5k+ posts)
Bank lend the money and set interest rates considering all the risks on the part of the borrower. That's the integral part of the banking business. In that respect modern banks are partners.
In case of corona like calamity banks are to share the loss. This is no charity on part of g-20 (as portrayed) but to maximize the possible recovery of their loans.
Besides loans, even modern "aid" system is not wholly benevolent, but has hidden dimension targeting the economic/trade interests of the donors, although military/strategic aid may go beyond the immediate economic interests of the donors. Perhaps West/capitalist is not quite noble to give charities - they have more of colonial mindset..
Do you got money or dollars to pay back debt...
 

Shah Shatranj

Chief Minister (5k+ posts)
و دن پہلے خبر آئی کےIMF نے جن 25 غریب ممالک کو ریلیف دیا ان میں پاکستان کا نام نہیں تو پاکستان + عمران خان مخالف لوگوں نے بہت خوشیاں منائی آج خبر آگئی ہے کے G20 ممالک اور IMF دونوں نے ہی پاکستان کو قرضوں میں ریلیف دینے کا بڑا اعلان کردیا ہے کیسی ذلت بھری زندگی ہے بیچاروں کی
Bhaik mangnay walon ko koi zilat ka ahsas nahin
 

Shah Shatranj

Chief Minister (5k+ posts)
L
You are saying the FM is lying about something so major and specific? You know hes not in PPP anymore
Yes he lied again and again on Kashmir... And even today it is early to say that all... Let something concrete come... Don't beat victory drums for a shameful begging
 

Eyeaan

Chief Minister (5k+ posts)
Do you got money or dollars to pay back debt...
Credit is not about dollars and cents but about maximizing the profit on investment as a whole for the depositors. If one has dollars on hand then why would someone borrow (except for some trade/exchange related transactions) .
When banks lend money they essentially invest, with some guarantees and risk analysis and then set the interest rates. Banks may not get 100% in dollars and cents but international monitory system has many leverages on borrowers to get as much they can with other means.
They are not in the business of charity or helping but fleecing as much they can. Thus the word "begging" has no place though banker being the master will play games. As I understand, in this corona situation, it is in favor of the lenders to extend the terms/reschedule otherwise they might lose more and lose the future customers as well - though it depends upon case to case basis.
 

Will_Bite

Prime Minister (20k+ posts)
L

Yes he lied again and again on Kashmir... And even today it is early to say that all... Let something concrete come... Don't beat victory drums for a shameful begging
lied on Kashmir? remind me again when?
Is it related to handing over sikh lists to India?