Pakistan's Best friend: quietly coming to Pakistan's rescue | Thread profile

Quote: Originally Posted by Hasan The type of people I am talking about are the ones you see in Defence (Karachi and Lahore) driving their latest imported models of German luxuary cars, with a false impression that they have acquired some special status. you shouldnt be talking about taxes as you yourself i bet haven't visited pakistan for the past 10 years so i wouldnt be talking. so when was the last time you spend at lest a 100 pounds...

Realisation of the economic nightmare..... http://news.bbc.co.uk/1/hi/world/south_asia/7693618.stm

Wait does this mean we do not have to go to the IMF?

Quote: Originally Posted by Savak Wait does this mean we do not have to go to the IMF? I don't know why people are making going to IMF such a big issue, many countries have used their program and done well its only the incompetent one's that have suffered from its consequences later on.

China is quietly working to provide Pakistan a soft loan of $1.5 billion to overcome its financial crisis in addition to more than $3.7 billion to be invested in the telecom and power generation sectors in the next two to three years, Chinese officials told The News here on Friday. Despite all security issues and financial pressures, China has decided to stand by its two trusted friends — Pakistan and Nigeria — where China will invest more...

Quote: Originally Posted by Hasan While others help Pakistan,the local Pakistanies take their wealth out of Pakistan to invest elsewhere, thereby putting even greater pressure on the currency and foreign reserves. With 25-30% inflation you can't blame them. Whatever the overarching position of a country, people have to look at their own finances and the future of their families.

so what is Mr Shaukat Tareen up to?

Quote: Originally Posted by pk1 @ Hasan thats called "generalization" its like saying more then 50% of muslims around the world are "terrorists"! and you seriously need to get your facts straight becase most of your assumption are based on BS perception of others.. btw stick to your banking you JEW! aaand there goes any credibility that might have existed.

Quote: Originally Posted by Hasan Amir, I do not think China will advance any funds to Pakistan, esp. given the global economic current conditions (why should they). Pakistan needs to realise that it only have one option, take the IMF bailout (as a short term) solution to avoid default, and thereafter become very very ruthless on controlling wasteful imports (cars & electronics), restrict movement of funds out of Pakistan by...

Go General Taso