4% reduction in debt in 3 months - Rising Pakistan

[graphican]

Found this good news from Sami Ibrahim and sharing the video as is. Pakistan has reduced its external debt which was previously 88% of GDP now came down to 84% of GDP as reported by IMF - Alhamdolillah. This decline in debt is observed within one quarter.

 

[POTTER]

Still it's very high but good news are coming.

 

[ziaulislam]

Better than expwcted revenues with sharp inflation

It was not expected to grow this year and only start to decrease by next year

The goal is to bring it down and keep it at 50-60% where it was in 2008

 

[ziaulislam]

As reported by insiders, some 50 Billion dollars can be recovered from corrupt political families. Nawaz is reported to return some $12 Billion and a similar sum is expected from Zardari. This money can be brought in within months and will bring dollar value down to 120 mark or under.

They wont give back a penny
The corruption is done was distributed to vast network of people anyway to stay popular and in power

 

[Dark-Destroyer]

Allhamdulillah

 

[RoadRunner401]

As reported by insiders, some $50 Billion dollars can be recovered from corrupt political families. Nawaz is reported to return some $12 Billion and a similar sum is expected from Zardari. Money from these two families can be recovered within months and can bring dollar value down to 120 mark or under.

Stop speculating and give credit where its due.

 

[AZ1]

I read somewhere inflation will be 11% to 13% in 2020 and then in 2021 it will start decreasing like 8% or lower.

 

[Salman Baig]

It was 70% when this govt took charge. So net jumped to 84%. The figures they are quoting are misleading.

 

[Kambojaric]

Pakistan’s debt falls to 84.7pc of GDP: IMF

ISLAMABAD: Pakistan’s general government debt (including guarantees and the International Monetary Fund borrowing) declined to 84.7 per cent of GDP, from 88pc.

A recently published report on Pakistan by IMF said this decline in debts was mainly driven by the government’s smart performance in reducing expenditures, registering primary budget surplus and increasing tax and non-tax revenues during the first five months of this fiscal year.

https://www.dawn.com/news/1524826/pakistans-debt-falls-to-847pc-of-gdp-imf

 

[Genghis khan1]

 

[Flight of falcon]

Patwaris crying level went up by 4 percent ...

 

[Pakistan Space Agency]

So how was this reduction worked out exactly?

Pakistan's external debt increased by $10.4 billion from $96 billion to $106 billion between September 2018 to September 2019.

While the IMF has decreased the size of Pakistan's Nominal GDP for 2019 from $314.5 billion to $284.2 billion.

If someone can clarify how Debt to GDP ratio was brought down when debt has increased and Nominal GDP has decreased at the same time?

 

[Yaseen1]

i think improvement of rupee valuation from 160 to 154 is also one major cause of it.the major problem is our govt credibility to raise finance is much lesser than some private companies like reliance of india who issued euro bonds of same amount at 2 percent interest rates while our govt issued same euro bonds at 8 percent interest rates which result in more debt due to paying back of high interests.

 

[ziaulislam]

So how was this reduction worked out exactly?

Pakistan's external debt increased by $10.4 billion from $96 billion to $106 billion between September 2018 to September 2019.

While the IMF has decreased the size of Pakistan's Nominal GDP for 2019 from $314.5 billion to $284.2 billion.

View attachment 596446​

If someone can clarify how Debt to GDP ratio was brought down when debt has increased and Nominal GDP has decreased at the same time?

debt is always counted in gdp to debt ratio..as total debt doesnt matter
i already said "inflation"
but inflation isnt a easy way to do it, simply put the govt spent to little this year..
this decrease spending meant low gdp growth...

total gdp growth = inflation+real growth
total nominal gdp=inflation+real growth -devaluation

also counting GDP in nominal is kinda useless..it should be counted in purchasing power to be honest

 

[Pakistan Space Agency]

...
also counting GDP in nominal is kinda useless..it should be counted in purchasing power to be honest

Ah, you're proposing India's favourite method to make the figures look big and rosy.

We're not Indians.