You keep making it better and better.That is a really bad idea as that would simply cut off Pakistan from global financial system. You are looking at North Korea type situation. Multilateral institutions tend not to force sovereign default. They just try to rollover allowing soft default.
I see zero chance of Pakistan officially defaulting in this situation.
You tell me the only commercial lenders are Chinese entities.
I say Pakistan has a 0% chance of defaulting.
Definitely increasing my holdings of Pakistani Equities on