For IMF Help, Pakistan Might Have to Disclose Its China Debts

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The details of Pakistan’s participation in China’s landmark Belt-and-Road initiative could be revealed as part of the IMF's bailout of Pakistan

Source: Loan Digest (loandigest.net)

 

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The Latest: IMF head says Pakistan help must be transparentNUSA DUA, Indonesia (AP) — The Latest on the IMF-World Bank annual meeting (all times local): 11:45 a.m. International Monetary Fund Managing Director Christine Lagarde has said a bailout package for Pakistan would need to be fully transparent. Lagarde said Thursday that she had not yet seen a formal request for help but thought she might receive one later in the day when meeting with Pakistan's finance minister. He said earlier this week the country would seek assistance to help it weather a financial crisis. Pakistan is one of a number of countries that have accepted Chinese financing for projects of Beijing's 'Belt and Road Initiative' for building roads, ports and other infrastructure across the globe. Lagarde said help for the country would have to take into account what debts are owed to whom. She said the issue of 'debt transparency' applies to all countries. China has to stop using fossil fuels or the world should boycott them. boycottchina I'm sure that China will totally cooperate this time if we ask them nicely! 🙄
Source: AP - 🏆 728. / 51 Read more »

The IMF could force reckonings in both Pakistan and China, says @mihirssharma via @bopinion
Source: Bloomberg - 🏆 97. / 63 Read more »

Pakistan premier Khan to meet IMF chief Lagarde for talks on bailoutPakistani Prime Minister Imran Khan will meet International Monetary Fund (IMF) ... I swear that trout was like this WOW.....that big? Loved him in Godfather 2
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Pakistan to seek IMF bailout despite $6B Saudi rescueThe Saudi help came as new Pakistani Prime Minister Imran Khan attended a Saudi investment conference that has been boycotted by several other leaders over the death of a dissident Saudi writer at the country’s consulate in Istanbul.
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Pakistan PM seeks loans to reservice debts, investmentsPakistan is seeking loans from the International Monetary Fund (IMF) and friendl...
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Pakistan likely to pay back IMF before Chinese debt-U.S. Treasury officialPakistan is likely to pay off an International Monetary Fund bailout before its ... ImranKhanPTI is the Prime Minister and not the President :) Pakistan’s new president, Imran Khan ?
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Pakistan Requests IMF Bailout TalksPakistan, the flagship country for China’s global infrastructure initiative, said it needed a bailout from the International Monetary Fund, amid growing concerns that Beijing’s program is pushing recipient countries into financial crisis. 51YEAR OLD FEMALE SCHOOL ADMINISTRATOR, HAVING S...X WITH 17YEAR OLD HIGH SCHOOL FEMALE STUDENT GOES VIRAL This is Chinas MO. Claim of PMLN that CPEC will cure our ailing economy turns out to be false due to their mishandling.
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Rupee Tumbles After Pakistan Requests IMF BailoutPakistan's turning to the IMF will push Islamabad into the crossfire of the continuing economic confrontation between China and the U.S., which accuses Beijing of “debt-trap diplomacy” They will get over it pretty quickly as they will be the main benefactors. And should send a signal to the rest of the world. Nothing embarrasses China, they themselves are an embarrassment - currency manipulators, nuclear supporters of terrorist nations, supporters of terrorists like Masood Azhar, suppressors of human rights in Tibet and Xinjiang.
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'Path of thorns': An IMF bailout set to impede Pakistan PM's populist agendaFrom cutting power subsidies to forcing currency devaluations that stoke inflati... He is ready to face all challenges Dear Reuters. Look at all those entitled brown men. ...for those who claims to turn the Earth into Gold are those who lives in the Fool' Paradise. Earth remains Earth but the important thing is to look for what it yields from inside; a minerals filled country is begging to the world!
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