Bankrupt Pakistan will sell public land to pay off Debt.
Bankrupt Pakistan decides to sell land to pay off Debt.
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You all know, Few weeks ago, whole Pakistan was suffering from war fever.
They were threatening India about nuclear attack if India conducts any anti-terror strike on Pakistani soil.
After India had conducted successful air strike on Pakistani soil, Pakistan has done lollipop strike only to calm down the ego of domestic audience.
But more importantly, India has conclusively proved that Indian mind full cross border strike on terror camps will never lead to full fledge mind less war with Pakistan.
Needless to say, these terrorist have always been cheap disposable commodity for Pakistani army, they are smart enough not to go for war, only because few hundred terrorists have been killed in the Indian strike in Balakot.
However, Pakistan is still trying to exploit the fear of nuclear war. Needless to say, In India there are many fake experts who further Pakistani propaganda by scaring us with the cost of imaginary nuclear war with Pakistan.
Many times, our Pakistani viewers cry that We quote only Indian news papers. today we will cite only Pakistani news papers.
You may recall, Last year Whole word saw when Pakistan government successfully sold buffalos, cars and helicopters.
As everyone knew then, Cash burning machine of Pakistan will take less than a second to burn the money earned by selling few buffalos of former Prime Minister Nawaz Sharif.
Now As per news report published in Express Tribune, Pakistani federal government has decided to sell the public land to pay off public debt.
Pakistani prime minister was proudly roaming with begging bowl in Saudi Arabia, UAE and China, now they have to face the harsh reality that Total debt on Pakistani government is 27 Lakh crore rupees.
Please consider this carefully, in the first half of this fiscal year, in order to pay the interest on total public debt, Pakistan government spent 36% of its budget.
Now the question is, With this trend, in one fiscal year, will Pakistan have to spend 72% of its total budget only on servicing the public debt??
Now, you can realize how serious the financial state of Pakistan is.
But it doesn’t prevent them from warmongering against India.
Interestingly, there is nothing new in Pakistani government’s decision to sell its land because back in the September 2018, Pakistani Prime minister tweeted that daily Pakistan has to pay 500 Crore rupees to pay the interest on loans.
Though He was clear that Pakistan has been borrowing money to pay the interest on loans taken in the past. Yet Pakistani people were filled with pride when money was flowing in from China, Saudi Arabia and UAE.
They conveniently chose to forget that money coming in from there, is going eventually there. Leaving Pakistani people only with empty pride.
Anyways, as a good neighbor, we wish good luck to Pakistani government, so that it can quickly sell its land to pay off the small part of its huge loans.
Hopefully, there will not be any corruption in the public asset sell off.
You know, In India, there will be hue and cry, if Government even tries to sell public land to pay off loans.
More importantly, it appears that no body in Pakistan cares about government selling land for paying the interest on loans, Perhaps for them death of India is more important rather than their own survival.
Let’s see, how much loan Pakistan will be able to pay off with the public land sale.
Meanwhile, some day, one Pakistani minister say that they don’t need IMF bailout any longer. some other day, another Pakistani minister say, they are very close to get IMF bailout.
If you have noticed this is perhaps the first time, when Pakistan has been struggling to get IMF bailout. Otherwise in the past, as soon as Pakistan used to ask for IMF bailout, they used to get it very easily. Let’s see, when Pakistan gets its 22nd bailout. In general an IMF program last for three years, therefore we can say, out of last 71 years, Pakistan was under IMF ICU for around 63 years.
Despite this continuous state of chaos, This is Pakistan sponsoring the instability in Afghanistan, Iran and India as well.
Today's easy question is, After selling buffalos, cars and helicopters, What Pakistani government is now selling to pay off the public debt?
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