Loans, rescheduling of debt payments and massive increase in remittamces after the Amercian crackdown of hundi and other finance systems after 9/11.
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quote:What my actualy point was how the hell Pakistan has forex reseves of more than 7 billion? It's not just because of loans only.
i did'nt get that where does it say 7 billion in forex reserve in posts?
i read pakistan only gets something like 400million in foriegn investment? and is not reliant on foriegn exchange
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*Originally posted by ak47: *
i did'nt get that where does it say 7 billion in forex reserve in posts?
i read pakistan only gets something like 400million in foriegn investment? and is not reliant on foriegn exchange
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I wasn't even talking about forex reserves. I just used it as an example. If you think Musharraf and Shukat Aziz lied about Pakistan's debt situation, then why is there no news about that in the major news paper of Pakistan? Care to explain?
Pak-Media is much more FREE in Mush regime as it wasn't used to be in previous Govt.
I'm not sure about 400 million foriegn investment.