YET ANOTHER LIE!!!!!! The 45 Billion USD worth of CONTRACTS that the government is claiming are interesting. The money is being lent by a chinese bank which is getting it from the Chinese Government for 7%. The money by contract will only be given to developing projects by Chinese firms, which in turn have a Government of Pakistan guarantee of 23% interest. So we are basically taking a HUGE amount of money as loans. While IMF and World bank give loans to the government on 1.5 -2 % interest , this shit is as screwed up as the EURO bonds that were sold before.
Posted on: Sun, 09 Nov 2014 12:53:30 +0000
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