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The Big Questions

Debt - Who do we owe & how much? | Junaid Iqbal | Ep 3

Why does Pakistan keep going to the IMF for a loan? How much do we owe friendly countries? Is there an end date to this cycle of debt? This is the third episode in a new series of videos I will be hosting, to try and understand Pakistan’s economic situation and how we got here. Join me as we take a deep dive into Pakistan’s development challenges, and its economic potential. This episode explains who we owe, how much we owe, and why this is a problem. #pakistandebt #pakistanbudget #imfpakistan #imf #junaidiqbal #loans #debt #pakistanieconomy #worldbank #rupee #pakistanrupee #pakistanbudget #taxes #taxreform #budget2024 #foryou #foryoupage ABOUT OUR SPONSOR ELEVATE PAY: Create a USD account for free at https://links.elevatepay.co/macro Elevate Pay provides freelancers and remote workers in emerging markets, including Pakistan, with FDIC-insured USD accounts through its sponsor bank, Bangor Savings Bank (Maine, USA). Elevate Pay streamlines USD payments with free, fast deposits from US and international employers, as well as platforms like Upwork, Fiverr, Deel, and Toptal. Online spending is enabled through a Mastercard debit card, and for remittances, Elevate offers market-leading FX rates. Elevate's mission is to ensure freelancers and remote workers worldwide get paid quickly and at minimal cost, maximizing their hard-earned income. This video is based on publicly available macroeconomic data on Pakistan. If you are interested in further reading, please see the following sources: https://www.finance.gov.pk/dpco_publications.html https://www.finance.gov.pk/publications/Annual_Debt_Review_FY_2022_23.pdf A special thanks to to Tabadlab's detailed report on Pakistan's debt, available to read here: https://tabadlab.com/wp-content/uploads/2024/02/A-Raging-Fire-Tabadlab-Website.pdf Subscribe to our channel and turn on notifications (🔔) so you don't miss any videos. Follow Pakistan &Counting on X: /PakAndCounting

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Debt - Who do we owe & how much? | Junaid Iqbal | Ep 3 See the full The Big Questions series

Time Stamps:

  • Introduction
  • Size of debt
  • Breakdown of debt
  • External debt
  • Internal debt
  • Three problems about debt
  • Sponsor message Elevate Pay
  • Debt servicing
  • Foreign debt
  • Rupee depreciation
  • Payments due dates
  • Inflation risk
  • Crowding Out effect
  • Summary of problem
  • Looking forward
  • One last question