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Pseudo Prophet
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Comments by "Pseudo Prophet" (@PseudoProphet) on "Why Modi govt has nothing to fear on foreign currency borrowing" video.
We have forex reserves of $400 BN and we want to borrow just $10 BN and Modi haters are going crazy... While Pakistan has $100 BN of debt and forex reserves of only $8 BN dollars.... Stop being crazy and let the government get cheap loans.
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There are no risks... Risks will come if we keep borrowing and keep missing our deficit and inflation targets for 10-15 years.
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Rubbish... Those problems will only come true if we keep borrowing like crazy for 10 years and keep missing our inflation and deficit targets. Pakistan has $100 BN debt and forex reserves of only $8 BN... We have reserves of $400 BN and we only want to borrow $10 bn
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