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Twirp : Terrorist Wahabi Islamic Republic Pakistan 3
<!--QuoteBegin-Naresh+Oct 25 2008, 04:18 AM-->QUOTE(Naresh @ Oct 25 2008, 04:18 AM)<!--QuoteEBegin--><b>Mudy Ji & Viren Ji :</b>

<b>Bitter fruits of IMF bailout</b>
What is the meaning of <b>at a mark-up rate of 16.7 per cent per annum,</b>.
Does <b>"mark-up rate" mean "Interest Rate"?</b>

Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->
16.7% will be added to actual principal for next 3 years.
There will be some extra charges or condition on top of that.

Pakistan is very good in covering defence budget. Army controls every single Industry. They are able to fool World Bank, IMF and others till now, why this will be different. I think after 3 years someone may write-off debt.

Mushy left them in very bad situation. He is enjoying his life in Palace outside Islamabad without any hitch. I am bit surprised. It means this was Mushy/Army drama. They knew before hand that treasury is completely empty. So they let politically handicap puppet on power. Now Zardari will insure funds for Paki Army janta and as soon as his utility is over we may see some replacement.
Mushy is still in power like Queen in India.

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Twirp : Terrorist Wahabi Islamic Republic Pakistan 3 - by Guest - 10-25-2008, 09:10 AM

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