Loud Thinking

My un replied email of 14 October, 2012

Subject: Mr. Abdul Hafeez Sheikh Sahib Kindly Provide the Information About IMF Loan & Etisalat Overdue Payment

1. Pakistan is repaying $7.6 billion to the IMF. Did we receive exactly this much amount or the total sum was less than this figure?

2. How much amount of interest Pakistan will be paying over the principle sum of this loan of $7.6 billion from the IMF? Or the IMF will be charging interest on the whole sanctioned amount of $11.3billion?

3. Did Pakistan pay and what was the total bill for the traveling, boarding and lodging of IMF delegations’s recent visit to UAE, for discussions with our economic team?

4. Besides the interest, how much service, handlers commission and or other charges were deducted by the IMF, on its loan of $7.6 billion to Pakistan? V V important question.

5. How much service charges or penalty was charged by the IMF to Pakistan, for not utilizing or obtaining the remaining $3.7 billion amount, from the originally sanctioned loan amount of $11.3 billion; because Pakistan got only $7.6 billion from IMF?

6. When will Pakistan get its overdue payment of $800 million from the Etisalat Telecom, which is controlling the whole PTCL management and other affairs, with a minority share holding?

Syed Nayyar Uddin Ahmad
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