The actual GRAND THEFT is supposed to begin soon The $34 Billion - TopicsExpress

The actual GRAND THEFT is supposed to begin soon The $34 Billion investment from China that they keep parroting about isn’t actually an investment, it’s a LOAN This LOAN carries a FEE/INTEREST RATE of 7% whereas the project loans Pakistan gets from ADB/WB etc are usually at a rate of 2-4% To avail this LOAN, the condition is that there will be NO BIDDING for the project and Government will award contracts directly to Chinese companies (or companies that will utilize Chinese equipment and contractors) For this to happen, Government is amending Procurement rules since currently it’s not possible to award such contracts without BIDDING Read more: spyeyes.se/news-item/the-actual-grand-theft-is-supposed-to-begin-soon/

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