Begging bowl is getting bigger and bigger.

Good. Now think how can u multiply this money

More money for the NRO ruling class. IMF know how to trap poor countries.

Is it a good sign getting the fourth IMF tranche? Will it be a crunch of debt on Pakistan or a relief?

What do you mean by "getting the economy back on track." It was never on track. Another trench! Good for Pakistan (no, I am sorry, good for Pakistani politicians). Whenever I hear about loan for Pakistan, I feel sorry for the Pakistani people's growing debt. Corruption is Pakistan's cancer. With this cancer, this poor nation is dyeing a slow death by inches.

PLEASE IMF, stop giving us loans that we can never repay. All this basically goes straight into our politicians pockets.

@Sunil Though there is a mixed view, bearing in mind the position Pakistan had soon after the election, the foreign reserves were sufficient enough to cover up the import of 1.5 months of crude oil. So, to lure foreign investment it is imperative to increase your reserves or to make sovereign guarantees - Government should have enough reserves for that. But this whole packages doesn't come alone with positives only, Pakistan's utter reliance on debt and abysmal performance has lead to budgetary deficit and budget's major chunk it attributed to debt repayments and restructuring cost which approximately accounts to 45%. Plus, for a developing nation, the threshold for debt to GDP ratio is 60% while mixed reports cite that, at present, the debt to GDP is around 62-65% which is a matter of concern and when we arrange loans from international lenders this will further burden our country/economy and sorta forms a bubble which might explode anytime soon if not adequate measures are implemented.

@Shah : Please then refuse ! Do you have the choice ? or the guts to say no to free money !!! Dont worry some one some where in west have earned , paid taxes and you enjoy ! Incidenatlly west is evil , right ?

Wow $556 million ..congratulations and celebrations :p

IMF loan ,I believe PML(N) is claiming a feather in its cap. Wonder what happened to $1.5 billion gift from a brotherly Muslim country ?

We should be proud that our constant begging is showing result. Beggars will remain beggars forever

beg. beg . beg. thats all we do.

Maojan e maojan ji.

Please be advised that parliament will be closed for a month as it is time for the parliamenterians to go on a well deserving shopping spree in Europe.

Cast Iron begging bowl never breaks.

Many comments are calling this loan 'begging'. I can live with this idea of begging, if this begging was for making Pakistani people's chances of success better. The aid is looted by a few. It does not help the people. I will give a passing grade to the government, if they honestly use this money on education, health, improving job opportunities, etc. Alas, that's not going to happen.

Good.let us now use this money to multiply and increase our reserves.remember we have to pay back with interest.so let us hope no money is eaten by corruption.Pakistan prosperity should come first

After this tranch is spent, then what? More begging? Oh! May be the Saudis will give another generous gift of a Billion Dollars or so. Right?

Big chunk is going into Nawaz and his brother Shabaz's cabal's welfare. Then there are the armed forces. Then there are the bureaucrats. Then trickle down economy. After everyone gets their cut,..very little left for dog catchers.

It's not the begging I have a problem with. It's the MISUSE of the begging. Had the governments of the PPP and the Muslim League used these IMF loans properly, we would not need to be begging them for it. Had these been spent on prosecuting and fining those who do not pay taxes, then it would have been useful. Or even on USEFUL development. How can you even think about LHR-KCH motorway if so many people can't even afford cars?

@pras Get your facts straight. There is no such thing as free money. That's why its called a "LOAN". Now go and get some basic education.

Will we have to pay it back some day?

Does the Sharif government has any plans for the use of these funds? if they do, then this must be shared with the people of Pakistan. If they don't, then media and the people of Pakistan should demand for this information.

next bhik to pakistan i think know 75% pakistan girvi haa lrts hope next 25% for next 15 years

The currency value of rs will also rise if the capital is fully invested into projects, infrastrucure & with good governance. If 500m rs vanish in private loans, Pak will be a failed economy, as we cannot live on loans/gifts every year. So, invest in public institutions now before it's too late with wars in east..

Straight to Zurich please one way no return many thanks