Pakistan Crisis: Pakistan is facing the biggest economic crisis in 76 years.Economic Crisis) is grappling with. The next 4 days are considered very important in Pakistan. Due to the lack of foreign exchange reserves, Pakistan has sought a loan from the International Monetary Fund (IMF) to save its economy. At the same time, the IMF can soon share its final list of conditions with Pakistan.
Before the final list, a condition of IMF has created a stir in Pakistan. The IMF has asked the government of Pakistan’s Shehbaz Sharif to share the assets of all government officials of grade 17 and above and their family members. Means this will be a big action of IMF on corrupt officers.
The real picture will be clear by February 9
On the other hand, if action is taken on corruption in front of the Government of Pakistan, then the real faces of everyone from the army to the government will come to the fore. At present, Policy Negotiation is going on between the IMF and the Government of Pakistan, the final picture of which can be clear on February 9.
130 billion dollars spent on Pakistan
Actually, only 7 days worth of dollars are left in Pakistan’s coffers. Meanwhile, the path of IMF conditions has become a challenge for Pakistan. Pakistan has a debt of about 130 billion dollars. This also includes the loans given to China and Saudi Arabia. Pakistan’s foreign exchange reserves stand at $3.09 billion. China has a debt of about $30 billion. At the same time, the inflation rate in the country has reached the highest level in the last 48 years. Along with repaying the loan in front of Shahbaz Sharif, there is also a challenge to save the people from dying of hunger. The situation in Pakistan has become such that all the essential commodities including flour, rice, pulses are on the verge of running out.
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