Categories
Economy

Pakistan Economic Crisis 2022 is Worsening with no Quick Fixes

Pakistan economic crisis 2022: trade deficit of $48 billion, PSX becoming Asia’s 3rd worst performing stock market, and foreign reserves of a mere $9 billion

Categories
Economy

Pakistan in the IMF Debt Trap: A Story of 23 Bailout Packages

Story of Pakistan in the IMF debt trap dates back to Ayub Khan, who got 3 IMF bailout packages. Today, 45% of all budget goes to loan repayments.