Categories
Economy

Pakistan Economic Crisis Explained (1947 to 2023)

Pakistan Economic Crisis Explained: Bhutto’s privatization, 23 IMF bailout packages, and overestimation of its geostrategic importance made Pakistan a failed economy.

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.