Pakistan Crisis: In front of the flood victims, Bilawal Bhutto started begging for loan from IMF, said- now give money

The plight of Pakistan is not hidden from anyone. Taking a bowl of charity, he has been asking for help sometimes from the World Bank and sometimes from the Arab countries. On the other hand, the deteriorating economic condition of Pakistan has loosened the attitude of the rulers there. The situation has become such that they have started begging in front of the International Monetary Fund (IMF). Not only this, Pakistan’s minister Bilawal Bhutte was seen requesting the IMF for loan in front of the flood victims. Pakistan-based Dawn newspaper reported that Foreign Minister Bilawal Bhutto Zardari said that the International Monetary Fund (IMF) and the Pakistan government should consider the plight of people affected by the floods in the country and ensure that they are safe from economic hardships.

Pakistan is currently in talks with the IMF delegation to release much-needed funds under the stalled bailout programme. Unveiling a post-flood reconstruction project in Sindh in collaboration with the United Nations Development Program (UNDP), the External Affairs Minister urged the government and international lenders to provide “relief” to the flood-affected people. Zardari said it was the responsibility of international organisations, including the IMF, to “suggest reforms for our betterment but flood-affected people should also be protected so that they can come out of the current situation”.

He said the country has suffered severe losses due to the floods as 3.3 crore people have been affected while standing crops in 50 lakh acres have been destroyed. Referring to the impact of the disaster, he said, “Agriculture is the backbone of our economy but this flood has broken our back.” There is a standoff over the issue, which is a major obstacle to concluding a staff-level agreement. The IMF has calculated a huge gap of about 900 billion rupees, equivalent to one percent of Pakistan’s gross domestic product (GDP).