Pakistan Economic Crisis: After Saudi, this Muslim country can give $ 1 billion to Pakistan, will Jinnah’s country be saved from default? – pakistan economic crisis pakistan moves closer to securing imf deal as uae to commit funds soon
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There is a war going on for flour in Pakistan
Even after this, the IMF agreement was stalled due to UAE not giving money. According to sources, talks with UAE have been completed and soon Pakistan will get a written guarantee. It will also be reported to the IMF. The development took place at a time when Pakistan’s Prime Minister Shehbaz Sharif and Finance Minister Ishaq Dar had requested the UAE authorities to save Pakistan from default by giving a loan.
There is a terrible situation in Pakistan due to economic crisis and banana is being sold for Rs.600 a dozen. There is a war like situation in the country for flour and many Pakistanis have lost their lives. This is one of the biggest economic crisis in the history of Pakistan. Meanwhile, the IMF has reduced the estimate of its growth rate due to the dire economic condition of Pakistan. Pakistan does not have dollars due to which it is not able to unload the goods from the port after ordering them from abroad. Due to this lakhs of people have become unemployed.
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