Forum Administrators Haji 2003 Posted January 26 Forum Administrators Report Share Posted January 26 Following the Sri Lankan trajectory Quote Pakistan’s economy is at risk of collapse, with rolling blackouts and a severe foreign currency shortage leaving businesses struggling to operate as authorities attempt to revive an IMF bailout to relieve the deepening crisis. https://www.ft.com/content/560319d3-df5c-476c-9005-8f4bea09eac9 Hameedeh 1 Quote Link to comment Share on other sites More sharing options...
Forum Administrators Haji 2003 Posted March 7 Author Forum Administrators Report Share Posted March 7 Quote Struggling with a foreign-exchange crisis, the government has slapped bans on imports. Allied with rising costs – fuel has doubled since 2020 and electricity bills have tripled – it has led to mass closures of businesses and millions of job losses. Prices of ordinary foodstuffs such as flour, onions and oil have risen steeply. Meat has become unaffordable except for the well off. Daily reports are circulated on WhatsApp groups of armed burglaries, muggings and carjackings at gunpoint. Teachers at non-elite schools report a spike in marital strife, domestic violence and mental illness. https://www.theguardian.com/commentisfree/2023/mar/07/pakistanis-leaving-country-inflation-job-losses-crisis Ashvazdanghe 1 Quote Link to comment Share on other sites More sharing options...
Forum Administrators Haji 2003 Posted April 2 Author Forum Administrators Report Share Posted April 2 Commercial ties between Pakistan and Israel. Linked to IMF loans? Quote Link to comment Share on other sites More sharing options...
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