Norobiik @#Pakistan is in an #EconomicCrisis, with dwindling foreign #CurrencyReserves that will be further strained by a US$1 billion (S$1.35 billion) #BondPayment due in two months, while its US$3 billion funding programme with the #IMF expires on April 12.
"Our reserves will evaporate in weeks," said former finance minister Hafeez Ahmed Pasha. #PakistanElection #ImranKhan
Pakistan may face more economic misery if election result unclear
https://www.straitstimes.com/asia/pakistan-may-face-more-economic-misery-if-election-result-unclear
Pakistan may face more economic misery if election result unclear
LONDON/ The possibility of a political stalemate in Pakistan leading to delays in both reforms and crucial foreign funding has sparked a selloff in its international bonds and fuelled analysts' fears of further economic misery for the country. Read more at straitstimes.com.