The IMF and Pakistan have reached an settlement on $3 billion standby settlement because the nation nears default on its worldwide money owed.
Dwindling overseas reserves and a fall within the worth of the rupee is fuelling hovering inflation.
Political chaos has scared off overseas buyers.
And final 12 months’s devastating floods have added to the numerous challenges going through the nation.
Many hope the IMF stand-by deal will provide some aid and stop it from going into default.
Presenter: Adrian Finighan
Company:
Adnan Jalil, Cupboard Minister of Commerce, Trade and Technical Training in Khyber Pakhtunkhwa province
Zeeshan Salahuddin, Political Analyst, at The Consultancy Agency Tabad-lab
Maleeha Lodhi, Political Scientist and Former Pakistani Ambassador to the United Nations, the USA and Nice Britain
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#Information #Pakistan #IMF #settlement #internationaldebt #rupee #inflation #politics #foreigninvestors #floods #challenges #aid #economic system
