IMF BAILOUT & PAKISTAN | ARSLAN ZAHID KHAN |
Вставка
- Опубліковано 27 вер 2024
- A deepening economic crisis has all but emptied Pakistan's foreign exchange reserves, leaving it barely enough dollars to cover a month of imports and it is struggling to service sky-high levels of foreign debt.
The IMF team, which leaves Islamabad on Friday, said "considerable progress" had been made after 10 days of talks.
"Virtual discussions will continue in the coming days," the head of the IMF mission Nathan Porter said in a statement.
Although there was no financial lifeboat, both sides tried to paint the meeting positively. Pakistan's finance minister told a news conference the country had been given a detailed roadmap. He talked of "painful but necessary" reforms - the IMF wants to see action and commitments from Pakistan before it commits to lending more money.
In January annual inflation soared to over 27%, the highest it's been in Pakistan since 1975, and there are mounting fears for the economy in a pivotal election year.
This week the rupee sank to a historic low of 275 to the dollar, down from 175 a year ago, making it more expensive for Pakistan to buy and pay for things.
The lack of foreign currency is one of the most pressing of Pakistan's problems.
Great sir
Brother you deserve more subscribers, your content is op🔥
Great
Wonderfull
Perfect explanation
Weldon sir👍👍👍👍👍👍👍👍👍👍
Sir kindly corruption aur Pakistan ke education problems & solution per bhi videos banaiye ❤
Sir kindly, financial crisis of Pakistan 2007 py videos banaey
Sir, please make more videos
I watch your videos regularly
Sir ap love hai.
Don’t agree with you on subsidy on electricity as so many power plant in Pakistan are already exposed for charging too much money and on what conditions they re making electricity.not everything is under the control of imf
sir i have a question the civil servants, bureaucrates they are law makers why they are not performing leading roles in case of economic structural reforms ??
Bureaucracy work as a machinery for the govt and machines are ordered to act accordingly . although sometimes used as advisories to govt but again ultimate decisions are in political hands which are used to be vested personal interest..
Assalam.o.alaikum sir... As far as IMF is concerned academically, it suggests the standards for flourishing economy of particular state. There are some examples of countries that have utilized the bailout packages and have stabilized their economy. Will it be a good idea to mention misconduct and inability of system of a state simultaneously while blaming IMF if asked?
Exactly that was my thought.he hasn’t mentioned how ipps are making money for not even producing electricity
Can we write neo-imperialism as one of the causes of poor economy of pakistan?
Can we write socialism as one of the solutions of poor economy?
How about an Islamic economic system🤷♂️
Bro your content is op but keep voice quality bit good like in this video echo is hurting and making video less listenable!
Amazing Sir 😌😌
Thankyou sir for such a wonderful explanation....
Please add some readings in the description too. It will be immensely helpful.
GST is 17% not 16
Now 18 😢