Pakistan Economic Crisis: At present, the economic condition of Pakistan is very bad. The country has a debt of more than 100 million dollars. In this situation, the danger of default on the country is clearly looming. Meanwhile, while talking on a Pakistani media channel, a person got agitated after seeing the bad condition of the country.
According to the video shown on YouTube channel 9.india, while talking to Pakistani media on IMF loan, a person named Kesar said that our country does slavery to big countries. He said that America and China are two such countries, to which we can say that you take our country and save us from default.
IMF is the only support for Pakistan
Pakistan is making every possible effort to avoid bankruptcy. He is continuously pleading for loans from the heads of different countries. These include China, Saudi Arabia and America. However, China has helped Pakistan during this period and provided loans to it.
Despite this, the amount required by Pakistan to improve the condition of the country can be met only by the loan given by the IMF. Since 2019, there is talk of a $6.5 billion bailout package from the IMF, but due to the strict rules imposed by the IMF, the deal has not been finalized yet.
Pakistani economist advised to sell property
The Pakistani man said in the video that we can mortgage our airports to take loans from other countries. At the same time, a senior official of a panel of economists said on a media channel that Pakistan is a big economy. Our GDP is 350 billion dollars. We also have assets worth 4 trillion dollars. Talking further on this, economists suggest that we should sell the property of our country to avoid default.
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