Due to the strong fall in Pakistani currency, the poor economy has suffered a big blow. Due to the antics of Pakistan, the debt of the country and the world is increasing on it. Due to which the debt on the power sector is likely to increase up to Rs 850 billion. In the coming days, the rates of electricity in Pakistan will increase further. Even for the people of Pakistan, there is a shortage of essential daily things like bread and water. All his efforts to improve his condition are failing due to which his financial crisis is not taking the name of reducing.Pakistan is under the burden of debt in such a way that its foreign exchange reserves have also reduced to $ 4.1 billion, which is now on the verge of ending. And in the meantime, he got another big blow that the Pakistani currency fell by 255 against the US dollar. The Pakistani rupee closed at Rs 230 per dollar on January 25, and not only this, the process of breaking down of the Pakistani currency continued on Thursday, January 26, and it finally settled at Rs 255 against the dolla
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First facing the flood, then facing the bad economic situation, in the last one year, such serious situations have worsened the condition of Pakistan. Seeing such a bad condition of Pakistan, no country is helping it financially. Due to which he had to spread his hands in front of the International Monetary Fund. And seeing his bad condition, the International Monetary Fund has agreed to give him seven billion dollars in installments.But he has put very strict conditions in front of Pakistan. And due to the help received from Pakistan IMF, it is also ready to accept its tough conditions.
In view of his serious economic problem, a few days back, Pakistan’s Prime Minister Shehbaz Sharif had also mentioned in a statement that his government has stopped the difficult conditions of the IMF to bring back the $ 6 billion relief package. If reports are to be believed then inflation in Pakistan has increased up to 25 percent. The hands of the people there have become so tight that they are yearning for everything from roti-dal-rice to petrol-diesel.Also, Pakistan is becoming unable to import essential goods. Not only this, there are also full containers lying at Pakistani ports, for which Pakistan does not have the money to pay. If seen, Pakistan is also facing an economic crisis like Sri Lanka.
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