Pakistan can go bankrupt


Reports indicate that Pakistan economic condition is not good. The country has $8.14 billion (£4.65 billion) of foreign currency to pay for imports of oil and food.

The present government has failed to get loans from friendly countries. Even Saudis have refused to extend their help. Pakistan had requested them to defer oil payments. But they refused. In this situation, if the government failed to get money in 30 days, Pakistan will go bankrupt.


 

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