Pakistan Economic Crisis Imf bailout package nuclear bomb deal inflation

IMF Bailout Package: Pakistan (Pakistan) may be struggling with a serious economic crisis, but its arrogance is not taking the name of work. Pakistan is in dire need of a bailout package from the International Monetary Fund (IMF). Pakistan is continuously negotiating with the IMF, accepting all the conditions so that the IMF gets ready to give loan as soon as possible. But the IMF put such a condition in front of Pakistan, as soon as it was mentioned, Shahbaz Sharif's government came on the back foot. The Shahbaz Sharif government told the IMF that no matter what happens, it cannot compromise on its nuclear programme. Finance Minister Ishaq Dar has also given his statement on this issue.

Pakistan is not giving up nuclear bomb love!

Pakistan's Finance Minister Ishaq Dar, in response to Raza Rabbani's question in Parliament, said that there will be no compromise on Pakistan's nuclear program for loan from IMF. Whatever deal will be between IMF and Pakistan will be uploaded on the website so that everyone can know about it. There is no question of compromising with the nuclear programme.

Need for loan from IMF

Finance Minister Ishaq Dar further said that we represent the people of Pakistan. We are constantly working to protect the interests of our people. No such agreement will be made with the IMF or any other which will be to the detriment of Pakistan or the people of Pakistan. Talks are on for a $1.1 billion bailout package from the IMF.

peak inflation

Significantly, Pakistan rupee is continuously falling against the dollar. Inflation is at its peak here. People are dependent on bread twice a day. The price of petrol and diesel is skyrocketing. Although, Pakistan's talks with the IMF on the loan have been going on for a long time, but the talks have not been finalized yet.