Pakistan likely heading towards debt default: Analysts
Автор: CNA
Загружено: 2023-03-06
Просмотров: 33106
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Food, fuel and business costs in Pakistan have climbed to their highest in half a century, in an economy ravaged by the pandemic and last year’s disastrous floods. The government recently hiked taxes to unlock a US$1.2 billion tranche from the IMF, driving inflation up and worsening the country’s economic hardships. Some say Pakistan is likely to default on its loans. CNA's Ishan Garg reports.
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