Actors & Factors Behind Deepening Economic Crises in Pakistan
Pakistan’s economy has been suffering from years of mismanagement and political expediency. And that is why every now and then, the successive governments after coming into power, religiously end up seeking controversial IMF bailout packages and bilateral borrowings from friendly countries like China and Arab States to pay back previously taken accumulated external debt. This unending vicious cycle is now putting Pakistan at the risk of defaulting on its external borrowings. And there appears to be no remedy in sight to turnaround the economy given renewed political instability precipitated by the ouster of Prime Minister Imran Khan from power in April this year in an un-ceremonial manner.
The change is always made for good but here the change is bringing disaster . The change has been brought to keep the chief executive under thumb as usual but this time it has fired back and exposed the rotten system and rotten Neutrals who have no concern for poor because they are heartless