#pakistaneconomycrisis #imf
As Pakistan’s economic circumstances continue to decline, the country has come the closest to defaulting since 1998-99, its central bank raises rate by 300 basis points, inflation reaches 40% and currency tumbles. ThePrint Editor-in-Chief Shekhar Gupta lifts the layers from the crisis in episode 1184 of ‘Cut the Clutter’.
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Read ‘Markets Brace for Pakistan Default Risk as $7 Billion Debt Looms’ here: https://www.bloomberg.com/news/articles/2023-03-02/markets-brace-for-pakistan-default-risk-as-7-billion-debt-looms
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