Way out for the Pakistan's
economic crisis
Pakistan's economic and financial situation is very bad even it's best
friend all weather friend China is also reducing orbit drawing their investment
from Pakistan
Pakistan in will do do some violation of LOC so that Pakistan's
population will focus on border rather than on economy
China till date was considered as the best friend always a friend of
Pakistan who stands with Pakistan in all the situation
Before world Bank key fresh loan China try to invest in Pakistan as much
as possible to withdraw Pakistan from bankruptcy
This year China gave Pakistan 2 billion dollar fresh loan so that
Pakistan could stand on their feet
But the worst part for the Pakistan is
China's withdrawing investment in the Pakistan which is shocking
In 2019 July June Chinese investment reduced to 49.6 crore dollar
In 2008 it was 1.8 billion US dollar
Pakistan's economic and financial situation is very bad
Pakistan has lot of debt
It is difficult for Pakistan to repay the amount
Even Pakistan government is is using death amount to run their
government
To repay the interest Pakistan has to ask for fresh loan
Pakistan is traped in the vicious cycle from which it cannot be possible
to come out
US also trying to withdraw themselves from the Pakistan because Pakistan
is involved in lot of terrorist activities
US investment in Pakistan reduced 8.4 crore dollar
Last year us investment in Pakistan was 14.7 crore US dollar
Us and China withdrawing their investment because there is no scope for
growth in Pakistan an
In 2019 FDI reduced by 49% that means half of the FDI has stopped
In 2019 financial year Pakistan got 9.5 billion dollar foreign loan
amount
From UAE and Saudi Arabia Pakistan has got 5 million dollar loan
In 2019 Pakistan's economic growth is 3.29% only
Pakistan can notable to find any way out from this difficult situation
China used to help Pakistan in each and every situation but now China is
also refuse to extent helping hand any more
Imran Khan is trying to get the help from the other countries for the
Pakistan but that is only superficial there is no concrete plan to take out
Pakistan from Dept cycle in long run only temporary measures are taking care
Pakistan is not able to understand if if there is way out what is that
exactly
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