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PAKISTAN Collapse Approaches as IMF Bailout Stalls & 16 Days of Cash Remaining to Avoid Bankruptcy
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PAKISTAN is facing ECONOMIC MELTDOWN as the country runs out of Cash and Energy & Food Costs continue to Escalate. Pakistan has over $275 BILLION of DEBT and requires over $30 BILLION to service its debt and purchase FUEL & FOOD over the next 6 months. An urgent BAILOUT is needed and Pakistan is in discussions with the IMF about a Bailout Loan however the IMF want Pakistan to agree to Terms that they do not like. In a desperate attempt to avoid BANKRUPTCY Pakistan has now agreed an Oil Supply Deal with Russia but is in Urgent Need of some Capital as the Reserves are now less than $4BN meaning that the country has less than 3 weeks cash remaining. What is Pakistan going to do?
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Chapters:
0:00 Intro
2:45 TRADE
6:02 DEBT
8:49 INFLATION
11:16 RUPEE
13:34 IMF BAILOUT
17:43 SUMMARY & CONCLUSION
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