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    Pakistan Economic Crisis: Everyone is asking the question in Pakistan, when will the condition of the country improve, now even the jobs are in trouble

    BhagyashreeBy Updated:No Comments3 Mins Read
    Karachi: On one hand the country is sinking and on the other hand the citizens are unable to understand what is happening. India’s neighboring country Pakistan comes out of economic crisis every time and then after a few years it gets engulfed in the same crisis. But this time the situation is very bad. In the last 75 years, the country has not seen such an economic crisis, which it is facing this time. Eagerly waiting for the help from the International Monetary Fund (IMF), but at the moment it does not seem that there will be any relief soon. But even after this, the politicians of the country are in their own tune. It doesn’t matter to them what situation the country is heading towards. Economic experts of the country are very disappointed to see this whole situation. According to him, Pakistanis will be forced to see very painful and bad times in the coming times.

    don’t expect miracles
    According to the economic experts of the country, there is no possibility of getting relief from this present crisis. There will be a delayed recovery in the economy and in this whole process the citizens will have to suffer a lot. According to him, even if funding comes from the IMF and help comes from other countries, no miracle is going to happen at once. According to him, even in this situation, the politicians of the country do not want to talk about getting it out of the economic crisis and improving it. They do not want to see that due to their policies, Pakistan’s plight is getting worse. They also do not want to believe that this situation has happened today because of their bad policies and decisions.
    Pakistan IMF Loan: IMF did not give loan, behaved like ‘beggar’, Pakistanis got angry, told ‘enemy’ connection
    Careless result of the government
    Many experts in Pakistan believe that the decisions being prepared to secure foreign funds and to improve the economy are being opposed in the market. But this protest is also being ignored. According to experts, till the time the government does not realize that a strict policy is needed to improve the condition of the country, no one will help Pakistan. In such a situation, it would be better if Pakistan itself thinks about its help. Until this happens, no one is going to come forward. The interesting thing is that the citizens of Pakistan have no idea that preparations have been made to recover a huge price from them.

    Factories closed, employment zero
    After Covid, the economy of the whole world is facing further crisis. Due to all the unsuccessful efforts made by the previous government of Pakistan, the payment crisis started. According to the government and the Central Bank, this time the GDP will grow at a rate of less than two per cent. The floods in September destroyed many crops across the country, especially in Sindh. Imports of raw materials and equipment were banned to save dwindling foreign exchange reserves. The result was that factories shut down and production shrank completely. When the condition of the country will improve and how the situation will be corrected, only speculations are being made.

    Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social cause and entrepreneurship is her forte.

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