Saudi China On Pakistan: Poor Pakistan doesn’t beg anymore… Announcement of friend Saudi Arabia-China, why Shahbaz is afraid of IMF?

Islamabad: The economic crisis in Pakistan is getting worse day by day. And the Shahbaz Sharif government is unable to decide whether to beg at the doors of the IMF to save the country. Actually, if Shahbaz Sharif goes to the door of the International Monetary Fund, he may have to take many tough decisions. Due to this, the inflation running at a record level in Pakistan can increase manifold. Apart from this, the IMF has also asked to reduce the expenditure on the army. General elections are to be held in Pakistan this year and Imran Khan’s popularity is at its peak.

If Shehbaz goes to the IMF, it will destroy the Sharif family’s dream of coming back to power. He too has given water to Imran Khan Shahbaz Sharif’s stronghold in Punjab in the last several by-elections. Instead, Shahbaz Sharif wants a caretaker government to be formed and he should take these unpopular decisions. Due to not taking the decision of PM Shahbaz, the population of 23 crores of Pakistan is suffering. This is not the first time for Pakistan that it is caught in a serious economic crisis.
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Saudi helped on nuclear bomb test

However, this time the situation is very different from before and this is the reason why the Shahbaz government is unable to find a way out. In fact, to help Pakistan in the economic crisis before this, its friendly countries Saudi Arabia, Qatar and China used to come. This time things have turned around. Disturbed by Pakistan’s habit of begging repeatedly, Saudi Arabia and China have clearly said that they will not give bail anymore. Earlier, when Pakistan had tested nuclear bomb in 1998, there was a military coup in 1999, every time these friendly countries had saved them.

Even after testing Pakistan’s nuclear bomb, Saudi Arabia secretly supplied it with oil. He didn’t even take the money for it. Similarly, China, UAE and Qatar also extended their help to Pakistan. Pakistan got used to this bailout and started reaching out again and again to beg. This upset China, UAE and Saudi Arabia and they have refused to give bailout to Pakistan. All these countries now want the Shahbaz government to go to the IMF.
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Saudi Arabia imposed many conditions in its help

On the other hand, the Shahbaz government is busy in making plan B, which does not seem to be possible. Pakistan is getting to know its real status for the first time. Friends of Pakistan are not going to bail him out for free now. Pakistan is avoiding economic reform which is the first condition of IMF. Due to this, his conversation with IMF is becoming more difficult. The Finance Minister of Saudi Arabia had recently announced at the World Economic Forum that his country will no longer give dole to friends.

Earlier, on the pleading of the Pakistani Army Chief with the Saudi Prince, he had announced the help of billions of dollars. Kamran told that Saudi Arabia has imposed many conditions in its help. Now Saudi will give loan to Pakistan only when it goes in the program of IMF. Whereas Shahbaz and the army chief are not ready for this.