Pakistan Defence Minister Acknowledges Country Has Already Gone Bankrupt

Pakistan Defence Minister Acknowledges Country Has Already Gone Bankrupt

Secretary of Defense says everyone, including establishment and bureaucrats, are to blame.

Defense Minister Khawaja Asif argued on Saturday that the country was largely insolvent, as fears that Pakistan was facing an imminent debt dereliction urged policymakers to stem a horrifying script. He said everyone, including functionaries and politicians, was to condemn.. The comment comes at a time when the country is scuffling with a deep profitable extremity, decades of affectation and extremely low foreign exchange reserves that have been depleted by ongoing debt service scores. ” You’ve heard that Pakistan is about to go void or that there is a dereliction or a meltdown. It’s formerly happed. We live in a void country.” he said in a speech in Sialkot. The defense minister said it was important for Pakistan to stand on its own for stability.” The result to our problems lies in the country. The IMF has no result to Pakistan’s problems.” He said everyone, including the ruling class, bureaucracy and politicians, are responsible for the current profitable fermentation because the law and constitution aren’t admired in Pakistan. The minister said he has spent utmost of his time in the opposition camp and has seen politics fall out of favor over the once 32 times. Asif has lashed out at the former government, saying terrorists were brought into Pakistan two and a half times agone , which eventually led to the current surge of terrorism. Regarding the attack on a police station in Karachi, he said security officers fought courageously against KPO bushwhackers. The statement comes just days after Treasury Secretary Ishaq Dar introduced his 2023 Treasury( Supplement) bill, generally known as themini-budget, to both houses of Congress, egging the government to agree to the important- demanded release of the bailout. hastily changed his IMF terms. to meet.

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