A recent nationwide power outage in Pakistan indicates that the country's economic condition is at a critical juncture. From skyrocketing inflation to mounting debts and rapidly depleting foreign exchange reserves, this article discusses various factors that are taking a serious toll on Pakistan's economy.
India’s neighbouring state of Pakistan suffered a nationwide power outage leaving the land without electricity since Monday morning. As per reports in CNN, the nation has been grappling with fuel shortages since the winter months. The country’s Ministry of Energy said in a statement the country’s National Grid went down at 7.34 a.m local time, “causing a widespread breakdown