Pakistan s source funds from friendly countries which were flowing in are dried up. At present, the crisis stuck Pakistan is not getting easy loans or deposit transfers from its friendly countries. It is bracing for new challenges and adverse economic impact as one of its reliable development partners, Saudi Arabia ends its blank checks aid strategy, marking a shift toward economic accountability for struggling states including Pakistan.
Saudi Arabia is no longer willing to bail out Islamabad as it is getting frustrated while watching their financial assistance evaporate in struggling economies without any positive outcome.
As crisis deepens, Pakistan's public assets are up for sale theprint.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theprint.in Daily Mail and Mail on Sunday newspapers.
KARACHI :Shell Pakistan said on Wednesday that its parent company, Shell unit Shell Petroleum Company, would be exiting Pakistan with the sale of its 77 per cent shareholding in the local business.The move came after Shell made several announcements about its global operations and after Shell Pakistan (SPL) s