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Pakistan economic crisis: Debt mounts, forex falls, rising inflation. 10 key takeaways

Pakistan has edged closer to a debt default, echoing the tales of Sri Lanka and Venezuela.Rising inflationary pressure has increased the prices of essential commodities like wheat, onions, gas cylinders, etc in Pakistan ....

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Pakistan is selling off its old embassy in US. Their economy is that bad at the moment

Pakistan's economy is going through a turbulent period as inflation in the country has risen to a historical high of 42% and foreign exchange reserves have depleted to 6.7 billion dollars, barely enough for a month of imports. Pakistan's currency has been devalued so bad that the country is now buying 1 dollar for 224.63 Pakistani rupees. ....

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