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“Pakistan’s Economic Situation Is Nothing Less Than A Disaster,” Says Foreign Minister

“Pakistan’s Economic Situation Is Nothing Less Than A Disaster,” Says Foreign Minister

BusinessToday.In
BusinessToday.In
  • New Delhi ,
  • Mar 13, 2023,
  • Updated Mar 13, 2023, 11:57 AM IST

Pakistan’s foreign minister said his country is facing “a perfect storm” of troubles — an economic crisis, the consequences of catastrophic flooding, and terrorism “that is once again rearing its ugly head” as a result of the Taliban takeover of Afghanistan. Bilawal Bhutto Zardari, the 34-year-old son of assassinated former Prime Minister Benazir Bhutto, said. Discussing his cash-strapped country's crushing need for financial help, he sharply criticized the International Monetary Fund, which last month delayed a $6 billion bailout over Pakistan's failure to meet terms of a 2019 deal.

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