Delay in Reforms Puts Pakistan’s Economy in Crisis

Pakistan is facing a severe economic crisis. Prices of staples like food and fuel are skyrocketing. The country must repay billions in external debt, but its foreign reserves are so low it can barely afford to buy a few weeks’ worth of imports. As the government tries to revive stalled talks with the International Monetary Fund to unlock much-needed assistance, Sarah Zaman looks at how delaying reforms has brought Pakistan to the brink of economic disaster.
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