Pakistan Faces $100 Billion Debt Crisis, Says Deputy Finance Minister Ali Pervaiz Malik
Pakistan Faces $100 Billion Debt Crisis Deputy Finance Minister Ali Pervaiz Malik’s Revelation Pakistan’s Deputy Finance Minister Ali Pervaiz Malik announced that the country will need to repay $100 billion in external debt over the next four years. This amount is significantly higher than the current $9.4 billion in foreign exchange reserves. Financial Challenges Ahead…