PAKISTAN Default Imminent as $22 Billion Debt Repayments are Due & Inflation Hits 50 Year High
Joe Blogs
Mar 3, 2023
246K subscribers ... 125,364 views ... 6.9K likes
#WW3 #UKRAINE #RUSSIA
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PAKISTAN is on the verge of DEAFULT and is facing ECONOMIC MELTDOWN as the country runs out of Cash and Energy & Food Costs continue to Escalate. Pakistan has over $275 BILLION of DEBT and requires over $30 BILLION to service its debt and purchase FUEL & FOOD over the next 6 months. An urgent BAILOUT is needed and Pakistan is in discussions with the IMF about a Bailout Loan however the IMF want Pakistan to agree to Terms that they do not like. In a desperate attempt to avoid BANKRUPTCY Pakistan has now agreed an Oil Supply Deal with Russia but is in Urgent Need of some Capital as the Reserves are now down to $3BN meaning that the country has less than 3 weeks cash remaining.
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Chapters:
- 0:00 Intro
- 1:36 PAKISTAN
- 2:50 PROBLEMS
- 3:53 CURRENCY
- 5:33 INFLATION
- 8:01 DEBT
- 10:54 IMF BAILOUT
- 12:45 RATING
- 15:24 SUMMARY & CONCLUSION
#PAKISTAN
#UKRAINE
#RUSSIA
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3
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Peter Burgess
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