Pakistan Economic Crisis : Why NOBODY is ready to help Pakistan | Abhi and Niyu

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Pakistan is going through an economic crisis and so far none of its friends and international institutions have given any bailout or a loan. But why is Pakistan so alone in geopolitics? Why is nobody ready to bailout Pakistan? What are the conditions set by IMF to help Pakistan? We find out in this video by Abhi and Niyu
#pakistaneconomy #pakistanvsindia #geopolitics
Pakistan is currently facing an economic crisis that has been ongoing for several years. The country's economic woes are multifaceted and have been exacerbated by a range of internal and external factors. These factors include high inflation rates, a growing trade deficit, a massive current account deficit, a weakening currency, and a lack of foreign investment.
One of the primary drivers of Pakistan's economic crisis is high inflation rates. Over the past few years, inflation has been on the rise, with the rate reaching a record high of 14.6% in January 2021. This has led to a significant increase in the cost of living for many Pakistanis, particularly those living on lower incomes.
Another significant issue facing Pakistan's economy is a growing trade deficit. The country has been importing more goods than it exports, leading to a widening trade gap. This has put pressure on Pakistan's foreign exchange reserves, which have been declining steadily.
The country is also facing a massive current account deficit, which is a measure of the country's trade balance in goods and services, as well as investment income. Pakistan's current account deficit was estimated to be around $1.4 billion in 2020, a significant increase from the previous year.
The weakening of the Pakistani rupee is another factor contributing to the country's economic crisis. The rupee has been steadily declining in value against the US dollar, making imports more expensive and further exacerbating the trade deficit.
A lack of foreign investment is also contributing to Pakistan's economic woes. The country has been struggling to attract foreign investors, who have been deterred by issues such as political instability, security concerns, and a lack of infrastructure.
In conclusion, Pakistan is facing a significant economic crisis, driven by a range of internal and external factors. The country's high inflation rates, growing trade deficit, massive current account deficit, weakening currency, and lack of foreign investment are all contributing to the crisis. Addressing these issues will require significant structural reforms, including measures to reduce inflation, promote exports, attract foreign investment, and improve infrastructure.
A video by Abhiraj Rajadhyaksha & Niyati Mavinkurve
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Abhi and Niyu is the fastest growing Indian educational KZhead channel. Abhi and Niyu are a husband-wife couple who believe in the power of our youth.
Abhi and Niyu started their page to talk about positive, impactful ideas and to inspire offline action from online content. It was a way to change the way our negative feeds operated and replace negative news with positive, action-oriented news that made some change. They decode and simplify issues for Millenials and believe small steps lead to big outcomes in the future. Their videos span different genres like history, environment, and sustainability, policy discussions, social commentary, economics, personal finance, among others.