Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Financial Emergency Knocks

68 views

Published on

External debt of Pakistan has reached over $90 billion thus debt serving cost is increasing. President of Pakistan can impose financial emergency. (Sajid Imtiaz)

Published in: Economy & Finance
  • Be the first to comment

  • Be the first to like this

Financial Emergency Knocks

  1. 1. Starting from July 2013, with every passing year, quantum of external debt is being growing due to government’s inability to implement policies that could have ensured sufficient non-debt creating inflows like Foreign Direct Investment and exports promotion. Due to imprudent policies, the external debt has gone up from $60.9 billion in 2013 to $91.8 billion showing an increase of over 50 percent. External debt is taking its toll on the national exchequer due to the mounting debt servicing cost. Sajid Imtiaz: No.1 Pakistani Content Contributor at SlideShare AmirWaheedShaikh Financial Emergency Knocks

×