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According to Bilawal Bhutto Zardari, Pakistan is facing worst economic crisis in history

Economy

Pakistan facing worst economic crisis in history, Bilawal

ISLAMABAD: Bilawal Bhutto Zardari, Pakistan’s foreign minister said currently Pakistan is facing the worst economic crisis historically.

During an interview with CNBC on the sidelines of the Munich Security Conference, Bilawal said that the flood (in Pakistan) and Russia-Ukraine war destroyed the nation’s economy.

“Pakistan can overcome its issues once again by becoming an emerging economy. Unconstitutional actions will no longer be used during this time, he insisted. “

Bilawal further claimed that they had discussed Pakistan’s economy, climate change, and the situation in Afghanistan at the conference.

The PPP chairman claimed that Khawaja Asif’s statement, the defense minister, was speaking in a political context.

“Khawaja Asif was not referring to technical issues, but rather challenging economic conditions.”

He claimed that they are going through the worst economic crisis ever.

“A significant part of our country was flooded by floods. Flood calamities happened due to climate change. The flood has altered Pakistan’s economy’s course. Pakistan is still facing issues and has been unable to overcome them. Now Pakistan is negotiating with IMF only to escape from this economic crisis, he continued.

He believed that the actions done by the opposition were unprecedented in history.

Moreover, Bilawal indicated that Imran Khan might not be able to continue in politics if he rejects “the democratic road.”

Bilawal added that he deemed two events in the past year as significant for Pakistan’s future: Imran’s ouster and former army chief General Qamar Javed Bajwa’s pledge of neutrality.

Furthermore, Bilawal referred to the vote of no confidence that resulted in the resignation of the PTI leader as an “institutional and democratic milestone.”

In the course of Pakistan’s history, he continued, “it is an achievement that the democratic process resulted in PTI’s chairman Imran Khan’s resignation.

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