Connect with us

Hi, what are you looking for?

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.

Read more: Gold listless as traders look to US data for Fed cues

Written By

Breaking News

A video allegedly featuring Dolphin Ayan, a well-known transgender figure in Peshawar, has gone viral on social media. In response, Ayan filed a police...

Breaking News

German Foreign Minister Annalena Baerbock was shocked upon arriving in China on Monday when no officials were there to greet her, prompting her to...

Latest Updates

HYDERABAD: Director General (Finance & Cooperation) of the Agriculture Department, Imdad Memon, a BS-20 officer, and six other co-accused were arrested on Tuesday after...

Entertainment

ISLAMABAD: Renowned actor Firdous Jamal’s wife has obtained a divorce after 35 years of marriage, as revealed by their son, Hamza Firdous, in a...