Pakistan will face economic difficulties, Bloomberg
newssoye web desk
13 hours ago
Global organization Bloomberg says that Pakistan will face economic difficulties, but there is no fear of Pakistan defaulting.
Global organization Bloomberg has released a report regarding Pakistan's economy, in which it has been said that there is no risk of Pakistan defaulting.
The Bloomberg report states that Pakistan will face economic difficulties, and will have to seek IMF assistance in difficult economic conditions.
The Bloomberg report said that Pakistan is in dire need of an IMF loan due to the devastation caused by the floods, and the IMF will issue loans based on the country's needs.
The report added that investors are concerned about debt repayments by April 2024 and that Pakistan needs more external assistance.
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