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Home World News

Another Sri Lanka In The Making? Pakistan On Brink Of Economic Ruin | Insight | Full Episode

CNA Insider by CNA Insider
August 30, 2022
in World News
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Another Sri Lanka In The Making? Pakistan On Brink Of Economic Ruin | Insight | Full Episode
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A growing debt crisis, dwindling forex reserves and soaring inflation have pushed Pakistan to the brink of an economic disaster. These were some of the factors which contributed to the ouster of former Prime Minister Imran Khan in April this year through a vote of no confidence. His removal has created a turbulent period of political instability and uncertainty in the country.

Today, the Pakistani rupee has been in free fall. It plummeted to an all-time low of 211 against the US dollar only in June this year, adding further pressure to the Pakistani economy. It now relies on financial aid from the International Monetary Fund (IMF) to help stave off an unimaginable economic crisis.

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With the economic crisis deepening, all eyes are on Prime Minister Shehbaz Sharif to ease sufferings of his people. Can he get the country of the woods? Or is Pakistan another Sri Lanka in the making?

For greater INSIGHT into issues affecting Asia:

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Comments 37

  1. R A says:
    3 years ago

    Shabazz thieving bastard, IMF is the DEVIL just because Imran khan fucked off EU and USA you west will burn in HELL FIRE

  2. R A says:
    3 years ago

    SPENDING CUTS HAHAHAHAH JOKER STOP FILLING YOUR OWN FORIGEN BANK ACCOUNTS IN DUBAI AND PANAMA

  3. Harsh Maliya says:
    3 years ago

    Where are our peaceful muslims…..
    Who criticize modi government about inflation, unemployment, and rupees down on 80 😂😂
    And saying muslims are living worst life in India

    Look you religion people who come by in yours after partition can't living a good life even in majority 😂

  4. Dipika Mondal says:
    3 years ago

    As Indian requesting to don't comment on there situation it is not related to India let them introspect and realised where it is going wrong…

  5. Gypsy Soul says:
    3 years ago

    The economy is a ticking time bomb & nobody has a solution to all this mess.

  6. Robert Lovett says:
    3 years ago

    Do what the rich do! That is, don’t pay your debts and instead set up a regional currency backed by pakistans commodity. The IMF is the real cause.

  7. Chico Chico Shukor says:
    3 years ago

    The most important things is God is great. Just thanks him and pray. That is blessing

  8. Sohaib Salman says:
    3 years ago

    All these journalists and khaqan abbasi being interviewed are the lowest of scum here.

  9. Muhammad Raza says:
    3 years ago

    Me currently living in Pakistan. Pakistan has never been as alive as it is now. Our population completly supports imran khan. Yes conditions are bad but this is alot do do with global impacts of corona and thr war. Pakistan has seen much worse and survived honestly this is not thay big of a thing for us we know we will come out of it stronger

  10. Silent Walker Tour says:
    3 years ago

    Allah punishes Pakistan for what they do for the last 60 years in Afghanistan. Even shaitan is nog that evil as the Pakistan to the Afghan people

  11. Silent Walker Tour says:
    3 years ago

    Wallahi the evil you did to Afghanistan you will see the qiyamat in your country just wait

  12. NGC 3089 says:
    3 years ago

    Why do people choose to have kids when their financial situation is in dire straits? Why let kids go through tough times when you know that is what they will go through.

  13. Tiger Raja Singh 🚩 says:
    3 years ago

    Pakistan is not a democracy ,it is controlled by military.
    Politicians are puppet of military.

  14. Tiger Raja Singh 🚩 says:
    3 years ago

    Do a documentary on persecution of minority non-muslims .
    They have no rights in Pakistan.
    Their (forceful conversion, forceful marriage,abduction, destruction of religious site) is very common.👍👍👍

  15. Tiger Raja Singh 🚩 says:
    3 years ago

    Other Nation – Has an army .
    In Pakistan – Army has a nation 👍👍👍

  16. Tiger Raja Singh 🚩 says:
    3 years ago

    Don't blame politicians, main culprit is Pakistani army, cause everything is controlled by army, politicians are only puppets.👍👍👍

  17. Tiger Raja Singh 🚩 says:
    3 years ago

    As an Indian I feel bad for the innocent civilians who face such problems due to pupett politicians .

  18. Pras Ag says:
    3 years ago

    The reason for the state that Pakistan finds itself is really the rabid La lullah lullulah !

  19. un_ va_ says:
    3 years ago

    didn't Bangladesh request India and IMF for loans from bankruptcy like 2 weeks ago? Bloomberg is not just good at "inaccuracy" but also good at fabricating stories.

  20. jackson got talent show says:
    3 years ago

    Bhaiya log baccha kam paida karo thoda

  21. F350 says:
    3 years ago

    Happened after Imran Kahn was removed by outside intervention

  22. F350 says:
    3 years ago

    Who has taken all the money? The money has to go somewhere, it’s like a sink drain. Who ever owns the sink gets the money.

  23. Robert Butler says:
    3 years ago

    I hope that China and Russia is next!!!

  24. Lucky Advertising says:
    3 years ago

    They need honest bureaucrat in Pakistan , and family planning in Pakistan ,very important otherwise Pakistani will more worst economic situation in future

  25. Lucky Advertising says:
    3 years ago

    Population bhut tazi se baad rahi hai pakistan mein ,

  26. * Amazonman says:
    3 years ago

    The people in government are fat and lack for nothing.
    Government always takes from the working man who is poor.

  27. shivbaba says:
    3 years ago

    Pakistan needs 40 billion dollars to rebuild the country, Now the natural calamity is going to make it worst. Cutting down military spending, and selling military weapons are other options right now.

  28. shreya agarwal says:
    3 years ago

    This is absolutely gut wrenching and the situation these people are living in is so painful even to watch. I just pray for the people of this nation and hope the situation gets better for them soon.

  29. A.Hussain says:
    3 years ago

    The government is a shambles and blood sucking lychees and poor have to pay that price it's a unjustice to the hard poor working people of pakistan.

  30. A.Hussain says:
    3 years ago

    The currency management is due to money-grabbing politicians.

  31. Aaron Salvesen says:
    3 years ago

    Every overburdened country appears to be on the chopping block. It appears The global elites will thin them out with every measure they have access to, cutting off food supplies, disrupting supply chains, destroying local currency etc…

  32. Kan Pak loy Kan says:
    3 years ago

    It's all the fault of yankies CIA interference on Paskistan internal matter. This yanks r trouble maker where ever they go especially the merder news media group.

  33. Cat says:
    3 years ago

    Sell the country to China. Abolish Islam.

  34. Frank Blangeard says:
    3 years ago

    "Pakistan faces 6.4 Billion dollars of debt due over the next three years" 10:29. That sounded like a really low amount of debt so I checked and found that as of March 2022 Pakistan had a total public debt of 249 Billion dollars of which 86.4 Billion dollars is external debt. At 10:57 it reads at the top "Pakistan faces debt payments of about 38 billion dollars for rest of 2022". But then at 10:43 we read at the top that "Pakistan faces $6.4 billion in foreign debt as IMF talks drag on". Don't try to make any sense out of the numbers in this video because it would be a waste of your time. Watching this video may also be a waste of your time considering how f__ked up it is.

  35. slap 415 says:
    3 years ago

    And now flooded

  36. Shubham Pandey says:
    3 years ago

    Bhikmanga Pakistan 🤣🤣🤣🐷🐷

  37. bashir gathoo says:
    3 years ago

    this is CNA insider for CNN

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