Pakistan’s imports exceed exports by almost $19 billion a year. The loan repayments for the next 2 years is $35 bill.
This makes up a $73 bill. the worth of forex, that will be required to avoid bankruptcy. With a forex reserve of $8 bill, it is desperate looking out for a bailout package from IMF.
Pakistan’s Forex Reserves dips to all time low, approach’s IMF for bail out.
