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Pakistan found itself in a state of extremely high insecurity as tensions mounted with India and Afghanistan's infighting continued. Pakistan's alliance with the U.S. was strained due to factors such as its support for the Taliban and public distancing of the Pakistani government from the U.S.
Pakistan has experienced an economic crisis as part of the 2022 political unrest. It has caused severe economic challenges for months due to which food, gas and oil prices have risen. As of 1 February 2025 Pakistan inflation rate recorded 2.4% lowest in 9 years. The Russian invasion of Ukraine has caused fuel prices to rise worldwide. Excessive ...
During that period economy of Pakistan remained in poor shape and Pakistan had to go to IMF again for record third in the period of Bhutto government. [3] As per few sources, this was the most corrupt government in the history of Pakistan. This time Pakistan got an amount of US$294,690 (equivalent to $589,251 in 2023) on 13 December 1995. [3]
The funds are the final tranche of a $3 billion last-gasp rescue package Pakistan had secured last summer, which averted a sovereign debt default. Islamabad is also seeking another long-term bailout.
When measured in 2009 Pakistan was amongst the countries with the strongest such antipathy. [2] According to Anatol Lieven, anti-American sentiment in Pakistan is characterised more by political hostilities rather than racial or religious undertones. [3] Reasons for unpopularity have included cultural issues and US foreign policy actions.
A nation that has been deluged with head-spinning news day after day is now confronting a possible debt crisis and Americans seem ready to sit this one out.
Pakistan's largest food crop is wheat. In 2017, Pakistan produced 26,674,000 tonnes of wheat, almost equal to all of Africa (27.1 million tonnes) and more than all of South America (25.9 million tonnes), according to the FAOSTAT. [70] In the market year of 2018/19, Pakistan exported a record 4.5 million tonnes of rice. [71]
About 1.3 million Afghans are expected to return to their country of origin from Pakistan, the U.N. health agency warned, weeks after authorities began expelling foreigners living in the country ...