Pakistan is facing its worst economic crisis in years. Runaway inflation and low foreign exchange reserves are contributing to the misery -- the same factors that led to Sri Lanka's meltdown last year. Though Pakistan's not there yet, it's teetering on the edge, which is causing worry.
Queues like this one are becoming the norm. People wait in line for hours to get subsidised flour, a staple food in Pakistan. Many simply can't afford the usual foodstuffs to feed their families. This is why Pakistan is hoping to unlock more than a Billion dollars in funding from the International Monetary Fund.
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#pakistan #food #imf
Queues like this one are becoming the norm. People wait in line for hours to get subsidised flour, a staple food in Pakistan. Many simply can't afford the usual foodstuffs to feed their families. This is why Pakistan is hoping to unlock more than a Billion dollars in funding from the International Monetary Fund.
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
►Twitch: https://www.twitch.tv/dwnews_hangout
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
#pakistan #food #imf
- Category
- Europe
- Tags
- DW News, Pakistan food crisis, Pakistanis unable to pay for basics
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