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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: bull_dozer who wrote (196095)	2/13/2023 10:09:44 PM
From: bull_dozer	Read Replies (1) \| Respond to of 217571

Pakistan now a bigger basket case than even Bangladesh The infelicitous phrase “international basket case” might better apply to Pakistan today than when it was applied to Bangladesh in the 1970s — Pakistan’s former eastern half. Bangladesh has surpassed Pakistan economically and in quality of life. There is even talk of Bangladesh graduating to upper middle-income country status. Quite a reversal of fortune as no one talks about Pakistan that way. Pakistani economists lament that Bangladesh overtook Pakistan in just a couple of decades. Pakistan’s remittance earnings are greater than its stagnating export earnings, and both combined can’t pay for its imports. The Pakistani economy is in a precarious state and some are calling for Pakistan to suspend payment on its ever-increasing foreign debt, the largest portion held by China at 30%. asiatimes.com