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PAKISTAN in Deep Trouble
2 months ago
34
Pakistan is facing one of its toughest moments in recent history. Catastrophic floods have submerged millions of acres of farmland, slashing crop yields by up to 25%. With the country normally producing 70% of its food, the shortfall means nearly half of all food may now need to be imported — adding an extra $4.7 billion burden on the economy. At the same time, external debt has surged past $130 billion, while poverty rates continue to climb. With climate change, poor infrastructure, and economic fragility all colliding, is Pakistan heading for a deeper crisis?
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