Can Imran Khan Save Pakistan from Crippling Debt Crisis?
Good question.
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Imran Khan, Pakistan's opposition leader, acknowledges that the country's growing debt and shrinking economy pose significant challenges. With foreign reserves dwindling and default risks increasing, Khan calls for domestic reforms to break the borrowing cycle, rather than seeking more loans or debt relief. He emphasizes the need for increased dollar earnings through exports to service debts and proposes restructuring loss-making state-owned enterprises and broadening the tax base. However, analysts question whether Khan's party, Pakistan Tehreek-e-Insaf (PTI), would have the political strength to overhaul the struggling economy. Join the Benjamin Z Miller Investor Networking Group for more insights into global debt issues.
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