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PAKISTAN in Deep Trouble
26 days ago
29
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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