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Pakistan is in a 'perfect storm' of crises: Foreign Minister Bilawal Bhutto-Zardari

By IBNS
Mar 15, 2023..

Islamabad: Pakistan's Foreign Minister Bilawal Bhutto-Zardari on Wednesday said his nation is currently facing a "perfect storm" of crises as the country is fighting against worsening political, economic and security issues.


Speaking during an interview with The Daily Show, Bilawal was quoted as saying by Geo News: "Unfortunately, Pakistan is facing a perfect storm. Not only do we have heightened partisanship and political polarisation, to the extent that political parties or political stakeholders aren't even in a position to sit in a room and discuss issues amongst themselves, we're also facing an economic crisis."

As the country faces a security threat and crisis following the Afghan government's fall, he said, it is also suffering from the increasing frequency of terrorist attacks and reeling from the aftermath of the biggest climate catastrophe in history.

Responding to a question on how the political instability affects Pakistan's economy, the minister was quoted as saying in the interview by Geo News: "The deal with the International Monetary Fund (IMF) is made by the previous government, [which] violated that deal with the IMF.

"They put Pakistan in an extremely precarious economic situation. [...] Our negotiations are still ongoing and have not been concluded with the IMF. I think that when Pakistan is facing such a perfect storm, some problems of our own creation, but some, like the flood and others, that are of our own, the conversation with the IMF really should take that into account, and I don't think it is at the moment."

He added that whether it is Pakistan's deals with the IMF or the country's own internal economic policy, there's an outsized burden on the poorest of the poor.

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