Posts

Showing posts from February, 2023

PAKISTAN ECONOMIC CRISIS

Image
  INTRODUCTION Pakistan. The word Pakistan means "Land of Pure" the name given by India where P is from Panjab, A is from Afghanistan, K is from Kashmir, I is from Indus, S is from Sindh and TAN is from Baluchistan. But the situation Pakistan is going through now has never been faced before.  There has never been such a famine before.  All shops, markets, shopping malls are closing by 8 o'clock at night.  The people of Pakistan are being asked by the Pakistani government to consume less tea, because they don't have the money to import tea and they don't have the power to enforce the paper cups with which tea is consumed.  In just a few days, Pakistan's currency fell by 40 percent to US$267.89.  Pakistan's forex reserves fell to US$3 billion, equal to Sri Lanka's.  And the surprising thing is that despite Pakistan getting AID, this situation has happened.   ROUTE CAUSE OF PAKISTAN   Pakistan was named by Chowdhury Rahmat Ali .  And he was named after di