Business Standard

Already defaulted, we're a bankrupt nation: Pakistan defence minister

The minister said that most of his time had been spent in the opposition camp and that he has witnessed politics being disgraced for the past 32 years

Pakistan flag

Photo: ANI

Press Trust of India
Defence minister Khawaja Asif has said that Pakistan has already defaulted amid looming fears that the cash-starved country may go bankrupt and blamed the establishment, bureaucracy and politicians for the prevailing economic crisis.
Addressing a ceremony in his home town of Sialkot, he said that standing on its own feet was crucial for Pakistan to stabilise itself.
“You must have heard that Pakistan is going bankrupt or that a default or meltdown is taking place. It (default) has already taken place. We are living in a bankrupt country,” he was quoted as saying by The Express Tribune newspaper.
“The solution to

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Feb 19 2023 | 10:57 PM IST

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