Default threat reaches Pak as inflation rises, political crisis worsens

Without a bailout from the International Monetary Fund, Pakistan may default for the second time in its history amidst inflation at its peak.

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4 min read Last Updated : May 25 2022 | 10:34 AM IST

Soaring inflation. Squabbles over fuel prices. A fractious political environment. For months, Pakistan has struggled to keep its economy afloat, raising the prospect that one of the world’s most populous

Topics : Inflation Pakistan International Monetary Fund sri lanka

First Published: May 25 2022 | 10:26 AM IST

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Default threat reaches Pak as inflation rises, political crisis worsens

Without a bailout from the International Monetary Fund, Pakistan may default for the second time in its history amidst inflation at its peak.

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