Pakistan is negotiating with the International Monetary Fund to unlock a $1.1bn bailout.
But the IMF is insisting on reforms.
A deepening economic crisis has left many Pakistanis struggling to put food on the table.
Al Jazeera’s Assed Baig reports from Lahore, Pakistan.
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#News #Pakistan #IMF #Bailout #Pakistani #Lahore #Economy #EconomicCrisis
Pakistan should deescalate their military spending and feed their people. It would also help if Pakistani politicians were not the greediest thieves.
Bitcoin trading right now will be at every wise individuals list . In few months you’ll be ecstatic with the decision you made today
She never gives excuses why your Investment did not work out well not like other do after collecting your money
My first experience with her gave me the assurance that has made me to invest without fear of loosing
When I saw testimonies all over the place I thought it was all made up stories till I saw my next door neighbor sharing her testimony I was convinced
I have not stopped thanking John who introduced me to Mrs Clarissa
Paid comment
Better we face default and in the process get rid of our oppressors and rulling elite who will keep us subjugated but will not let us die. Hard decisions will eventually lead us to prosperity.
Beggar nation
Imf don’t give further loan to Pakistan our leaders put these funds in their pockets and make our country economic situation worst
The unchecked corruption of Pakistan army and ministers have brought this nation to this sort of disgraceful situation. Shame on them.
What about the citizen’s responsibility? Ur leadership is a reflection of your self.
@jagdish kumar bruv are you on drugs or somat????
@jagdish kumar if you’ve got rich entitled people stealing YOUR money, as a poor person like any other, what are you suppose to do??
If things have gone so expensive cuz of this new “government” wtf are you suppose to do as a poor person?????
@BEST_EDITS. waqt karta hai parwarish barson
hadsa aik dum nahin hua Karte….
U guys never held ur Army accountable for their action…U guys never questioned their role in ur nation’s downfall…Ur politicians are puppies in the hands of ur Fouj…Imran Khan will never become PM…Ur future PM whosoever it’s gonna b will also b puppy in the hands of ur Fouj…u r Destined to b Gulaam and u r made to watch Turkish drama to feel good about urself…Why do u need wheat, school, or Hospitals when u have Ertugul Gaazi…Think about Salahuddin Ayubi when u feel like eating fruits…If u fall sick then think about Khilafat e Osmania
It better not go to funding them terrorist organizations.
Thx Al fakira for this international coverage of Napakistan😂😂😂😂
bheekhari as always as a nation
No need they kill hindus
I HAVE ONE SOLUTION FOR PAKISTAN ECONOMY …… ATTACK ON AMERICA…… DEFINITELY AMERICA WIN…. AND PAKISTAN ECONOMY PROBLEMS BECOME AMERICAS PROBLEMS……………….SECOND OPTION TAKE A LOAN from AFGHANISTAN YOUR BROTHER COUNTRY
Izlam is complete nonsense. You need to be completely insane to believe in Izlam
🐷🐖🐷🐖
Rich Saudi Dubai qatar Kuwait should help Pakistan brotherhood.
All This Is Happening Due To The Terrible Wrong Doings Of The Former Booted Out Prime Minister And His Touts Who During Their 3.3. Years Devilish Rule Received Loans After Loans From I.M.F., World Bank, Etc., Which Loans Were Equal To Loans Received By Other So-Called Corrupt Pakistan Governments During 30 Years! Where All The Borrowed Moneys Received During 3.3 Years’ Devilish Rule Have Gone! Surely A Major Part Of That Moneys Has Gone Into The Pockets Of The Former Booted Out Prime Minister And His Touts With The Help Of Which They Are Nowadays Playing Their Devilish Games With Our Country….
Pakistan poopistan 😂😂😂😂
Quoted by doctor israr ahmed Pakistanies are the world’s number 1 nation in hypocrisy 😂
This country is already been default
Imf wanna do f0r public peoples but sold ones do come in middle
Balkanization 😏👍
Many muslim countries implement a radical leftist economic policy, that is why they are always in crisis. If you want economic growth you implement right wing, capitalistic policy and you will have a sound economy. Most of Pakistan leaders are social islamist and economically leftist. This combination does not work. The current PM is center right but i don’t think the people care about what is good for them tomorrow. What you do is remove subsidies, remove all trade barrier, and start paying the debt now. The PM will be the most hated Prime minister but he will be hailed as a hero among the educated.
India and hindu majority government is responsible here
It amazing how Pakistan government always secure new loans.
Strange
Pakistan is the inspiration for all beggars 🤣🤣🤣🤣
KARMA 🌼
This is what happens when a country Uses Terror as an Instrument of State Policy.
Omg Aljazeera is feeling so bad😂😂
AL Jazeera 0:39 talking about the 16th century mugal empire in this 21st century report about IMF bailout of pakistan reveals your subtle message
we will eat grass for 1000 years but make nuclear bombs – pakistan
Grass time till 3023
The whole of Pakistan is a confused, corrupt and criminal lot, Pakistan as a country is for poor Pakistanis the ordinary people the real Pakistanis are the robbers living abroad with dual passports,from politicians to army generals.since the creation of Pakistan it has been living on aid from the west it never thought about taking the country forward only looting by the elite and acquiring dual passports…..the IMF aid goes directly into the pockets of the establishment and the political elite while keeping the ordinary Pakistanis uneducated and poor so that they don’t rise against the establishment and the political elite…….
Pakistan has staged a fake price 😂 IMF can see it.
Next Srilanka is PAKISTAN
Culprits are responsible for these mess.
Once Al Jazeera backs a country, the way it backs Pakistan, the country is inevitably ruined.
If AL Jazeera puts down a country ( like India) it thrives.
Thank you,al Jazeera! ❤❤😊😊
On the day when Pakistanis were struggling to find wheat flour,sugar,vegetables,chicken or cooking gas India launched the LVM3 M3, its largest rocket carrying 36 satellites for Oneweb an Internet provider floated by SUNIL BHARATHI MITTAL , an Indian business man.❤️💖🥰😍👍
Very True.
Nawaz & establishment hijacked country & ruined economic
hindu bahi har pakistan matter main maa chudna ata hain flood kaa pani nai chorna thaa app ki bee gand patay gee
5 sal bad Pani bhi nhi chodenge😂
Kashmir me dams bnake sb Pani india lega
Saudi Arabia jaisa Pani rupees deke lena padega india se
Tukde krdenge Pakistan ke
beggars 😄😄
Don’t give it to this Government of Pakistan 🇵🇰
Crime Minister Shahbaz Sharif will Steal it. Make them Hold Elections first
Pakistan needs a secular government
There is plenty of food. If the people are so starved, why don’t they riot? So this is not an accurate description of what is really going on.
WE SHOULD NOT LEAVE PAKISTAN ALONE.
Why do they keep begging and still want to portray them as atomic power??
dont complain pray to allah and all be good,
Eventually all Islamic countries will collapse in similar way.
The hate ideology will never survive.
zars bhe sharm nahen, 1 billion doller kay lia sasta rehay haain. i.m.f ko.
If Pakistan and India was ONE nation today , that nation would be the MOST powerful nation in the World .
We don’t want these zombies. Just their land because it’s very religiously important
Only Congress terrist supporter will say this 😂
I don’t want this Pakistanis & Bangladeshis
Wins the Perpetual Pacita Winning na ha
Here’s the big picture:
Former US top strategist Zbignew Brzezinski said: “It is IMPERATIVE that no Eurasian challenger emerges capable of dominating Eurasia and thus also challenging America”. Because the US has just 4% of world’s population, and it’s isolated from Eurasia which has 70% of world’s population, or 87% with Africa included. Defensively, it’s a benefit to the US, but economically, it’s a handicap. That’s why, Eurasia is a competitor to the US and the Euro is a threat to the dollar.
How the US with an isolated 4% of world’s population stays a world hegemon? The dollar must stay as the world’s reserve currency. This allows the size of the US economy to be highly scaled up, instead of being limited by the fundamentals.
To be the world’s reserve currency, the dollar must circulate in the world. The US created a huge consumption economy and moved manufacturing outside, so that dollars flow out of the US to manufacturers like China or Japan. To make products, China and Japan need energy. So dollar is then circulated to Saudi mandated by the Petrol-dollar scheme. With the US stock and financial market much more lucrative than others, the dollars from Saudi are attracted back to the US. Money printed in the US to exchange for goods from outside ends up in Wall Street, where the rich gets richer. And that completes the cycle of circulation of the dollar.
If China or Japan brings back all the dollars and exchange to their local currencies, it inflates the local currencies, making their exports expensive. So, China and Japan use some of the dollars to buy US debts (Treasury Securities). That’s why the US, a rich country, is in-debt to China which has just 1/5th of the US’ GDP/cap. By holding US debts, China and Japan have to support the dollar.
Since the US’ debt is in its own currency, it can simply print more dollar to pay interests. Other countries have to earn dollars to pay their debts, failing which results in defaults.
In 2011 Obama announced “Pivot to Asia” to stop China’s rise. In 2013 China responded with the Belt and Road Initiatives (BRI) and diverted some US debts into BRI projects, to avoid keeping all eggs in one basket. The BRI creates new economies, therefore new trade markets for China.
If Asia and Africa develop, the share of the US’ economy shrinks, then Euro could replace dollar as the world’s reserve currency. Then the US would no longer be able to print money freely without a hyperinflation like in Venezuela. And the size of the US economy has to fall back to the fundamentals, which is a lot smaller than the inflated economy. That’s why no country in Eurasia is allowed to catch up with the US’ economy. When Japan was catching up fast on the US in late 80s, it’s knocked down to a 3-decade stagnancy by rising Yen (Plaza Accord). And in the last 30 years, the US created wars and color revolutions in the Middle East, Central Asia and Africa to destabilise Afro-Eurasia, and the World Bank & IMF keep them poor.
As the US prints lots of money, other countries’ dollar reserves shrink. Furthermore, to prevent exports to the US becoming expensive, these countries have to print money too, which devalues the savings of the people and causes inflation. It’s estimated that our savings devalue by 6~9% per year after the abolishment of the gold-backed Bretton Woods system, after which the US prints money based on just the creditability of the dollar.
Free money allows the US to have a big military, and the big military, in return, protects the dollar.
For the record, the US had no mercy on threats to the dollar:
* In 2000 Saddam Hussein said he would sell oil in Euros not Dollars.
>> Saddam was hanged by the US.
* In 2009 Gaddafi wanted to make Libya export oil in pan-African Gold Dinars, not in dollar or Euro.
>> Gaddafi was killed by US & Sarkozy-backed NTC.
* Iran has been trading oil in currencies other than US dollars since 2011.
>> Iran was sanctioned by the US.
* After being sanctioned in 2014, Putin started to trade in non-dollar. By 2019, Putin (1) completely ditched dollars in oil trades, (2) sold almost all US debts, (3) is now the forerunner in de-dollarization.
>> The US tried to topple Putin by supporting Alexei Navalny, sanctioned Russia, demanded the termination of Nord Stream II, and now the Ukraine war to weaken Russia.
* China (1) created the BRI, (2) uses non-dollar in oil trades with Iran & Russia, (3) introduced the CIPS, an alternative to the SWIFT system which is weaponized by the US to sanction others, (4) China’s economy and high-tech are catching up fast.
>> The US started a hybrid war against China: Trade war in 2018. Hong Kong color revolution in 2019. Tech war (Huawei ban, EUV banned from ASML). Got Australia into a trade war with China in 2020. Launched “Uyghur Genocide” & “Forced Labor” propagandas against Xinjiang (XJ), which is the hub of the BRI, to cut off the BRI. Sanctioned goods from XJ to create joblessness and uprising against the gov. After XJ was stabilized by China, the US orchestrated a coup in Jan ‘22 in Kazakhstan, located right next to XJ, to cut off the BRI. In Aug ‘22, Pelosi visited Taiwan to provoke a civil war.
If a country supports the dollar, it is looted by the US; if a country doesn’t support the dollar, the gov is changed by the US. This is financial slavery.
The US can’t have direct wars with Russia and China as they are nuclear armed. Proxy wars put the battlefields outside of the US, and also allow the US to disguise as an outsider. In the 1980s, the US supported the Afghan Mujaheddin in a similar proxy war against the USSR and weakened it.
Russia and China have clear redlines (*Russia: Ukraine a neutral buffer + Ethnic Russian’s safety in Donbas. *China: “One China principle”). The US used its proxies Zelensky and Tsai to push across the redlines to provoke wars, and get its allies to support the wars. As disclosed by Poroshenko in June ‘22, Merkel & Hollande in Dec ‘22, the Minsk agreements in 2014/15 were intended to buy time to arm Ukraine against Russia, not to seek peace. The US occupied Afghanistan for 20 years, but it finally left in Aug ‘21, evidently to prepare for the Ukraine war 6 months later. Shelling in Donbas by Ukrainian forces up 2800% since 16 Feb ‘22 (OSCE data), crossing Putin’s redline 2 (Maidan coup 2014=redline 1). And Pelosi visited Taiwan in Aug ‘22, after which China surrounded Taiwan with battleships.
The US’ strategy against China-Russia has always been “one at a time” to avoid pushing them together. The move to put Russia forward amidst the on-going hybrid war against China, was due to a major development:
The Fed has issued 80% of all US dollars in market in just 24 months. There was $4 trillion in circulation at the beginning of 2020. The number reached $20 trillion by Oct ‘21, amounting to a 31 trillions debt. Coupled with a global movement to diversify into non-dollar reserves fuelled by US sanctions & dollar creditability, the US economy and the dollar are in a crisis.
The US proxy war in Ukraine:
1.Divided Russia from Europe. As the first NATO Sec-Gen, Hastings Ismay described: “To keep America IN, to keep Russia OUT, to keep Germany DOWN”. NATO also allows the US to station missiles in Europe, keeping the US safe across the Atlantic.
2.Halted Nord Stream 2, and German firm Energie Baden-Wuerttemberg signed up gas from America Venture Global LNG for 20 years. >the US wrestled from Russia the control of energy to Europe. As George Friedman of US think tank Chicago Council OGA said in 2015:”The US’ primary fear is the combination of German technologies and Russian resources” and he predicted a war in Europe within a decade. And Condoleezza Rice said in 2014:”You (Europe) want to depend more on the North American energy platform, the enormous bounty of oil and gas we’re finding in America, not on pipelines through Ukraine or Russia.”
3.Helps moving industries back to the US soil by de-industrializing Europe, as indicated by: (i) The US’ sabotage of N.S. pipelines and US gas sold 4x the price, (ii) The US’ proposed sanction on Algeria after Macron visited Algeria for a gas deal in Aug ‘22, (iii) The foiled sabotage on TurkStream pipeline which feeds Russian gas to Europe via Turkey in Oct ‘22, (iv) The US’ Inflation Reduction Act in Aug ‘22 which pulls capitals from Europe.
Note: The US already bagged TSMC of Taiwan.
4.Strengthened the dollar by weakening Euro. A strong dollar and the Fed’s timely interest rise, created a giant magnet attracting capitals from all over the world into the US. Only twice in history dollar is above Euro, both after a war in Europe: NATO’s bombing of Serbia (2 months after Euro became the currency of EU) and Ukraine.
5.Created continuity for the Military Industrial Complex after Afghanistan.
Despite self-damaging, the EU still gives unconditional support to Ukraine. In fact, two European countries (Ukraine and Germany’s N.S.) were attacked in 2022, NATO helped Non-Ally Ukraine, but Ally Germany was ignored. There are 4 other wars going on, for e.g. the Yemen war which killed half mil ppl and starving 16 mil. No one cares, because Saudi is an ally, and the war was lobbied by Raytheon. It’s NEVER about justice. Boris Johnson visited Kiev 3 times, to prevent Zelensky a peace talk w Russia. Leaders in Europe, the Transatlantics (US-aligned elites), are pinning hopes on Ukraine defeating Russia to say job done to Washington. Zelensky is advertised a hero to get public support.
The US is pushing Europe and Asia into wars. Remember after WW2, Europe and Asia were devastated, but the US emerged from the Great Depression, became the world leader and the dollar became the world’s reserve currency.
We will eat grass go bankrupt we will make the bomb now eat nuke 😂
All other countries have either president or prime minster as their country head, Pakistan have CBO- Chief Begging Officer! 😂😂😂
Eat bread first! Then think of kashmir😅😂
Economy crisis specialy for students if they pay in dollar ,pounds and euro for the higher education for othr countries our currency decreases wrost.
Western Countries don’t have to that🤫
Jaljeera scared to show the reality of the economic crisis..the Chinese slavery
Khalistan is truly in Pakistan:
👇
Maharaja Saheb Ranjit Singh Ji ka Lahore is capital & Kartarpur Sahib😅Nankana Sahib😊Chashma Sahib❤Choha Baba Guru Nanak Sahib🎉Panja Sahib💝Hangu, Kohat, Dera Ismail Khan & Lahore r Truly in Khalistan 💪🇮🇳👊
I can see so many Indians ignorants commenting reminds me of kettle calling the pot black. We r just innocent Pakistani civilians being fooled n played by corrupt politicians and others they r just disgrace for us for our beautiful Islam and our country. People in Pakistan r peace loving simple people misguided by media,agencies and their games of agendas.
Usa India don’t want imran Khan 😡 Bajwa will become next PM
Reason of powerty of Islamic Republic of Pakistani Army Generals, Politicians, Officials, Diplomats, Think-tank are
👇
Chor,Thief
Makkar, Not to do any work
Lier
Crook
Corrupt
Coward
Cheater
Thief
Stupid
Radical
Fanatic
Dhokhebaz
Dogle
Double Tongue
Double Abba
Double game
Double speak
Double Talk
Double acting
Untrustworthy
Lier
Arrogant
Dog’s tail
Generals,Politicians loot taxpayer’s money and buys properties Island Pizza Empire in London Dubai Europe USA Australia Canada.
General Kiyani buys Island in Australia.
General Musharraf buys properties in London Dubai
General Qamar Bajwa looted 12 billion dollar in 6 years.
General Asim Bajwa buys Papa John’s Pizza Empire in USA Europe & Arab world.
So many Generals Politicians Diplomats Think-tank officials are Thief.
😡🇵🇰😤
Pakistani hi👉Chor Makkar Lier Crook Corrupt Coward Cheater Thief Stupid Radical Fanatic Dhokhebaz Dogle Double Tongue Double game Double speak Untrustworthy Lier Arrogant Kuttay ki Dum Nahedi Jihadi
Biggest Terr or country is Pakistan
👇
Osama Bin Laden Al Zawahiri Hafiz Saeed Masood Azhar Salauddin Sajid Mir Burhan wani Abdul Rahman Makki Ashiq Ahmed Nengroo Mushtaq Ahmed Zargar Ali Kashif Jan Aurangzeb Alamgir Hafiz Talha Saeed Zaki-ur-Rehman Lakhvi Wadhawa Singh Babbar Lakhbir Singh Ranjeet Singh Paramjit Singh Bhupinder Singh Bhinda Gurmeet Singh Bagga Gurpatwant Singh Pannun Hardeep Singh Nijjar Paramjit Singh Yusuf Muzammil Shahid Mehmood Abdul Rauf Asghar Farhatullah Ghori Ibrahim Athar Yusuf Azhar Shahid Latif Ghulam Nabi Khan Zaffar Hussain Bhat Riyaz lsmail Shahbandr Mohammad lqbal Shaikh Shakeel Mohammad Anis Shaikh Ibrahim Memon Javed Chikna Hafiz Talha Saeed Dr Afiya Siddiqui Khalid Sheikh Mohammad Lashkar e Toeba Hizbul Muzahideen ISKP Jaish e Mohammad Al Qaeda
Every time IMF bailed Pak (21time) so that they can harbour Terrorism.
🥣🥣🥣 National symbol of Riyaste pudina 🍌 BANANA REPUBLIC OF PAKISTAN
imf is corrupt
khuddar quam 🤲 🤣
Why Qatar not helping there muslin chummah biradar
Allah’s riyasat-e-Pudina 🤲
Pakistanis r struggling for nothing in this world. They must die immediately and start living in Jannat as soon as possible. They r wasting time here.
Inka 1.1 billion , Chameli ki shaadi jaisa ho gaya. Hahahah
How long would that last..??? & hope it’s used up. In the right path.. & not to make a couple of more ..nukes ☠️
Nu
Are they even human, if our inflation exceeds 5% protests breaks out! Living like animals, while elites fight for power!!
Truth: All the money will go to the Pakistani govt & agent pockets and to fund terror in/out of Pakistan.
Justuce for aisha
KASHMIR politics destroyed whole Pakistan country.
KASHMIR politics destroying the Pakistan.
This was the nation claiming to be world leader of Ummah😂 and protector of Islam haha If we throw a piece of Butter Naan across the border there may be a civil war in P.0®kistan 😅😅
Fail state Pakistan
Make peace with India and focus on exports, things will get better
Welcome to Bhikaristan 😂😂😂
All due to Lumber ones
Bail out ??? Pakistan can repay ever ???
IMF should not be involved in TERROR FUNDING.
Ab kis ko mujahideen bhej rhai hai ye
It’s very important that Pakistan beccomes the world most powerful and richest nation soon. It’s the only country that exists and lives solely for Islam. It’s already been more than 75 years and people are beginning to doubt Islam.
Isn’t Pakistan part of Chinese Communist Party Belt & Road debt-trap, what could possibly go wong ???
There are so many countries in Sri Lanka in Africa which needs help from IMF and IMF giving it to Pakistan again. Img should consider helping other countries also.
Foreign loans are killing Pakistan. They did not realize that they will need to pay back the loans. Pakistan 🇵🇰 needs to renegotiate foreign loans with China and other lenders and reduce luxury item imports so save dollars
Brainwashed Pakistani – “Pak army is no 1 in the world,ISI is no 1 spy agency, Hum me Zazbaa hai,CPEC is a gamechanger, Sab mossad,raw,fsb,mi 2,cia,fbi ki saazish hai Pakistan ke against”.
Thats a true brainwashed,jaahil Pakistani who just knows to say these things whenever confronted 😂😂😂.
Blood Feuds among the ruling elites, still common with the mughal times
Pakistan begging Everiver
They were supposed to eat grass. Why are not they eating it.
1 billion gona move to uk by pakistani establishment 😂
because whatever funds you get you spend oit on Military. its proven. look at your military personal business empries. according to BBC news study pakistan use only 30% of their loan on people and for the sake of country. there is still time forget about this war with india and kashmir. whatever you got of kashmir keep it and let other for india and stop spending money on theae wars. Pakistani People have to come road to through out the Army regime ans create a pure democracy. if not then whats point of Education In your Nation.
Pakistan in 1947: We want a separate country. We will emerge as an economic and military power!😎💪
Pakistan now: Should have stayed back with India!😭😭
No benefit for people..all money will goes to London
How is such a crisis even possible in the great lands of Pakistan? Pakistan ranks higher than India in the world hunger index..
Pakistan is highly developed. Did not expect this.
Get back sanatana dharma, stay away from evil and corruption. Stop killing others…. Let pakistan balkanise first and then keep china out.
Imran Khan zanda bad he is best leader
Rip Pakistan… Never make a deal with the IMF neveeeeeer!
Negotiating and Begging are two separate things 😅
No international sanctions
No war
No natural disasters
Pathetic government
Wealth that corrupted generals have acquired illegally can easily bail out pakistan from debt.
ALLAH KA AZAB FOR KILLING MINORITIES
After independence, the leaders paid excessive attention to religion, spewed venom and hatred towards India. This is one of the main reason for their economic downfall. For years they had a smooth ride piggy bank on the shoulders of the Indian economy by printing counterfeit Indian rupee. Now there’s no more free lunch. Time for sincere introspection and change of direction
Jinnah is saviour of India .
Ghas khayenge maa chudayenge tatti khayenge pr atomic bomb jarur banayenge …
Heard Pakistan planning to increase Pension amount for former Terrorists with this funds 😂😂😂.
Why work!!! When you can beg?.. National Motto of Pakistan
😂😂😂😂😂😂😂😂ohhhh so sad 😂😂😂😂