Pakistan is going through a serious financial crisis and if it does not get a loan of $ 12 billion within six weeks, it will be difficult to handle the country. This is not something else, but in the case of Imran, the finance minister's claimant Asad Umar has said. He said that the previous government has left the country in a serious economic crisis.

Asad Umar, former head of Pakistani company Anglo Corporation, said there was a serious financial crisis of 10 to 12 billion dollars in the country. Asad Umar said in a conversation with the news agency Bloomberg that not only that, since the country is absolutely 'standing on the verge', the new government will also need some additional amount to handle it.

Omar said, "Pakistan will have to make several decisions within the next six weeks. The longer it is, the difficulty will increase. He said that Pakistan will talk to the IMF, friendly countries for help. In addition, Diaspora bonds will also be issued."

Significantly, Imran Khan is preparing to become Pakistan's Prime Minister, but the downtrodden economy is the biggest challenge for him. Many investors and experts think that if China and the IMF do not provide a relief package then it will be difficult to handle Pakistan.

It is noteworthy that since the 1980s, the IMF has helped Pakistan 12 times through economic programs. Last time, the IMF had given a relief package of about $ 6.6 billion, and China has given almost the same debt.

Asad also promised to the public that after the formation of Imran Khan's government, all the agreements from China to Pakistan will be made public. In fact, there has been much criticism of the previous government regarding the terms of loans to Pakistan.

Also Read:
The death toll raises to 82 in Indonesia earthquake

World Championship final: PV Sindhu loses to Carolina Marin, settles for silver medal

India hands over extradition request to Antiguan authorities against Mehul Choksi