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Fri, November 22, 2024
Pakistan
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The Fatal Blow: Defence Minister Khawaja Asif Admits That “Pakistan Has Defaulted”

Source: Wikimedia Commons

Earlier today, Pakistan’s Defence Minister, Khawaja Asif, made a shocking that Pakistan has gone bankrupt. The minister made these intense remarks while addressing a ceremony in Sialkot and called Pakistan “an already defaulted” country.

Source: Arab News Pakistan
Source: Arab News Pakistan

“You may have heard many people talking that Pakistan will go default or a meltdown will take place, but I want to say that Pakistan is not defaulting, it has already happened and we have to stand on our feet”, said Asif.

Politicians speaking out on the recent development

Soon after the statement came out, Twitter has been flooded with criticism and negligence of the incumbent government. Opposing leaders Shireen Mazari and Chaudhry Fawad Hussain also took to the micro-blogging site asking for the reason behind the country’s rapid downfall.

PTI’s Chaudhry Fawad Hussain’s take on the statement

Shireen Mazari calling the current condition of Pakistan “a sorry state”

Also read: Fitch Downgrades Pakistan’s Rating, Calls Default Risk A ‘Real Possibility’

Pakistan’s economy has been struggling for several years due to a combination of factors, including corruption, mismanagement, and terrorism. The country has been relying heavily on loans from international financial institutions and other countries to keep its economy afloat.

Source: India Narrative
Source: India Narrative

Well, Pakistan’s admission of going bankrupt is a significant blow to the country’s reputation and future. However, it is not too late for the country to turn things around. With the right policies and the support of its people, Pakistan can overcome its economic challenges and emerge as a strong and prosperous nation.

What do you think of Khawaja Asif’s remarks? Let us know in the comments section below!