Pakistan braces for more economic hardship as IMF loan conditions bite
Jun 10, 2025 #PakistanEconomy #AlJazeeraEnglish #IMF
Pakistan's government is set to present its annual budget amidst ongoing economic challeng
Jun 10, 2025 #PakistanEconomy #AlJazeeraEnglish #IMF
Pakistan's government is set to present its annual budget amidst ongoing economic challenges and public discontent. The cash-strapped nation, which has relied on International Monetary Fund bailouts since 1958, is grappling with high inflation, rising unemployment and widespread poverty. Despite the government's claims of economic recovery, many Pakistanis are struggling to make ends meet, with soaring prices for essentials like food, gas and electricity. The IMF's push for digitalisation of transactions is causing concern among low-income workers and those in rural areas, who fear it may further complicate their financial situations.
Al Jazeera's Kamal Hyder reports from Islamabad, Pakistan.
34 
