KARACHI: By courtesy of the present Government of the country, on one hand the rupee dropped by
Rs22.50 against dollar while on the other the already frail economy of Pakistan has been further burdened
by an additional international debt of 12 billion dollars, Geo News reported.
According to economic experts, the weak economy of the country is facing increasing burden of foreign
debt which has soared to 58 billion dollars from 46 billion.
The present regime that came to power with the slogan of “Roti, Kapra aur Makan” (food, clothing and
shelter) has, to the total disappointment of the people, only put them under increased burden of foreign debt.
Now the average debt per Pakistani stands at Rs29,000 which was only Rs6,000 before the present
government’s take over three years ago.
Low level of revenue collection, losses in state owned enterprises and worst law and order situation are sited
by experts as the main reasons behind the increasing foreign debt.
