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The biggest challenge to the PTI government in Pakistan

The biggest challenge to the PTI government in Pakistan

ISLAMABAD – International journal Bloomberg reveals the biggest challengefacing PTI government in Pakistan.

Bloomberg said that economic crisis are waiting for PakistanTehreek-i-Insaf (PTI) chairman Imran Khan is all set to become 11th PrimeMinister of the country.

Bloomberg has issued a report detailing the challenges faced by Pakistan.

It says that in the current scenario, the country will need $10-15 billionloan from International Monetary Fund (IMF), whose attainment will be adifficult stage as the organization will implement the reforms agenda thatincludes privatization and addition in tax net.

Economic growth may be affected from IMF programme, it added.

Bloomberg report maintains that the rising deficit of the released accountswill be a problem for the government.

The new government has to support the depreciation of the falling foreignexchange reserves, it urged.

In address to the nation Imran Khan talked on plummeting economicindicators and cited concerns over depleting forex reserves and foreigninvestment. He vowed that mass-reforms will be introduced. “We will craftpolicies in collaboration with the business community”, added Khan.