Yet Pakistan’s economic woes are far from over. Meanwhile, American ties with Pakistan have frayed in recent years. Between its debt obligations, military expenditures, and administrative costs, Pakistan’s economic choices remain limited no matter who is in power. This significant refugee outflow is a humanitarian crisis, and it is further straining Pakistan’s ties with the Taliban regime in Afghanistan. More diversified foreign investments in Pakistan in turn will also enable Pakistan to avoid a Chinese debt-trap.

Source: Pakistan Today December 07, 2023 14:30 UTC