Pakistan’s ex-premier Khan warns of economic ‘collapse’ - News Summed Up

Pakistan’s ex-premier Khan warns of economic ‘collapse’


ISLAMABAD (AP) — Pakistan’s former prime minister said Wednesday that the government of premier Shahbaz Sharif is mismanaging the country’s fragile economy. On Wednesday, Khan said he “worries” that Pakistan is teetering near an “economic collapse.” A spokesman for Sharif did not immediately respond to a request for comment. When Khan was in power, Pakistan’s foreign reserves rose to over $18 billion, which dipped to $10 billion recently. Khan’s party won 15 seats out of 20 that were up for in the 371-member provincial assembly in Sunday’s vote. That brings the overall number of seats held by Khan’s party and their allies in the chamber in Punjab to 188.


Source: thestar July 21, 2022 05:02 UTC



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