Pakistan's Economic Challenges

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What was the increase in gross public debt of Pakistan by the end of June 2018?

$25.2 billion

What was the reason for more than half of the increase in gross public debt being attributed to public external debt?

Depreciation of the Pakistani rupee against the U.S. dollar

What was the increase in public external debt in 2018 solely due to the depreciation of the Pakistani rupee?

USD $7.9 billion

What was the inflation rate in Pakistan by the time of the text, which was a record high over the last five years?

9.4 percent

What was the tax revenue of Pakistan as a percentage of its GDP in 2018?

13 percent

What are some of Pakistan's economic woes mentioned in the text?

Dwindling foreign exchange reserves, low exports, high inflation, growing fiscal deficit, and current account deficit

What was the fiscal deficit of Pakistan for the half-year during the current fiscal year, which was the highest since 2010-11?

2.7 percent of GDP

How many loans has Pakistan taken from the IMF so far?

22nd loan

What percentage of Pakistan's government expenditure is allocated for debt servicing?

30.7 percent

What is the current account deficit of Pakistan in 2018?

$18.2 billion

What has been a major driver of Pakistan's rising current account deficit?

Expanding trade deficit

Why does the text mention that Pakistan must focus on resolving its economic woes?

To avoid bankruptcy

Explore the economic challenges faced by Pakistan including dwindling foreign exchange reserves, low exports, high inflation, growing fiscal deficit, and current account deficit. Learn about Pakistan's repeated reliance on the International Monetary Fund (IMF) for financial assistance.

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