International Monetary Fund rejects loan assistance to Pakistan

Islamabad: The International Monetary Fund announced that Pakistan would not get a fresh loan unless it accepts the previously accepted condition of raising fuel and cooking gas prices. After this, the troubled Prime Minister of Pakistan has indicated that his government would take this decision to save the country. Prime Minister Shehbaz Sharif claims to have made a ‘political sacrifice’ by showing a willingness to stake his political future for the country. But in reality, everyone knows that the Government of Pakistan has no choice but to accept the terms of the IMF.

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International Monetary Fund rejects loan assistance to PakistanPower supply has been disrupted in most parts of Pakistan for the past two days. The government of Pakistan is still being heavily criticized for not having a smooth supply of electricity. Some of Pakistan’s unruly journalists even claimed that India’s cyber-attacks were behind the crisis that has befallen their country. But responsible analysts and journalists in this country pointed out that poor quality grids provided by China are responsible for this. Along with this, claims are made that the stock of diesel and petrol is running out in Pakistan. Due to this, it is feared that Pakistan will soon become like Sri Lanka. People complain that such a situation has arisen in some parts of Pakistan, but no one is willing to pay attention to it.

Shortage of electricity and fuel, food grains, and severe inflation continue in Pakistan. People have to fight for a bag of wheat in Pakistan and theft and looting are rampant in the cities of Pakistan. Due to this, the demand for independence in Balochistan, Sindh province, has started gaining momentum. The media openly expresses concern that Pakistan will be divided into four parts in the future. Against this backdrop, Prime Minister Shehbaz Sharif is scrambling for a loan from the IMF and claiming to stake his political career over it. But Pakistan is not likely to benefit much from this political sacrifice of his.

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