Pakistan's economy is disintegrating and there could be no strong confirmation than the bit of news we are going to give you. Pakistan Prime Minister Imran Khan's office has been issued a notice by the Islamabad Electric Supply Company over non installment of power bills… for as far back as a while.
According to reports, Imran Khan's secretariat incorporates an unfinished bill of PKR forty-one large integer (Pakistani rupees) that they owe the Islamabad electrical offer Company.
The Secretariat has purportedly gotten a few updates sees yet at the same time neglected to clear the contribution. IANS cites an IESCO source as saying, "This is an intermittent issue with the Secretariat. We will remove the power supply if the contribution is not paid."
As per reports from over the world, Pakistan's economy is spiraling down. Since Imran Khan took the choice of cutting all exchange ties with India, after the revocation of article 370 in Kashmir, things appear to just decline.
Even though India itself is experiencing a monetary crunch, the circumstance doesn't appear to be so terrible as the one Pakistan is confronting.
The financial shortage is a contrast among incomes and uses of the central government. The shortfall expanded to 8.9 percent of Pakistan's GDP in the year that finished in June. The financial shortage was 6.6 percent a year ago, detailed Dawn.
In June 2019, the administration had declared that it plans to keep the deficiency at 7.1 percent of GDP, while the objective toward the beginning of the year was 4.9 percent.
The shortfall sums Pakistani rupee Rs 3.445 trillion, most elevated since 1979-80 according to the past Pakistan Economic Surveys. The figure which portrays the critical circumstance of Pakistan's economy harmonized with the one-year consummation of Imran Khan-drove Pakistan Tehreek-e-Insaf government.
Anyway, might be then Pakistan's Prime Minister should concentrate on the issues of his nation than the respective issues with India?