In three decades, Nawaz Sharif managed the economy in the best way, his popularity also increased in the last 6 months
In three decades, Nawaz Sharif managed the economy in the best way, his popularity also increased in the last 6 months
Imran Khan is a popular politician but is in jail, Nawaz Sharif appears for power on February 8, Bloomberg released an economic analysis report on Pakistan.
Global financial news organization Bloomberg released an economic analysis report on Pakistan. In the report published by Bloomberg, former Prime Minister Nawaz Sharif was praised and it was said that Nawaz Sharif showed better economic performance compared to other political opponents. Nawaz Sharif's popularity also increased in the last six months.
In Bloomberg's economic analysis report, it was stated that Nawaz Sharif showed the best economic performance compared to his political opponents. Economic performance of political governments from 1990 till now was evaluated. Nawaz Sharif showed better performance than PTI and PPP in economic difficulties.
The report said that PTI founder Imran Khan is still a popular politician but is in jail. In the recent survey, founder PTI is at 57 percent and Nawaz Sharif at 52 percent. Nawaz Sharif's popularity increased by 36% in the last six months. Nawaz Sharif appears for power on February 8. Inflation in Pakistan is close to 30%, last year foreign exchange reserves were in very bad condition.
Bloomberg said that Pakistan is depending on the IMF bailout package, the incoming government may have to adopt unpopular policies among the people. The incoming government may have to end subsidies and increase taxes. In the current fiscal year, the IMF expects Pakistan's economic growth to be two percent.
Meanwhile, the IMF pointed out the high external financing risks facing Pakistan. warned that Pakistan needs external financing of 71 billion dollars in the next 3 years, in case of shortfall or slowdown in external funding, the government will have to rely on expensive local loans.
According to the details, the International Monetary Fund has pointed out the high external financing risks facing Pakistan in its report and said that the Pakistani government has assured the IMF of the external financing arrangements.
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