Pakistan close to bankruptcy Component #7079

Pakistan's foreign exchange reserves are so low it can only afford one month of imports and faces bankruptcy—and the scope of the international community to assist Pakistan is constrained by the global financial crisis.
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Map HomeThe Global Financial Crisis
IssuePotential consequences of the financial crisis?
PositionGeo-political instability
ComponentPakistan close to bankruptcy
ComponentCredit rating close to default
ComponentInflation in Pakistan at 25%
ComponentPakistan / Afghanistan border is a tinderbox
ComponentPakistan is a nuclear power
ComponentPakistan struggling to raise loans on favourable terms
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Entered by:- David Price
Entry date (GMT): 10/8/2008 7:15:00 PM
Last edit date (GMT): 10/13/2008 12:27:00 PM
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