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India-Pakistan War: Pakistan has become so heavy to take revenge from a country like India that now within a few days, the wind of Pakistan’s economy has appeared. To stop India, where Pakistan kneels in front of America on one side, on the other side, economy itself was shaken.
India-Pakistan War: In retaliation for the terrorist attack in Pahalgam, Kashmir, ‘Operation Sindoor’, launched by India, has given a deep blow to Pakistan not only military but also on the economic front. The huge decline of the Karachi Stock Exchange, loss of billions in investors’ assets, and internationally infamous Pakistan’s image- all of these weakened an unstable economy. While Pakistan was expecting relief from the IMF, Operation Sindoor has caused more financial loss than that expectation.
The decline of Karachi Stock Exchange surprised everyone
As soon as India’s retaliation started operations vermilion, Pakistan’s stock market continued to crisis for three consecutive days. In just two days, the Karachi Stock Exchange saw a decline of more than 10,000 points. Due to this decline, trading had to be stopped in the market. In view of the increasing tension between India Pakistan, the trust of the investors was shaken and property worth about 80 thousand crores was lost. This situation deepens Pakistan’s delicate financial condition. And if this situation prevails, then Bhot must have become a pauper soon.
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There was a loss of more than the borrowed
Recently, Pakistan has received approval for a bailout package of about $ 2.1 billion from the IMF, but due to operation vermilion, the stock market lost $ 2.85 billion in only three days. This figure is more than the help of IMF, which makes it clear that Pakistan’s financial damage cannot be resolved even by temporary relief schemes. This reveals the fragility of Pakistan’s economy.
Pakistan suffered losses in every region
India’s attacks have affected not only the economic sector, but also the political and diplomatic situation of Pakistan. Pakistan has spent huge spending on keeping the army on high alert, deployment of weapons and preparations for military operations in the border areas. Apart from this, the attacks on terrorist bases also damaged civil properties, which has put additional burden on compensation and repair. The cut in business relations with India has also caused major damage to Pakistani exporters.
Also read: If could not fight, Pakistan reached to beg for life from America! This custom is not of years ago
