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Posts tagged as “edge”

The impending financial crisis

by Malik Muhammad Ashraf in The Nation, Dec 16, 2022To say that Pakistan’s economy is in the doldrums would be an understatement. It is perilously perched on the edge of a precipice. However, the fears being expressed by some quarters that the government might soon face a situation of default on its loan obligations is an exaggerated assessment. This is corroborated by the fact that the government instead of refusing to pay has already arranged…