For Pakistan, its problems don’t seem to be anywhere near its end. The economic crisis the country is battling…is showing no signs of improving. Infact, it is worsening with almost each passing day. Just yesterday, Pakistan's currency fell to a record low of ₹ 255 against the US dollar…and now, it has forex reserves just enough for 3 weeks at max. Recently, the central bank increased its benchmark interest rate to 17%...the highest in over 24 years ! And these unending strings of issues are coming when its economy is struggling to cope with mounting debt, global inflation and political instability, and has been pushed to the brink of a collapse. But how did the country reach at such critical stage? Talks have been doing the rounds that it may also go the Sri Lanka way. But how close is it to that situation? Let’s break it down for you in this video. But before that don’t forget to like, share and subscribe to Oneindia.
Pakistan’s economy seems to be on the verge of crashing. The economic issues especially the fuel crisis that the country has been facing appear to be finally taking a toll on common citizens. Although Pakistan had been grappling with such issues since quite long, things seem to be quite apocalyptic for the common citizens this time. The power crisis has worsened to such an extent that orders have been given for early closure of shopping malls, markets. Pakistan barely even has enough stock of oil, gas and electricity to keep its basic infratructures up and running. Just recently, Pakistan cabinet has approved the ‘National Energy Conservation Plan’ to save energy to deal with the power and fuel crisis. But how did the country reach at such critical stage? Is it also going Sri Lanka and Bangladesh’s way when it comes to economic hardships? Let’s break it down for you in this video. But before that don’t forget to like, share and subscribe to Oneindia.
#Pakistanfuelcrisis #Pakistangasshortage #Pakistaneconomiccrisis
New year celebrations are in full flow in many parts of the world where 2023 has already arrived. The Pacific nation of Kiribati was the first to welcome in the new year, followed by New Zealand an hour later - and thousands gathered in Sydney for the Australian city's renowned fireworks display. Watch how people in different parts of the world celebrated the arrival of a new year and bid 2022 a goodbye.
#NewYearCelebrations2023 #NewYear2023 #Welcome2023
Former heptathlete Denise Lewis says she is in "disbelief" after being awarded a damehood in this year's New Year Honours List. The President of Commonwealth Games England, who won heptathlon gold at the 2000 Olympics in Sydney, goes on to say that she "hasn't quite taken it in yet", when describing how she feels upon receiving the honour. Report by Nelsonr. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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Smriti Mandhana scored 51 not out against Sri Lanka in the final of the Women's Asia Cup 2022 and took her team to victory with a six. The Indian opener played... Cricket Country Also reported by •Mid-Day