Islamabad/Ground Bureau — Facing a severe economic crisis, bankrupt Pakistan has secured a new loan deal worth 1.21 billion dollars from the International Monetary Fund. The country's foreign reserves have depleted significantly, forcing the government to accept strict IMF conditions. Heavy taxes and soaring inflation have already made life difficult for ordinary citizens.
On the diplomatic front, Pakistan suffered a major shock at the United Nations as the UN chief supported India's stance on UNSC reforms. Meanwhile, the internal security situation is worsening as Balochistan slips out of government control. The Pakistani military is facing an acute shortage of active soldiers and has ordered retired personnel back to the frontlines to contain the escalating crisis.
