Looming economic crises.

Unfortunately, it has become a new normal for the economy of Pakistan to decline with every passing day. Recently, the Governor of SBP unleashed the bitter numerical record of available reserves in the national treasury. It was astonishing to hear that reserves have declined to $6.7 billion, which gestures an alarming situation for the country; as these funds would hardly be enough for the expenditures of 4 to 5 weeks. Contrary to that, SBP is still trying to pacify boiling tensions by making us assure that there is no risk of imminent default. Isn't the point worth noting that if everything is happening as per expectations, why Pakistan massively depends on the loans and deposits of friendly countries? To put it into another accurate manner, at an age when economic instability has caused serious threats to reserves, the Government is seemingly non-serious to face severe challenges of the next fiscal year. Moreover, political rivals are still blaming each other, on the one hand, where the coalition government holds its predecessors accountable for the whole mess...