What If Pakistan default
" What if Pakistan Defaults? " is a topic of concern given the country's current financial situation. A default occurs when a country is unable to repay its debt obligations and this can have far-reaching consequences for both the domestic and global economies. In this blog post, we'll explore the potential consequences of a default by Pakistan and what can be done to prevent it. Impact on the Economy A default by Pakistan would result in a significant loss of investor confidence, which could lead to a decrease in investment, a rise in interest rates, and a devaluation of the currency. This would harm the country's economic growth, making it harder for the government to finance future development projects. Additionally, a default could result in decreased foreign aid and trade, which would further harm the country's economy. This would be a major blow to the country, especially considering the current economic challenges it faces. Impact on Relationships wit...