The recent struggle between India and Pakistan now seems to be moving towards a complete war. Pakistan, who carried out the terrorist attack in Pahalgam, is now being badly defeated by India. On Saturday, Pakistan launched airstrikes on Noor Khan Airbase near Rawalpindi, Murid Airbase in Chakwal and Rafiki Airbase in Jhang district. The Pakistani military spokesperson said that India had targeted three of its air bases with missiles. According to sources, the Indian Air Force targeted important Pakistani airbase including Rawalpindi in response to Pakistan’s unsuccessful drone attack late Friday night. Facing defeat against India, Pakistan has now announced to launch Operation Banyan-ul-Marsus against India. Meanwhile, there are reports that Pakistan launched the Fateh-1 missile, which India killed in the sky itself.
Omar Abdullah on Pakistan: Umar Abdullah expresses strong resentment over IMF’s decision to issue loans to Pakistan
This struggle with India will be very expensive for Pakistan. Experts believe that nothing can be worse for Pakistan. Especially when its economy is completely dependent on donations received from outside. Pakistan had been seeking loans from the International Monetary Fund for some time, which was approved a day earlier. But the clouds of the war have complicated the situation for Pakistan.
Pakistan is struggling with foreign exchange crisis and inflation is continuously increasing. According to the Asian Development Bank (ADB), Pakistan is estimated to have a growth rate of 2.5% in 2024 and 3% in 2025. ADB hoped that improvement measures, economic stability and stable foreign exchange markets would promote investment in private sector this year, but now this mathematics has proved wrong.
The Pakistani rupee is falling and the stock market has also declined drastically. In such a situation, new investors will not turn to Pakistan amid fear of struggle. Increased conflict can also affect financial management efforts, which may lead to Pakistan towards economic instability.
