Tag: Pakistan Economy

Pakistan reels under China debt, may have to stop railway operations
World

Pakistan reels under China debt, may have to stop railway operations

Reeling below Chinese debt and rocked via way of means of an risky regulation and order situation, Pakistan is at the verge of bankruptcy. Most authorities departments in Pakistan are dealing with a excessive coins weigh down and the situation of Pakistan Railways isn't anyt any different. Pakistan Railways is presently in a number of hassle because it has handiest 3 days of gas reserves left. One of the senior officers of Pakistan Railways asked Railway Minister Khawaja Saad Rafiq that squeezing the oil reserves for educate operations definitely suggests that the economic situation of the organization is virtually very bad. A few days ago, the oil inventory became left for handiest one day, the authentic stated, forcing Pakistan Railways to restriction its freight operations. “A few days ...