Imran Khan Says Pakistan Will Struggle to Break Out of Cycle of Debt Repayments: Report

Imran Khan Says Pakistan Will Struggle to Break Out of Cycle of Debt Repayments: Report


Last Updated: April 13, 2023, 3:27 PM IST

Tehreek-e-Insaf (PTI) chief Imran Khan granted protective bail in seven cases pertaining to clashes outside Islamabad FJC on March 18 (Image: Reuters)

Imran Khan told the publication that the government needed to break out of borrowing cycles that have held back developing economies

Pakistan will struggle to break out of a cycle of ongoing debt repayments without reform, former Pakistan Prime Minister Imran Khan told the Financial Times in an interview.

Khan told the publication that the government needed to break out of borrowing cycles that have held back developing economies. He, however, ruled out a default if his party returned to power, saying it would prioritise domestic reforms over seeking debt relief.

”Whatever we do, when we look ahead, the debt is growing, our economy is slowly shrinking. From my party’s point of view, we’ve started thinking that we’re stuck,” the report quoted him as saying.

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(This story has not been edited by News18 staff and is published from a syndicated news agency feed)



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