The relevant constitutional provision or law in such a scenario outlines the formation of an emergency and interim government that may be in place for up to a year to stabilise the economy and conduct national elections.
As inflation in Pakistan continues to remain high, long queues for food showcase the desperation of citizens of Pakistan as making ends meet under depleting sources of income is becoming quite tricky, Dawn newspaper reported.
According to the reports, Balochistan's only cancer hospital's medical supply has been stopped due to the financial crisis in Pakistan. the medical supply was under the Balochistan Endowment Fund (BEF).
Pakistan is going on the path of 'bankruptcy' and has resumed its five decades-old practice of pleading for funds from other countries and fleecing the world's kindness, writes Sakariya Kareem in Asian Lite.
The country owes almost one-third of its external debt to China, which is facing criticism for its debt trap diplomacy globally. The Pakistan regime has always ignored the people of the country while spending huge amounts of money on acquiring military equipment.
The inability of banks to open LC's despite the State Bank of Pakistan's (SBP) directives about import facilitation, poses a threat to the supply of food, as well as, could escalate price pressures and create a shortage of medications.
Amid the ongoing wheat crisis in Pakistan, the farmer's body, Pakistan Kissan Ittehad (PKI) on Wednesday urged the authorities to impose an agricultural emergency in the country, The Express Tribune reported.
Pakistan Tehreek-e-Insaf (PTI) leader and former federal minister Fawad Chaudhary on Monday lambasted Shehbaz Sharif's ruling coalition for the country's deteriorating economy and announced that PTI would issue White Paper on Pakistan's worsening economy, ARY News reported.