According to analysts, Tehreek-e-Taliban Pakistan's (TTP) urge to control the country's south threatens to be a huge problem for restoring multibillion-dollar infrastructure projects under China's Belt and Road Initiative (BRO), reported Nikkei Asia.
The Peoples Liberation Army's (PLA) senior leadership and Central Military Commission (CMC), do not consider the current crisis of Pakistan affecting the bilateral ties.
Initially, the Pakistani government had budgeted PKR 3.9 trillion to cover markup on loans for the ongoing fiscal year 2022-23. However, revised estimates have revealed that the spending on interest payments rose to PKR 5.52 trillion.
According to the Pakistan Economic Survey, which was published on Thursday, 62.8 per cent of Pakistanis were literate, with 73.4 per cent of men and 51.9 per cent of women.
The minister while unveiling the survey, spoke less about the dismal performance of various sectors of the Pakistani economy and more on the global environment and economic fundamentals the Pakistan Democratic Movement (PDM) government had inherited when it came to power in April last year.
Analysts said Pakistan's southwestern Baluchistan province was likely an essential agenda item. The natural resources-rich but impoverished region is central to a multibillion-dollar Chinese-funded program, the China-Pakistan Economic Corridor (CPEC), VOA reported.
Warnings on Pakistan and Afghanistan have been issued in a report jointly published by the Food and Agriculture Organisation (FAO) and the World Food Programme (WFP).
Ishaq Dar while talking to a delegation of the Karachi Chamber of Commerce & Industry (KCCI) on Saturday, said: "There's no quick fix, and it will take time as we had faced such challenges in 1998 and 2013; but all of those challenges were efficiently tackled in due course of time."
Pakistan's Ministry of Finance has warned of challenges originating from uncertain external and domestic economic environments, including higher inflation and external debt repayments, due to lesser foreign exchange inflows, according to Geo News.
The 0.29 per cent growth rate is the lowest increase in the national output in the past four years exposing the mismanagement of the economy that is highly insufficient to meet the needs of 250 million people.
The survey stated that the perceptions of corruption in Pakistan have reached a record high, living standards have plummeted and left millions of people struggling to meet their basic needs.