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Imran Khan and his supporters have launched an unprecedented challenge to Pakistan's military, which has held sway over the country since independence in 1947. It has been in power for three of those decades and has wielded extraordinary influence even with a civilian government in office
Pakistan needs to repay a whopping USD 77.5 billion in external debt from April 2023 to June 2026 and the cash-strapped country may face “disruptive effects” if it ultimately defaults, a prominent US think tank has warned. Pakistan is facing the risk of a default due to its massive external debt obligations. Pakistan, currently tackling a major economic crisis, is grappling with high external debt, a weak local currency and dwindling foreign exchange reserves.