Oliver
7th October 2008, 05:07 PM
Pakistan's foreign exchange reserves are so low that the country can only afford one month of imports and faces possible bankruptcy.
Mr Zardari told the Wall Street Journal that Pakistan needed a bail out worth $100 billion from the international community.
"If I can't pay my own oil bill, how am I going to increase my police?" he asked. "The oil companies are asking me to pay $135 [per barrel] of oil and at the same time they want me to keep the world peaceful and Pakistan peaceful."
Source: http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3147266/Pakistan-facing-bankruptcy.html
In other Words, Pakistan is suspending it's War on Terror campaign
to safe it's economy. Maybe they should start thinking about selling
some of their 300 nukes to Iran now.
Mr Zardari told the Wall Street Journal that Pakistan needed a bail out worth $100 billion from the international community.
"If I can't pay my own oil bill, how am I going to increase my police?" he asked. "The oil companies are asking me to pay $135 [per barrel] of oil and at the same time they want me to keep the world peaceful and Pakistan peaceful."
Source: http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3147266/Pakistan-facing-bankruptcy.html
In other Words, Pakistan is suspending it's War on Terror campaign
to safe it's economy. Maybe they should start thinking about selling
some of their 300 nukes to Iran now.