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Pakistonomy - Episode 147 - Does Pakistan need to restructure its debt

Pakistonomy

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The Importance of Restructuring in Pakistan

Pakistan is a country that has a fiscal deficit and will have a fiscal deficit for the foreseeable future. So, it doesn't really solve your problem and it reduces your credibility. This is not the time to go for restructuring. This is the time to say, TKD, we take responsibility for the situation we're in. We are going to start enacting this reform agenda. And then as soon as the crisis eases, I don't know if you're going to have a crisis or a crisis."

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