In the economic-political crisis, the balance sheet of Pakistan, UAE and Saudi may worsen, know why both countries are in tension

In poverty-stricken Pakistan, the situation has become worse after the fight between Imran Khan and the army. In such a situation, the concerns of other Gulf countries along with Saudi Arabia and UAE have increased.

There is an economic and political uproar in Pakistan these days, due to which this country is on the verge of default . The whole world is well aware of this condition of Pakistan. At the same time, Pakistan is also not ready to bow down to the conditions of the IMF . In such a situation, the situation of this country seems to be getting worse in the coming times. Two countries of the world are worried a lot due to this deteriorating condition of the neighboring country. These two countries are Saudi Arabia and the United Arab Emirates (UAE).

The concern of these two countries is also justified because when it comes to relations with Pakistan, these countries have invested a lot in Pakistan. Just as China and Japan are in a position to invest in American government bonds, in the same way both these countries can suffer huge losses due to the condition of Pakistan. Many types of situations are being created at the international level, in which Pakistan is not visible anywhere in the condition of revival.

Talking about the economic situation, Pakistan does not have any funds at all to repay foreign loans. Foreign exchange reserves are only $ 4 billion left with the neighboring country. Meanwhile, speculations were also being made that China, UAE, Saudi Arabia would help Pakistan. Although all these countries have not been able to collect any kind of big fund even after getting together.

Pakistan is the market of 22 crore people

Pakistan is actually a huge market for Saudi Arabia and UAE, both of these countries have business relations with Pakistan. Pakistan gets foreign exchange from both these countries and there is a good market for both these countries. The total population of Pakistan is 22 crores. Saudi Arabia and UAE have been taking advantage of which directly. Let us tell you that in 2023, there is a possibility of more than $ 10.6 billion trade between UAE and Pakistan. Whereas in 2022 the trade between Saudi Arabia and Pakistan was $4.6 billion. In such a situation, the economic recession of Pakistan can lead to a huge loss for these countries.

The number of rich people of Pakistan is increasing in Dubai.

Due to the economic recession in Pakistan, the number of rich people of Pakistan in Dubai and other Arab countries has increased a lot in the last 1-2 years. Talking about Dubai only, according to the data of GlobalMediaSite.com, there are 12 lakh 90 thousand people from Pakistan. Not only this, many laborers from Pakistan also work in these Gulf countries. In such a situation, if there is an economic loss to Pakistan, then their number may increase further, due to which the economy of these countries may suffer a setback.