Former Governor State Bank Raza Baqir has said that if Pakistan defaults, it will be a difficult and long phase.
During the Pakistan Literature Festival in London, a session was held on ‘What caused Pakistan’s economic crisis’.
Dr. Ishrat Hussain, Raza Baqir, Shabir Zaidi and Zafar Masood expressed their views in the session.
Speaking on the occasion, Raza Baqir said that relations with international financial institutions are not better than a few months, which is a matter of concern.
Raza Baqir says that relations with the financial institutions we depend on should be constructive, we cannot hurt those who care about us.
He said that the problem of the corona virus outbreak was a bigger problem, we had come out of it, we will come out of it too.
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