Economic crisis is the prize of the winner of Pakistan Power Struggle


ISLAMABAD—The fight to oust Pakistani Prime Minister Imran Khan will likely be decided within days. For the winner, the biggest challenge will be to resolve an economic crisis that threatens to leave the country unable to pay its debts.

Fueled by war in Ukraine, soaring oil and food prices have deepened Pakistan’s bloated trade deficit and driven up the cost of living for the country’s 220 million people. Mr Khan’s efforts to soften the impact through state grants and tax breaks have compounded the problem by jeopardizing an International Monetary Fund bailout.


Wj

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