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Pakistan's Economic Crisis: From Wealthier Than India to Beggar Nation – What Went Wrong?
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From Richer Than India to Beggar: Pakistan's 17-Year Downfall Began in 2008
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News18
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02-04-2026, 17:05
From Richer Than India to Beggar: Pakistan's 17-Year Downfall Began in 2008
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Pakistan, once economically stronger than India, now frequently begs IMF for aid.
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In early 2000s, Pakistan's per capita GDP was higher than India's, but focus shifted to terrorism.
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Post-2008, India invested in business, tech, education, while Pakistan fostered terror groups.
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Pakistan's support for terrorism, including 26/11 attacks, deterred global investors.
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Despite 24 IMF bailouts, funds are diverted to military and terror, neglecting public welfare.
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