Pakistan Drowning in $286 Billion Debt, Eyes 'Board of Peace' Fee Amidst Crisis

• Pakistan, burdened by a $286.8 billion debt, agreed to join the 'Board of Peace' proposed by Donald Trump, requiring a $1 billion fee.
• This decision comes despite Pakistan's reliance on international aid, including a recent $1.2 billion IMF bailout and $700 million from the World Bank.
• The country's foreign exchange reserves are critically low at $10.33 billion, raising questions about its economic priorities.
• Critics argue Pakistan is using borrowed funds for diplomatic ambitions rather than addressing its severe economic challenges.
• Pakistan also requested the UAE to extend the repayment deadline for a $2.5 billion loan, highlighting its financial distress.

Why It Matters: Debt-ridden Pakistan's decision to join the 'Board of Peace' for $1 billion raises concerns about its financial priorities.