NEW DELHI: The Pakistani government is in a state of panic after India gave a return strike to the Pahalgam terror attack through Operation Sindoor. The Pakistani government is seeking help from countries including China and Turkey in fear of war. International agencies are reporting that Pakistan cannot afford a war with India now. Pakistan's economy, which has been weak for a long time, will be in a state of collapse.
American rating agency Moody's reports that if Pakistan prepares for war with India, the economy of Pakistan, which is already in a severe economic crisis, will collapse beyond recovery. The Pakistani people are already suffering from inflation.
The current price of rice is 34 Pakistani rupees (10 Indian rupees). The prices of other essential commodities are 780 for chicken, 332 for eggs, 160 for bread, and 176 for fruits. The prices will skyrocket again if there is a war in this situation. The GDP growth rate will drop sharply. In addition, assistance from ADB, IMF, etc. may also stop. The cancellation of the Indus Water Treaty and the termination of trade transactions have already been a setback for Pakistan.
If there is a war, not only Pakistan but also China will have to suffer the consequences. China has made huge investments in Pakistan. China has also given Pakistan billions of dollars in financial assistance. If there is a war, China will have to face a huge economic setback due to this. Therefore, China is trying its best to avoid war.