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| Name | What Is A Debt Trap? | MoneyCurve | Dawn News English |
| Video Uploader | Video From DawnNews English |
| Upload Date | This Video Uploaded At 18-03-2023 10:46:18 |
| Video Discription | Pakistan is stuck in a cycle of taking new loans to repay old loans. Before you know it, you fall into a situation where the amount of debt you owe spirals out of control. In the global banking system, every loan comes with interest. And when that interest piles up, you’re in trouble. It’s similar for countries, when the income generated through trades, taxes and other economic activities is insufficient, and the interest standing upon its outstanding loan amount continues to pile up, it means that the country’s debt obligations exceed its repayment capacity. Let’s put it this way; you’re making less money than you need to, basically, live and also repay the money you owe others. This will eventually lead you to avail fresh new loans to clear off the piled-up interest. So, how do you escape a debt trap? Official Facebook: https://www.facebook.com/dawndotcom/ Official Twitter: https://twitter.com/dawn_com Website: www.dawn.com Official Instagram: https://www.instagram.com/dawnnewsenglish #dawnnewsenglish #dawnnews #dawn #pakistan #pakistannews #englishnews #businessnews #news #debttrap #debt #economiccrises #imfdeal #imf #loan #loanprocess #ishaqdar #financeminister #pmln #pmshehbaz #pdm #floodsinpakistan [uVjkIE9Rd-s] |
| Category | News & Politics |
| Tags | dawn news english | dawn news | dawn | news | dawn news tv | dawn news live | dawn live | business news | current affairs | english news | economy news | political news | pakistan | dawn english | pakistan news | moneycurve | latest | viral | trending | debt trap | imf | international monetary fund | imf loan | imf tranche | economic crises | economic meltdown | ishaq dar | finance minister | pm shehbaz |
