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Pakistan's economic crisis explained | Important lessons for India | Abhi and Niyu

In this video, Abhi and Niyu discuss the economic crisis in Pakistan. Today, Pakistani ministers are asking people to drink less tea in order to save the country. This may sound absurd but Pakistan spends more than $600 Million on tea imports every year! Pakistan is lurching from one crisis to the next. There was the long drawn out political crisis with Imran Khan refusing to leave the prime minister's chair until he finally had no choice and Shehbaz Sharif was sworn in as PM. But the country is now staring at a huge economic crisis. Pakistan faces $6.4 billion in debt due over the next three years as Prime Minister Shehbaz Sharif's new government is trying to meet bailout terms set by the International Monetary Fund. Chapters: 00:00 Intro 01:00 HISTORY 02:06 DEBT PROBLEM 03:51 CHINA'S ROLE 05:17 ECONOMIC CRISIS 06:11 LESSONS FOR INDIA #pakistaneconomy #casestudy #abhiandniyu A video by Abhiraj Rajadhyaksha & Niyati Mavinkurve Facebook:   / abhiandniyu   Instagram:   / abhiandniyu   Twitter:   / abhiandniyu   About Us: Abhi and Niyu is the fastest growing Indian educational YouTube channel. Abhi and Niyu are a husband-wife couple who believe in the power of our youth. Abhi and Niyu started their page to talk about positive, impactful ideas and to inspire offline action from online content. It was a way to change the way our negative feeds operated and replace negative news with positive, action-oriented news that made some change. They decode and simplify issues for Millenials and believe small steps lead to big outcomes in the future. Their videos span different genres like history, environment, and sustainability, policy discussions, social commentary, economics, personal finance, among others.