posted on Oct, 7 2008 @ 05:24 PM
Pakistan's foreign exchange reserves have hit so low that the country can only afford one month of imports and faces possible bankruptcy.
President Asif Ali Zardari told the Wall Street Journal that Pakistan needed a bail out worth $100 billion from the international community to
overcome the nation's economic crisis and to fight terrorism.
Zardari is facing scepticism at home about his strategy to overcome security issues and an economic crisis.
Only a month after his election as Pakistan’s president, Mr Zardari risks losing the support of politicians from within his own ruling coalition.
Mr Zardari is due to convene a joint session of parliament today for a rare briefing from army and intelligence chiefs on the military operations
against pro-Taliban militants. The closed-door session comes as Pakistani politicians have come under increasing threat of assassination, the United
States has stepped up missile strikes on Pakistani soil and the economy needs a multi-billion-dollar international cash injection to save it from