Pakistan to repay its debt with help of this country??
Pakistan: In preparation for handing over Gilgit-Baltistan to china, pakistan can take steps to repay the debt
Expressing apprehension, mumtaz, president of the Karakoram National Movement, said that isolated and neglected, Gilgit Baltistan could become a future battleground to compete for world powers.
Pakistan may lease the Pakistan-occupied kashmir region (PoK) Gilgit-Baltistan (GB) to china to pay its mounting debt. Expressing apprehension, mumtaz, president of the Karakoram National Movement, said that isolated and neglected, Gilgit Baltistan could become a future battleground to compete for world powers.
The northernmost part of kashmir data-borders china and mumtaz has expressed apprehension that pakistan may hand it over to china at any time to pay off the debt. However, it has been said in Pakistani media that mumtaz is spreading false news among the people.
But this step may also cost him heavily because America will never want China's influence to increase in any way. The US may also blacklist pakistan for the foreseeable future from receiving funds from the IMF, World Bank, and other global agencies.Pakistani media reports say that the population of Gilgit-Baltistan is declining. Capable people are migrating with their families. Worryingly, one report states that nine percent of all suicides in pakistan occur in GB.
Despite providing electricity to the rest of the country, Gilgit-Baltistan has electricity for only two hours, as the region is not part of Pakistan's national grid. In addition, it suffers from food shortages and has no control over hydropower or other resources.