According to media reports on Friday, Dar’s cancellation comes amid deepening political uncertainty and the evolving judicial crisis within Pakistan. This move by the finance minister is seen as a sign of the growing instability in the country’s economic and political landscape.
Pakistan has been grappling with a number of challenges in recent months, including a spike in COVID-19 cases, rising inflation, and a depreciating currency. These factors have led to a difficult economic situation for the country, which has prompted the need for an IMF bailout.
However, the situation has been further complicated by the ongoing political and judicial turmoil. Pakistan’s Prime Minister, Imran Khan, has been facing mounting pressure from opposition parties and the judiciary over allegations of corruption and mismanagement.
In this context, Ishaq Dar’s cancellation of his visit to the US is a significant development that underscores the severity of the situation. The move is likely to have implications for Pakistan’s economic prospects and its relationship with the international community.
As the situation in Pakistan continues to evolve, it remains to be seen how the country will navigate its way out of this crisis. The cancellation of the finance minister’s US visit is just one more indicator of the challenges that lie ahead for Pakistan’s leaders and its people.