Pakistan is raising taxes to get an IMF bailout

Pakistan is in the midst of one of the worst economic downturns in its recent history, and is turning to the International Monetary Fund for a bailout. The country has agreed to raise taxes, as well as the cost of gas and electricity. As Betsy Joles reports from Karachi, these price increases will take a huge toll on the poor and middle class.

Help keep The World going strong!

The article you just read is free because dedicated readers and listeners like you chose to support our nonprofit newsroom. Our team works tirelessly to ensure you hear the latest in international, human-centered reporting every weekday. But our work would not be possible without you. We need your help.

Make a gift today to help us reach our $25,000 goal and keep The World going strong. Every gift will get us one step closer.