Pakistan’s economy is close to its weakest in the country’s 64-year history. Annual economic growth has slumped to little more than 2.4 per cent, the fiscal deficit is yawning and support from the International Monetary Fund is an essential crutch.
Regardless of the floundering economy, the shopping list of its powerful military grows and grows.
Although a long-time ally of the US, Pakistan increasingly views China as a supplier of choice.
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