Economic crisis. Editorial Published. 42. Join our Whatsapp channel. By any definition, Pakistan's current economic situation is dire. Certainly, this is the case with the new coalition government. Audio transcription. Ten years ago this week, the collapse of Lehman Brothers became the defining event of the financial crisis. Its effects and the recession that followed, on income and wealth. It goes without saying that the crises in Sri Lanka and Pakistan will have their own impact on India. Sri Lanka and Pakistan, two of India's immediate neighbors, are plunged into a deep economic and political crisis. Pakistan's economy has been plagued by structural inflation, with the Consumer Price Index on average. 26 gp, the years of the highest level. The average SPI sensitive price index for the first five months of is close. The disturbing element is that the SPI was present, Manjushri Abhishek Kadam, “Global financial crises and its impact on India”, International Journal for Modern Trends in. Science and Technology, Vol. 07. pp-107-110. Even though work has started on the construction of a transshipment center in Kerala, it is in India's interest to help relieve Sri Lanka of the economic crisis in the short term. Furthermore, India is also one of the major contributors to foreign direct investment in Sri Lanka. FDI from India was around 1 US dollar. Prime Minister Khan inherited a balance of payments crisis, the third in years. At the end of the year, Pakistan had a current account deficit of almost 12 percent. Exorbitant imports, including those linked to the China-Pakistan Economic Corridor. China reportedly first objected to the US-sponsored motion, supported by the UK, France and Germany, to include Pakistan in the watch list, then withdrew its objection during the second vote called by the US Crisis Group. Discussion, Analyst, Washington, “Pakistan set to be placed on FATF gray list in June,” Dawn, 24. This article is an update of surveys conducted by McKinsey in April and to assess the immediate effects of sentiment financial, behaviors, needs and expectations of household financial decision-makers around the globe. The countries studied, together representing percent of the world's population.